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S A enduring energy crisis, a new threat looms as state-owned Transnet SOC Ltd., vital for the nation’s logistics, faces a deepening meltdown.
The Rand faces a rare setback with a 0.3% decline against the dollar this month, bucking the trend of its emerging-market counterparts.
In a challenging week, Standard Bank faced public accusations of currency manipulation and treason.
Anglo American is contemplating job cuts at two SA units due to declining metal prices and iron ore export bottlenecks, insiders revealed.
Nedbank Group Ltd. has appointed Jason Quinn, formerly Absa Group Ltd.’s financial director, as its next CEO, succeeding Mike Brown.
Amia Capital, a London-based hedge fund, proposes SA’s government utilise gains from its central bank’s foreign exchange reserves, suggesting a shift in debt management.
The South African Reserve Bank’s (SARB) mandate to protect the currency’s value and stimulate economic growth is scrutinised.
Old Mutual says South African consumers are helping the economy turn a corner after one of the world’s strictest lockdowns.
In South Africa, a crippling scarcity of skilled workers is throttling economic growth, driving potential foreign investors away.
The High Court has ordered the sequestration of the BHI Trust of Craig Warriner – dubbed South Africa’s Bernie Madoff after investors lost billions to his fraudulent investment scheme.