Shock graph: SA gold output plunges most since 2015
South African gold output plunged the most in almost four years in September, Pretoria-based Statistics South Africa said in a statement Thursday.
South African gold output plunged the most in almost four years in September, Pretoria-based Statistics South Africa said in a statement Thursday.
The Free Market Foundation has put together a media release in which it suggests that Tito Mboweni could succeed in having troubled national airline SAA shut down.
The high-speed rail network is seeking R4bn to increase its number of trains by 50 percent ahead of a potential expansion.
The power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs.
Economists have many numbers to demonstrate how South Africa is declining, but Adrian Gore has others to counter predictions that the country is a lost cause.
Ted Black has attempted to make sense of Naspers through a ROAM (Return On Assets Managed) lens. His findings make for stomach-churning reading if you are a Naspers shareholder.
Finance Minister Tito Mboweni said last week that he favours shutting down the loss-making national airline and starting a new carrier.
A South African mining contractor owned by the Gupta family has been put into liquidation, according to people with knowledge of the matter.
Markus Jooste and the Steinhoff family including current Steinhoff director Angela Krüger-Steinhoff, pulled off a massive swindle over decades, with Steinhoff bigwigs on either side of deals designed to benefit themselves.
In the first scheduled bond auction since Mboweni delivered his fiscal update to lawmakers on October 24, demand dropped 67% from the previous sale to the lowest since March.