van Vuuren: Loadshedding free as demand slumps. Not Eskom’s turnaround strategy.
Dwaine van Vuuren says electricity output is still languishing at levels last seen in the greatest economic recession in living memory in 2008.
Dwaine van Vuuren says electricity output is still languishing at levels last seen in the greatest economic recession in living memory in 2008.
The final report into South Africa’s first bank collapse in 12 years found directors at Abil failed in their duties to manage and protect the lender before its downfall almost two years ago.
Jim Chanos recommended shorting Johannesburg-based MTN Group as demand for services in its largest markets is being hurt by falling commodity prices.
Barclays is selling about one-fifth of its stake in Barclays Africa as Chief Executive Officer Jes Staley accelerates his overhaul of the British bank.
There is a medium to high probability that South Africa’s debt will be downgraded to non-investment status, says the South African Reserve Bank (SARB).
Sanlam and Lion of Africa Assurance are among insurers whose sale of funeral policies for children on welfare has led to a confrontation with South Africa’s government.
Instead of tapping Treasury, the ANC has dipped into State employees’ retirement funds to support an Iqbal Surve-led consortium’s purchase of Independent Media.
In quick succession, Steinhoff has turned its back first on Home Retail Group and now Darty. The South African retailer should waste no more time barging into other peoples’ bids. It should buy BHS instead.
South Africa’s government is in the process of extending National Treasury head Lungisa Fuzile’s term, a decision that may settle investor concerns over the management of the nation’s finances.
Attacq’s Mall of Africa will add to an oversupply of retail property space that threatens to topple the best returns among South Africa’s real estate investment trusts.