Jo'burg born and bred, Lisa Steyn couldn’t imagine a more exciting time or place to be a journalist.When denied a spot to study graphic design, she wouldn’t have guessed it was really a stroke of luck. Steyn instead took up journalism as a fall-back option not expecting the course to lead to a career as a reporter. While at the University of Pretoria she also majored in English and Visual Communication and went on to acquire an honours in journalism from Wits University. She came on board the Mail & Guardian's business team at the end of 2011, but was already a familiar face at the publication after taking part in its internship programme in 2010.
The unemployment rate in South Africa has risen to 25.5% – the worst rate of joblessness seen since the first labour force survey in 2008.
A month-long strike in the metal sector is over after a three-year deal was reached in which workers will receive pay hikes of as much as 10% a year.
The Reserve Bank putting rates up by 0.25% was enough to boost investor confidence and rally the local currency bond market.
The grouping's smallest member could become the New Development Bank's biggest winner.
The metalworkers union sees the industry’s eleventh-hour bid to link an agreement to the curtailing of factory-level demands as an act of bad faith.
Employer organisations in the metals and engineering sector say a settlement that is short-sighted could lead to long-term hardships.
Reserve Bank Governor Gill Marcus announced an interest rate hike on Thursday, while highlighting strike action and excessive salaries and bonuses.
The headquarters of the bloc’s new bank will be in China, but South Africa will host the institution’s main centre for its affairs on the continent.
Numsa has plans to intensify its strike but the organisation representing steel companies says it has no mandate to continue talking to the union.
Pay cheques are in but many business owners will struggle to recover from the five-month platinum mine wage dispute.