Business

Sibanye-Stillwater warns of possible job cuts
Sibanye-Stillwater warns of possible job cuts
On Thursday, Sibanye-Stillwater said it may retrench over 6 000 jobs at shafts on its Beatrix and Driefontein gold mining operations due to...
Uber drivers lament 'exploitative' WesBank deal
Uber drivers lament 'exploitative' WesBank deal
A multimillion-rand programme designed to help Uber drivers buy their own cars has been deemed exploitative and disempowering.
DPE issues correction: Eskom not insolvent, but has “liquidity challenges”
DPE issues correction: Eskom not insolvent, but has “liquidity challenges”
The department of public enterprises (DPE) issued a correction to a presentation it made in Parliament on Wednesday, removing any reference to...
As it stands, Eskom will cease to exist by April — DPE
As it stands, Eskom will cease to exist by April — DPE
On its current trajectory Eskom will “cease to exist” by April and is technically insolvent, the department of public enterprise’s...
Carlos Ghosn's lead defence lawyer resigns
Carlos Ghosn's lead defence lawyer resigns
Two lawyers defending former Nissan chief Carlos Ghosn on charges of financial misconduct quit suddenly on Wednesday, the latest shock twist in a...
Slight drop in unemployment rate at end of 2018 — Stats SA
Slight drop in unemployment rate at end of 2018 — Stats SA
South Africa’s unemployment rate has decreased by 0.4 percentage points from 27.5% in the third quarter in 2018 to 27.1% at the end of the...
Cosatu takes to the streets over Eskom, job losses
Cosatu takes to the streets over Eskom, job losses
The country’s largest trade union federation Cosatu will embark on a one-day nationwide strike in the coming days, against job losses and Eskom...
ConCourt slams Moyane’s latest bid to have dismissal overturned
ConCourt slams Moyane’s latest bid to have dismissal overturned
Former South African Revenue Service (Sars) commissioner Tom Moyane’s bid to have his dismissal set aside has been dismissed by the Constitutional Court....
Nissan cuts forecast in first earnings since Ghosn arrest
Nissan cuts forecast in first earnings since Ghosn arrest
Crisis-hit Japanese automaker Nissan slashed its full-year forecast on Tuesday as nine-month net profit dropped 45% in the first earnings report...
Eskom board convenes ‘marathon’ meeting to deal with power cuts
Eskom board convenes ‘marathon’ meeting to deal with power cuts
Eskom’s board convened a “marathon”, six-hour emergency meeting on Monday, as load-shedding was dramatically intensified during the course of...
Eskom escalates to stage 4 load-shedding
Eskom escalates to stage 4 load-shedding
Eskom’s rotational power cuts escalated on Monday leaping from stage two to stage four.
Eskom split helps transparency, but financial challenges remain — Moody's
Eskom split helps transparency, but financial challenges remain — Moody's
Ratings agency Moody's has said that splitting Eskom into three entities may make the power utility's cost structure more transparent, but the...
SA rides emerging market wave
SA rides emerging market wave
With the country thrashing out a solution to its Eskom problems, foreign investors appear to have taken a renewed shine to South Africa, given the...
US fine bolsters SA’s rand-fixing case
US fine bolsters SA’s rand-fixing case
In January 2008, a few months after foreign exchange traders organised a currency-rigging cartel, its members discussed plans to manipulate the...

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