The sudden winding up of the ANC’s newly elected deputy president’s businesses to allow him to enter government carries financial risk.
The business sector and unions have expressed approval of the appointment of Cyril Ramaphosa to the post of ANC deputy president.
Figures released by Statistics South Africa this week revealed a mixed bag for the South African economy.
The Opposition to Urban Tolling Alliance has urged Gauteng motorists to use every legal right available to make the e-tolling system ‘unworkable’.
It appears the electronic tolling of Gauteng’s freeways will indeed go ahead in 2013 after the North Gauteng High Court ruled in its favour.
ANC heavyweight Cyril Ramaphosa’s investment in Incwala is sinking, writes Lisa Steyn.
The state has once again taken centre stage in spurring on South Africa’s economic development.
The unbundling of Gold Fields’s assets to create Sibanye Gold is likely the first of many in South Africa as gold reserves continue to disappear.
Gold Fields has announced the creation of Sibanye Gold Limited, a new company formed through the unbundling of its subsidiary GFI Mining South Africa.
It’s taken six years, but the Mozambican part of the N4 toll route finally has higher tariffs and the country is starting to pay its part of the debt.
The South African Reserve Bank has announced it would stick to its accommodative stance on monetary policy.
Although revenues continue to increase, the profits of the airline industry have been squeezed by rising fuel and basic costs.
Aviation industry analysts are torn over whether there is money to be made for those who dare to tread on the runway.
A fall in platinum supplies has moved the market into a deficit of 400 000 ounces in 2012 as SA sales reach their lowest levels in over a decade.
While the financial crisis deepens in other parts of the world, the African growth story has just begun, but it’s not clear what role SA will play.
Comair is going for the jugular of South African Airways in a court case seeking compensation of up to R124-million.
As costs keep rising, South Africans keep buying assets but they borrow money so that they can eat, writes Lisa Steyn.
Three up-and-coming African nations, Nigeria, Zambia and Kenya have each received their first sovereign credit rating by Moody’s investor service.
Rwanda’s President Paul Kagame has spoken out against his critics who claim he is a dictator and behind a rebel group destabilising the DRC.
South Africa’s markets have welcomed news that Anglo American’s chief executive Cynthia Carroll has stepped down, with stock shooting up 1.8%.
Although providing power to far-flung homes remains a national imperative, the department of energy is struggling to deal with it.
Once called the "dark continent", Africa is now better known as the next growth frontier and is ripe for investment opportunities
Unsecured lending continues to boom in households but it appears that corporates have lost their credit appetite.
The treasury says unrest has had a negative impact on growth, adding tax revenue will be lower as wildcat strikes are estimated to have cost R10bn.
In response to developments in mining, the medium-term budget policy sets out imperatives to modernise the industry and amend labour relations.
Workers have held Sishen mine hostage with demands far higher than their peers elsewhere. The developments have left the company dumbfounded.
Striking workers at Kumba Iron Ore’s Sishen mine have disrupted training of workers, following a postponed bail hearing.
The Kathu Medi-Clinic has confirmed that seven protesters have been admitted with minor injuries after the police’s early morning raid at Sishen mine.
The strike at Kumba Iron Ore’s mine is coming to a head as workers face the real threat of losing their jobs and eviction from the mine’s premises.
Trade has been the most important driver of international growth over the past 60 years and is a key to creating jobs in emerging markets such as SA.
The intensity of the current wave of protest echoes the far-reaching Durban strikes in 1973, writes Lisa Steyn.
The rand has hit its weakest levels in three and a half years as a result of ongoing unrest in the mining and transport sectors.