Virus surges faster than expected in South Africa’s economic hub

Amogelang Mbatha|Published

Coronavirus cases in South Africa?s economic heartland are rising more rapidly than expected.

SA misses deadline to bail out struggling SAA

Amogelang Mbatha|Published

The South African government said it?s working on solutions for the national airline.

Ramaphosa seeks job-cut freeze amid recession

Amogelang Mbatha|Published

President Cyril Ramaphosa urged businesses to place a moratorium on job cuts as his administration tries to contain the fallout of a recession.

IN DEPTH: South African towns are falling apart

Amogelang Mbatha|Published

Mismanagement, graft and declining fortunes are decimating local finances, while many people who can leave for opportunities in big cities.

Ramaphosa wows to hunt R1.2 trillion in investment

Amogelang Mbatha|Published

President Cyril Ramaphosa is spearheading a drive to attract $100 billion in new investment as he seeks to kick-start the economy.

Welfare head defends Post Office talks

Amogelang Mbatha|Published

SASSA head defends his decision to initiate talks with the Post Office as a contingency plan in case a contract to distribute grants can't be extended.

Zuma weighs objection to law on bank transactions

Amogelang Mbatha|Published

The challenge to the Financial Intelligence Centre Amendment Bill is being brought by the Progressive Professionals Forum.

R130bn of SA city budgets in play

Amogelang Mbatha|Published

The ANC could lose control of R130bn in city budgets as political parties negotiate coalitions to rule four of SA’s biggest municipalities.

SA wants Zim ban binned

Amogelang Mbatha|Published

Rob Davies wants Zimbabwe to reverse a decision to ban imports of goods from the continent’s most-industrialised economy.

Zim won’t be dollar fishing pond

Amogelang Mbatha|Published

Zimbabwe will introduce bond notes and restrict the spending of foreign currency to vital commodities to limit dollars leaving the country.

SA settles Kruger land claims

Amogelang Mbatha|Published

Compensation has been given to communities for land claims under SA’s restitution programme at the Kruger National Park.

SA’s inflation slows in April

Amogelang Mbatha|Published

South Africa’s inflation has slowed for a second consecutive month, leaving room for the Reserve Bank to pause its policy tightening cycle.

Collaboration vital to avert junk status - Radebe

Amogelang Mbatha|Published

SA is confident that its partnerships with business and labour can help it avert a credit downgrade to junk, says Minister in the Presidency Jeff Radebe.

Madonsela to probe Gupta, Zuma ties

Amogelang Mbatha|Published

The Public Protector pans to investigate whether President Jacob Zuma breached the law through his relationship with the Gupta family.

‘We have never broken a fiscal promise’

Amogelang Mbatha|Published

Finance Minister Pravin Gordhan moves to reassure investors after Moody’s puts South Africa’s credit rating on review.

Questions over ANC party funding

Amogelang Mbatha|Published

The Public Protector is asked to probe whether the PIC diverted R40 million to the ANC’s 104th anniversary.

PIC discusses concerns with AB InBev

Amogelang Mbatha|Published

SABMiller’s fourth-largest shareholder - the Public Investment Corporation - voices concerns over beer deal to AB InBev.

SA to keep US trade status

Amogelang Mbatha|Published

SA will probably retain duty-free access for exports to the US worth as much as $1. 7 billion a year under the Africa Growth and Opportunity Act.

‘Probe Hitachi allegations now’

Amogelang Mbatha|Published

Helen Suzman Foundation pushes SA’s public protector to probe claims that Hitachi made improper payments to the ANC.

Madonsela to Zuma: Do the right thing

Amogelang Mbatha|Published

Thuli Madonsela discusses Nkandla, the risks of toxic anger and government graft in an exclusive interview.

SA’s current account deficit narrows

Amogelang Mbatha|Published

South Africa posted a smaller current account deficit than economists estimated in the first quarter.

Foreigners told to share their secrets

Amogelang Mbatha|Published

Foreign shop owners must share their trade secrets, small business minister Lindiwe Zulu says.

Africa’s GDP up 50% by 2019 - Deloitte

Amogelang Mbatha|Published

Africa’s gross domestic product might expand by 50 percent to $3. 7 trillion by 2019, says Deloitte.

ANC considering minimum wage for SA

Amogelang Mbatha|Published

ANC in talks with labor allies on imposing a minimum wage to help redistribute wealth.

Task team will tackle growth - Mantashe

Amogelang Mbatha|Published

Gwede Mantashe says the government will appoint a task team to focus on accelerating growth in the economy.