McKinsey details what steps SA needs to take to add R1 trillion to its economy and create 3. 4 million jobs by 2030.
Hosken Consolidated Investments announced that it had appointed long-serving director Velaphi Elias Mphande as chairman.
The Producer Price Index for final manufactured goods, which measures inflation at the factory gate, eased to 3,3 percent in July.
Lonmin hires leading financial specialist Ron Series as its programme of shaft closures begins.
Attributable profit for the year to June falls 86. 2 percent to R25 billion as the global commodities market continues to battle.
Santova Logistics has made an acquisition in Mauritius and opened an office in Ghana as part of its expansion plans.
NUM has signed a three year wage deal at the Nkomati Nickel Mine, owned by Patrice Motsepe’s African Rainbow Minerals and Norilsk of Russia.
The National Union of Mineworkers (NUM) is “extremely worried” about Glencore’s planned closure of the Eland Mine near Brits.
Shoprite cemented its status as Africa’s largest retailer by sales as it raised revenue by 11. 2 percent from R102 billion to R114 bln.
Brimstone reports a tough six months to June asits listed investments are revalued downwards.
Eskom used its results to assure financial markets of its continued ability to service its debt.
Production in the manufacturing sector fell by 1. 2 percent in the second quarter compared to the first quarter of this year.
The Consumer Credit Index for the second quarter of this year shows a marginal improvement compared with 2014.
The latest aBusiness Confidence Index surprised with a 3,3 points jump in July to 87,9.
AngloGold Ashanti closes the sale of the Cripple Creek & Victor mine in Colorado to Newmont Mining for $820m.
The asset management industry in Africa is set to reach $1. 1 trillion in assets under management by 2020.
Africa’s Tripartite Free Trade Area can succeed only if it is backed by good credit insurance, says Euler Hermes’ Gregory Nosworthy.
Tough reforms and hard spending decisions are needed for unemployed youth to prosper in the job market, says Angel Gurria.
Royal Bafokeng Platinum’s subsidiary, Royal Bafokeng Resources, has reached a settlement worth up to R110m with Sars.
Membership of Brics can help Africa with WEF and AU proposed initiatives to drive the continent’s growth internally.
Capitec Bank disclosed that its capital adequacy reserves ratio exceeded the regulatory requirement threefold.
Consumer confidence plunged to a 14 and a half year low in the second quarter of this year.
A consortium of leading SA banks, together with the Public Investment Corporation, made an offer for Stangen.
The non-agricultural formal sector shed 44 000 jobs in the first quarter of this year and saw gross and average earnings rise, Stats SA said.
SA’s youth is worse off than working age adults - with more than double the amount of young people being unemployed.