There were chaotic scenes in the council chamber on Thursday afternoon after Mathebe recused herself from presiding over a motion of no confidence against her.

The power utility’s board chairperson said they expected to report a similar full-year loss this year as the one recorded in 2018.

The survey comes after the IMF's warning on the country's fiscal position and ratings agency S&P Global downgrading its outlook to negative.

The IMF has now joined ratings agencies in expressing concern about the country's overall economic growth, citing immediate concerns.

Reserve Bank Governor Lesetja Kganyago cited a number of concerns, including stagnant growth and other headwinds for keeping the repo rate unchanged at 6.5%.

On Wednesday, Stats SA announced that the headline consumer price index fell to 3.7% in October, down from 4.1% the month before.

Nene resigned last year after pressure from opposition political parties and the public.

Delegates at the Africa Investment Forum are set to spend Tuesday discussing opportunities in each other's states, hoping to almost double investments achieved last year.

Presidents and delegates have gathered in Sandton on Monday to discuss how best to utilise the continent's resources.

The president opened the Africa Investment Forum in Sandton on Monday, saying local manufacturing needed to be bolstered by an investment pipeline.

South Africa’s Central Energy Fund, partnering with Saudi Aramco, said it expected a proposed new 300,000 barrel per day crude oil refinery along the east coast to come online by 2028.

Judge Ratha Mokgoatlheng pointed out that the constitutionality of the law had changed following a ruling last month.

Public Protector Busisiwe Mkhwebane has welcomed the dismissal of Helen Zille's application to have her remedial action set aside and reviewed on her colonialism tweets.

The office will be headed by former Gauteng MEC for Economic Development, Kgosientso Ramokgopa.

On Friday, Moody’s kept South Africa’s sovereign debt at BAA3 but revised the outlook to 'negative', citing a deterioration in the economic growth outlook and rising debt.

Moody’s said the outlook revision on its ‘Baa3’ rating, the lowest rung of investment grade, was motivated by a deterioration in the economic growth outlook and rising debt.

Moody's is the last of the three big ratings agencies to keep the country in positive territory.

Statistician-General Risenga Maluleke said it was the highest unemployment rate since the survey started in 2008.