Ray White
News Feed
Mokgalapa no-confidence vote: ANC working with opposition to oust mayor, speaker
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.
Eskom debt still hovering around R454bn – Mabuza
The power utility’s board chairperson said they expected to report a similar full-year loss this year as the one recorded in 2018.
SA business confidence on the up after 2 years of decline
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.
IMF: SA needs a more decisive approach to turn its economy around
The IMF has now joined ratings agencies in expressing concern about the country's overall economic growth, citing immediate concerns.
Room for repo rate cut in January, says economist
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%.
There's room for repo rate cut, some economists say ahead of rates announcement
On Wednesday, Stats SA announced that the headline consumer price index fell to 3.7% in October, down from 4.1% the month before.
Nhlanhla Nene appointed non-executive director at Grobank
Nene resigned last year after pressure from opposition political parties and the public.
AIF delegates urged to take advantage of African Continental Free Trade Area
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.
Ramaphosa urges leaders to move away from mere pledges
Presidents and delegates have gathered in Sandton on Monday to discuss how best to utilise the continent's resources.
It’s time for Africa to produce more of its own products, says Ramaphosa
The president opened the Africa Investment Forum in Sandton on Monday, saying local manufacturing needed to be bolstered by an investment pipeline.
SA partners with Saudi Aramco for R147 billion oil refinery set for 2028
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.
Richard Mdluli acquitted on intimidation charges
Judge Ratha Mokgoatlheng pointed out that the constitutionality of the law had changed following a ruling last month.
Mkhwebane welcomes court ruling on Zille's colonialism tweets
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.
Ramaphosa says new investment and infrastructure office to boost SA’s economy
The office will be headed by former Gauteng MEC for Economic Development, Kgosientso Ramokgopa.
Rand strengthens after Moody’s revises outlook on SA
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 changes SA’s outlook to negative from stable
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.
Traders, investors nervously await Moody’s rating on SA
Moody's is the last of the three big ratings agencies to keep the country in positive territory.
Rise in unemployment rate no surprise, says Cosatu
Statistician-General Risenga Maluleke said it was the highest unemployment rate since the survey started in 2008.