Business
National Treasury avails R47bn to get hamstrung Transnet back on track
The rail, port and pipeline company's woes have worsened recently – with crippling backlogs at some of South Africa’s major ports.
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SA companies see MASSIVE benefits in four-day work week trial
South Africa has pilot tested the four-day work week, and seen how it affects employees and employers.
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Additional generation capacity plan in the offing, hints Electricity Minister
Minister of Electricity Kgosientsho Ramokgopa noted a need for more reliable energy generation beyond Eskom and the generators availed by China.
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Eskom sees generation capacity improvement, power cuts reduced to stage 4
Spokesperson Daphne Mokwena said what will follow for most of Friday is another round of a reduced load shedding stage.
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City Power plans to replace load shedding with a 'load limiting' process
According to the utility, unlike load shedding, load limiting does not completely cut off the power to the customer. Instead, the user is asked to limit their consumption.
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Port of Cape Town's operations back to normal after backlog cleared
Transnet says its Cape Town Port is ready to handle shipments delayed by the crisis at the port in Richards Bay.
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Tough negotiations as OPEC+ meets to decide over output amid tumbling prices
Amid stuttering global economic growth, analysts expect OPEC+ - the 13 OPEC members headed by Saudi Arabia and 10 partners led by Russia - to extend or deepen production cuts into next year to prop up prices.
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With emergency reserves low, Eskom says higher power cut stages to stay in place
Households and businesses have been forced to endure longer bouts of rolling power cuts as the utility struggles to keep the lights on.
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More state entities achieving a clean audit, Auditor-General tells MPs
Auditor-General Tsakani Maluleke and the Office of the Auditor-General on Tuesday presented the audit outcomes for national and provincial government for the 2022/2023 financials.
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Panyaza Lesufi’s call to write off Eskom debt is 'irreponsible' – Outa CEO
A video of Panyaza Lesufi promising to wipe out Eskom’s municipal debt is making the rounds on social media.
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Patel remains hopeful SA will continue to benefit from AGOA
He told Parliament while government would like to see changes made to AGOA's graduation policy - it did not want this to delay a decision by the US government to extend the preferential arrangement with African countries for another ten years.
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WC govt declares a dispute with national govt over public wage agreement
Western Cape Finance MEC Mireille Wenger said that the effects of the wage increase meant a hike in the Western Cape's wage bill of R2.9 billion.
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Eskom to implement stage 6 power cuts during evenings until Saturday
The ailing utility says that for the next four days, stage 4 load shedding will continue to be implemented until 8PM in evening, thereafter it’s stage 6 until 5AM in morning.
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Navigating the peaks and plateaus of the global interest rates outlook
With recent inflation data suggesting that central bankers may finally be turning the tide on inflation, questions continue to mount about when we’re going to see a turn in the interest rate cycle.
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SABC appoints Nomsa Chabeli as new CEO
The South African Broadcasting Corporation (SABC) has appointed Nomsa Chabeli as its new group chief executive officer (CEO) after four months of the public broadcaster being without a CEO.
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'No evidence' Standard Bank was party to Rand-US Dollar manipulation, says CEO
Standard Bank is among over two dozen institutions implicated in the 2017 Rand-US Dollar manipulation scandal that recently drew media attention after a UK-based bank admitted to its involvement in the scheme.
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Africa still being shortchanged by economic superpowers - Pandor
Speaking at the inaugural Cape Town Conversation, Pandor said: 'What these partnerships have not done, they’ve not resulted in increased industrial capacity in Africa, in wider access to energy, [and] in access to smart manufacturing.'
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Parly's Standing Committee on Finance to meet over currency manipulation report
The Competition Commission is expected to brief the committee on Friday afternoon on its investigation and report into the manipulation of the local currency.
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Gauteng shoppers brave heat & long queues for Black Friday deals
Despite the hot weather conditions in Johannesburg, consumers were ready to part ways with their money.
