Hawks, NPA assign teams to look into Agrizzi revelations
Politics
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Economist says repo rate decision based on improving economic situation
SA Reserve Bank Governor Lesetja Kganyago announced on Thursday that the repo rate will remain at 6.75%.
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China revises 2017 GDP growth downward to 6.8%
The size of the gross domestic product of the world's second-biggest economy was revised down from 82.7 trillion yuan ($12.1 trillion) to 82.1 trillion yuan.
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Former Transnet CEO Brian Molefe denies corruption claims
Transnet board chair Popo Molefe says there's evidence of maladministration and corruption under Brian Molefe’s watch.
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SA Reserve Bank keeps repo rate unchanged
In November the repo rate was increased by 25 basis points to 6.75% with governor Lesetja Kganyago listing rising inflation and the weak rand as major factors.
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Concern raised on ANC’s Sarb comments ahead of repo rate announcement
In November the repo rate was increased by 25 basis points to 6.75% with governor Lesetja Kganyago listing rising inflation and the weak rand as major factors.
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Transnet was the first target of state capture - Popo Molefe
The parastatal's board chair says some executives were professional thieves and went to work only to loot the company.
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[LISTEN] Best and worse scenarios if Eskom's tariff hike bid fails
Kieno Kammies speaks to Maarten Ackerman, chief economist at Citadel, who presents two scenarios that could emerge from the Nersa tariff application hearings.
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Summons served on some former Transnet execs implicated in corruption - Molefe
Transnet board chair Popo Molefe says that disciplinary hearings for those implicated in maladministration are also expected to start next week.
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Slight petrol price drop predicted for late January
The Automobile Association (AA) says a further drop is on the cards, according to the unaudited mid-month fuel price data released by the Central Energy Fund.
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Mr Price posts slow Q3 sales growth on lower clothes, Black Friday sales
This also resulted in lower Black Friday sales in November, while in December school holidays commenced a week later than the corresponding period, the group said in a statement.
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Woolworths posts tepid 26-week sales
Group sales rose 1.9% compared with a 2.5% increase in the 26-week period ended 24 December, 2017.
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Reserve Bank to announce decision on repo rate today
Pensioners with investments will be hoping for another increase in the rate this afternoon while those with bonds or debt want the opposite.
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Molefe: 'Corruption at Transnet nothing short of a horror movie'
Transnet board chairperson Popo Molefe says it’s not yet clear how long it will take to completely eliminate corruption at Transnet.
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Rand marginally lower ahead of rates decision
All 27 economists polled by Reuters had predicted the central bank would keep the rate unchanged at 6.75%, but said a hike was likely in May due to rising inflation.
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Ghosn appeals against Japan bail rejection
The court has previously refused to release the 64-year-old Franco-Lebanese-Brazilian businessman on the grounds that he could present a flight risk and destroy evidence.
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Spar franchise owner faces new claims of unfair labour practice, abuse
The previous owner of the Zambezi Spar in the north of Pretoria says that after Chris Giannakopoulos took over her branch, he fired all the employees and hired new staff.
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Wesgro ‘keeping close eye’ on Brexit developments & impacts
The United Kingdom is the second largest export market for the Western Cape.
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YouTube clarifies rules on pranks as risky memes rage
The company has already forbidden content inciting dangerous activities likely to result in serious harm.
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Angelo Agrizzi: 'Near-death experience made me expose corruption at Bosasa'
Former executive Agrizzi says he was so deeply involved in criminal activities at Bosasa that he started to think they were all above board.
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Facebook brings stricter ads rules to countries with big 2019 votes
Facebook, since 2016, has become a means for politicians and their adversaries to distribute fake news and other propaganda.
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Ramaphosa: 'Govt dealing with Eskom problems & working to stabilise Sars, NPA'
President Cyril Ramaphosa says SA will be taking a positive message to the world which outlines government’s collaboration with business and communities.
