Fitch affirms SA’s rating at BB+ with stable outlook
It’s the third major agency to keep its rating unchanged with Fitch and S&P Global keeping South Africa at sub-investment grade.
No festive leave for Eskom senior managers amid load shedding
Public Enterprises Minister Pravin Gordhan says senior managers need to find out why power stations are failing.
Eskom has no choice but to continue with stage 2 load shedding
The country has been hit by widespread load shedding over the past week, with businesses complaining that this is affecting productivity.
New NPA boss Batohi: Corruption & state capture not insurmountable
Shamila Batohi will formally take office in February, after serving her notice period at the International Criminal Court in The Hague.
Stats SA: Growth in agriculture sector helps get SA out of recession
Statistics South Africa (Stats SA) says gross domestic product (GDP) for the third quarter expanded by 2.2% quarter on quarter.
SA records third quarter GDP of 2.2%, lifting country out of recession
South Africa suffered two successive quarters of negative growth - and the third-quarter numbers are a welcome relief for the country.
Stats SA to announce third quarter GDP results
South Africans will know on Tuesday whether the country has emerged from a technical recession.
As load shedding hits, Ramaphosa discusses energy investment with Saudi prince
It was agreed during a meeting earlier this year that Saudi Arabia would pump R133 billion worth of investment into South Africa, primarily to be focused on the troubled energy sector.
Petrol price to decrease by R1.84c per litre
This comes after the country saw a record price hike a couple of months ago which saw petrol hitting up to R17.08, while diesel went up to as much as R15.69.
S&P Global notes change from govt but still has concerns
The agency has kept its ratings unchanged just below junk status.
Economists warn that rates hiking cycle may not be over yet
With South Africans forced to tighten their belts further due to a 25 basis point increase in the repo rate, it's been emphasised that there is still good financial news for consumers this festive season.
[ALERT] Reserve Bank raises repo rate 25 basis points to 6.75%
The repo rate has been at 6.5% since March this year when it was cut by 25 basis points.
Cash-strapped South Africans brace for interest rate announcement
South Africans have been hit hard by increased fuel prices and a rising cost of living, but economists agree there are a few signs that the worst may be over.
Denise Ganas vows to continue fighting Momentum despite premium payout
The insurance company has come under fire for declining to pay R2.4 million to Nathan Ganas' family, saying he failed to disclose his health condition before his death.
Economists warn UK may be hit by recession in Brexit deal
There has been a sharp decline in the value of the pound with the rand strengthening to 17.97 to sterling on Friday.
Fitch keeps ratings of SA’s major banks unchanged
The banks all have the same rating as Fitch says this reflects the overall outlook for the country.
Court rules interviews for NPA head be open to the public
R2K has taken the matter to court, saying the media must be allowed to have access to the decision-making process.
Nigerian govt confident about investment despite HSBC, UBS exit
The Nigerian government says it's confident of reaching a settlement with MTN after accusing it of suddenly withdrawing a large amount of foreign capital out of the country.