Business

The South African Civil Aviation Authority (CAA) has suspended two of the Air Operator Certificates for CemAir, saying the company can no longer operate as an airline or fly any of its 21 aircraft.CAA spokesperson Simon Segwabe said the decision

National Treasury said the decision by Standard and Poors to retain the country's sovereign debt rating allows it to continue on the current growth trajectory.The Rating agency kept the country's debt ratings at "BB" and "BB

South Africa's Reserve Bank has raised the benchmark repo rate by 25 basis points to 6.75%  despite weak economic growth, saying delaying the adjustment could cause inflation expectations to become entrenched at higher levels."The

South Africa's inaugural investment conference meant to garner financial support and revive the economy realized nearly R290 billion in real investments.President Cyril Ramaphosa told some 13-hundred local and international delegates at the

Isuzu Motors South Africa has partnered with the Propella Business Centre in Nelson Mandela Bay through an investment into the industrial hub.The three-year partnership multi-million rand investment was announced at the Propella Business Centre on

The country's largest pharmaceutical company, Aspen Pharmacare, opened a R1bn high containment facility in Port Elizabeth, a first of it's kind in the country.The facility, which will produce high potency pharmaceutical products including

The Coega Development Corporation (CDC) this past week received news on a landmark approval of an Environmental Impact Assessment (EIA) for a 440 ha Land-based Aquaculture Development Zone (ADZ) and Desalination plant in Zone 10 of the Coega Special

JOHANNESBURG, November 20 (ANA) – Business Leadership South Africa (BLSA) chief executive, Bonang Mohale, revealed on Monday that business contributed R1.9 trillion to the country’s GDP, employing seven times more people than government

Across-the-board losses from the exchange rate are set to hit fuel consumers at the end of October. This is according to the Automobile Association (AA), commenting on unaudited month-end fuel price data released by the Central Energy Fund (CEF