Business

Transnet National Ports Authority (TNPA) at the Port of Ngqura has officially opened its world-class administration building, which represents an investment of R255 million into the economy of the Eastern Cape Province.The name of the new five

JOHANNESBURG, June 21 (ANA) – South Africa has more people receiving social grants than those with jobs, resulting in a deepening social crisis, a survey by the Institute of Race Relations (IRR) has found.Furthermore, as the economy continues

JOHANNESBURG, June 21 (ANA) – Barclays Africa and Absa Bank said on Wednesday that Absa has decided to approach the High Courtin order to have the Public Protector’s report that the bank must repay more than one billion rand to

JOHANNESBURG, June 19 (ANA) – Sibanye Gold announced on Monday that it has secured a two-year wage agreement with the United Steel Workers of America, International Union, the representative union at its Stillwater Operations in Montana, USA

National Treasury has welcomes S&P’s decision of maintaining South Africa’s sovereign credit rating with a long-term foreign currency sovereign credit rating of “BB+”, and a long-term local sovereign currency credit

MTN Group said on Thursday that it will oppose the lawsuit brought against it by Turkish operator, Turkcell, over the disputed and lucrative licence to operate in Iran, adding that Turkcell has no legal merit to claim.This comes after Turkcell said

JOHANNESBURG, May 18 (ANA) – General Motors’ announcement on Thursday, that it was withdrawing its manufacturing facilities from the South African market is a vote of no confidence in government’s leadership of the economy, the

Energy Minister Mmamoloko Kubayi will not appeal last month’s ruling by the Western Cape High Court that government’s attempts to secure 9.6 gigawatts of nuclear energy were unlawful, she said on Saturday.On April 26, two judges of the

Embattled former African National Congress MP Brian Molefe will make his first public appearance as the reinstated Eskom chief executive when he addresses the opening session at the African Utility Week conference and expo in Cape Town next week on