South Africa

The South African Revenue Service (SARS) said the ongoing strike at its operations has caused continued delays, forcing the tax body to close 40 branches throughout the country. The Public …

Mainstream Renewable Power together with investment company Actis have announced the sale of Africa’s largest pure-play renewable energy independent power producer (IPP) Lekela Power, to Egyptian company Infinity Group and …

Creditors of Mango have accepted R85 million less from government than the R819 million approved by Parliament in a special allocation 18 months ago, in a bid to avoid a …

Twitter is pressing for a quick trial, and Elon Musk’s lawyers are making a case to slow things down. In the lawsuit Twitter filed against its would-be owner, the company argued …

Searcher Seismic is planning a survey looking for oil offshore South Africa, months after it called off an earlier search due to a court challenge. The company is applying for …

MTN Group on Friday entered into discussions to acquire Telkom. The news sent Telkom’s share price rocketing higher. MTN has long been interested in Telkom, with market talk about discussions …

South Africa’s rooibos tea industry paid R12.2 million ($716,000) to groups representing indigenous people in the country. This payment is part of a benefit-sharing agreement to recognize the original cultivators …

MultiChoice, the parent company of subscription-based cable tv, DSTV and GOTV, has been ordered by the Court of Appeal sitting in Port Harcourt, Rivers State, to share its contents with …

The South African Reserve Bank (SARB) is making steady progress in its investigations around a central bank digital currency, says deputy governor Kuben Naidoo. Speaking in PSG’s latest Think Big …

BMW has announced the launch of its new electric i4 sedan in South Africa, with pricing starting at R1.6 million. BMW said the i4 is the brand’s first purely electric …