South Africa

South Africa needs to spend $250 billion (about R4-trillion) over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a study. …

SARS declares a strike and demands 1.4% increase offer which has been rejected by Nehawu and the PSA. The unions insist on a 7% increase, among other benefits. On Wednesday, …

From 7:30 am on Saturday morning, Standard Bank started experiencing degradation on one of its components, called a generic switch which is responsible for responsible for switching transactions related to …

Rhodes and Bull Brand owner RFG earnings for the interim period have increased despite constrained consumers and logistics challenges.  The food producer released its results for the six months ended …

A poor start to the year, specifically caused by a strike at its snacks and treats division and a decline in volume at its bakeries has resulted in a decrease …

Uber is unlikely to revise the 25% commission it charges drivers contracted to its platform, as it says the fee is crucial to maintaining the e-hailing service provider which has …

Effective from july 1 Willie Lategan will take over from Saks Ntombela as Hollard Group CEO.  Lategan, an actuary by training is a former group chief financial officer and currently …

African Development Bank (AfDB) president Dr Akinwumi Adesina says the development finance institution is ready to support South Africa’s transition from coal to renewable energy and announced that a just energy transition facility was being …

Some market players question the group’s ability to manage all of this investment, as a portion of it would require funding through debt An increase in deal activity at Vodacom …

Johannesburg, South Africa’s biggest city, needs R26 billion rand to stabilize power supply, Mayor Mpho Phalatse said. However, the city only has R7.7 billion for a budget that includes other …