South Africa

According to an official from PASA, Petroleum Agency SA, Legal processes lodged by coastal communities to block oil and gas exploration effectively halted R1 billion in investment into the country. …

Standard bank came under fire for dismissing 40 employees and placing others on special leave for refusing to vaccinate despite the company making it compulsory to do so.  Earlier this …

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 …

Tongaat Hulett has approached the JSE for a temporary suspension of its listing, saying it will not be able to publish its financials on time, again. The company’s share price …

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 …

Pepco Group says its revenue grew by 17% in the third quarter ending on 30 June 30. The London based discount retailer is a subsidiary of Steinhoff International and owns …

South Africa’s International Air Services Council has cancelled all licenses and related route rights currently allocated to regional state-owned airline SA Express (SAX) with immediate effect. The regional state-owned airline’s …

South Africa wants Google to change how it displays its search results and it is also proposing stricter rules for online sellers. This initiated by South Africa’s Competition Commission’s inquiry …

Sassa, South Africa Social Security Agency says that the high number of rejections for the R350 social distress of relief (SDR) grant is because it has “refined qualifying criteria” to …

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 …