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Eskom’s unplanned outages averaged 14,644 MW over the last week, well above its base case of 13,000 MW for the 2025 winter ...
Prof. William Gumede of the Wits School of Governance said black economic empowerment (BEE) has led to increased poverty, unemployment, and inequality in South Africa. He said BEE across Africa failed ...
South African assets are on the march despite uncertainty in global markets over the outcome of tariff negotiations. The Johannesburg stock index is nearing a record 100,000 level mark, benchmark bond ...
The CEO of South Africa’s Technology Innovation Agency receives a R700,000 allowance from the government each year, on top of a R2.43 million salary. Science, Technology and Innovation Minister Blade ...
After several difficult years of declining viewership, the pandemic, and theatre closures, Ster-Kinekor is making a comeback with a range of offers aimed at luring people back into theatres. In April ...
South Africa’s public servants will receive a 5.5% increase in the current financial year, costing the government R7.3 billion. Over the next three years, with the National Treasury honouring the ...
South Africa’s mining lobby group said new draft legislation to regulate the sector has failed to include its recommendations, especially on Black ownership and advancement rules. The Mineral ...
Pick n Pay CEO Sean Summers said that while the retailer has made significant progress, a turnaround takes time, and the company must first crawl before it can walk, and then run again. Over the past ...
A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as R870 billion in debt-service costs, according to a research document published by ...
Investec will pay a record dividend for the third year in a row after the bank’s operating profit surpassed the £1 billion (R24.1 billion) mark for the first time. The specialist lender with ...
Standard Bank has warned South Africans of a significant rise in extortion, email, and text scams targeting banking customers. The bank said this rise has resulted in considerable financial ...
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