Business
Oil rises nearly 2% as Iran tempers hopes of Hormuz reopening
By Stephanie Kelly LONDON, Aug 10 (Reuters) - Oil prices jumped almost 2% on Monday after Iran insisted that the United States must satisfy several demands before the Strait of Hormuz can reopen.
Heavy downpours expected in parts of the country
Residents in Gauteng, Limpopo and Mpumalanga have been warned to prepare for heavy downpours as severe winer weather continues to affect parts of South...
ANC Gauteng spokesperson Mzi Khumalo dies
ANC Gauteng provincial spokesperson Elias Mzikayifane Khumalo has died aged 54.
The provincial ANC confirmed his death, saying he died in hospital on Monday morning,...
Forget prime. Watch the bank margin
Sometimes the most meaningful economic reforms are not the ones that change interest rates.
They are the ones that make the financial system easier to...
Nkuhlu reflects on ETI exit as one of few regrets in...
Outgoing Nedbank Group chief operating officer Mfundo Nkuhlu says an investment in West Africa’s Ecobank Transnational Incorporated (ETI), which was eventually sold at a...
Kganyago blasts ‘seasonal’ SARB nationalisation push
Reserve Bank governor Lesetja Kganyago has raised concerns that calls to nationalise the South African Reserve Bank (SARB) tend to resurface whenever the ANC...
The government is abandoning B-BBEE through public procurement regulations
South Africa’s greatest missed opportunity is not failure to create new progressive policies, but the failure to harness the constitutional instruments we already possess.
Every...
Oil prices firm on concerns over Strait of Hormuz plans
By Stephanie Kelly LONDON, Aug 7 (Reuters) - Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it
South African clothing factories struggle after migrant workers flee
By Nellie Peyton and Thando Hlophe NEWCASTLE, South Africa, Aug 6 (Reuters) - Weeks after xenophobic protests drove thousands of migrant workers from South Africa, rows of sewing machines stood idle
Pick n Pay retrenchments stretched as retailer faces court
Pick n Pay's primary union, the South African Commercial, Catering and Allied Workers Union (SACCAWU), has dragged the retailer to the Labour Court, in...
