Business

Mozambique tightens grip on mining with 15% state stake rule, local...

Mozambique's President Daniel Chapo has signed a new law requiring 15% state ownership in all mining ventures and local processing of minerals, tightening control...

Canal+ targets lower DStv subscriptions through bundled streaming

Cash-strapped DStv subscribers could soon see some relief as Canal+ moves to reduce monthly subscription costs. The French media giant, which now owns MultiChoice, is...

‘They want to hire temps via backdoor’: NUM cries foul as...

The National Union of Mineworkers (NUM) is accusing Bakubung Platinum Mine of introducing temporary workers through the backdoor at the expense of permanent employees. This...

Pick n Pay halts retrenchments of over 22K workers after state...

Retail giant Pick n Pay has temporarily halted mass retrenchment processes after a meeting with Minister of Employment and Labour Nomakhosazana Meth on Wednesday. The...

FlySafair cuts fuel surcharge as jet fuel prices ease

Low-cost domestic airline FlySafair has announced a cut to its dynamic fuel surcharge, dropping it to below the 40% peak reached in late March. The...

Bakubung Plantinum Mine to retrench nearly 500 employees

Bakubung Platinum Mine has begun a formal retrenchment process that could affect close to 500 employees across the business. Owned by Wesizwe Platinum, which is...

Impact of AI on South Africa’s youth unemployment

South Africa is facing a growing debate over the impact of artificial intelligence on employment, as experts warn that automation could reshape industries in...

Ghana says Africa debt is ‘mispriced’, targets investment-grade rating

Ghana's president and finance minister said on Wednesday that African debt was "mispriced" and there needed to be faster and fairer restructuring tools, adding...

Nedbank rolls out AI-powered quick loans to widen credit access

Nedbank has partnered with fintech firm JUMO for a new digital lending solution aimed at expanding access to short-term credit, particularly for consumers who...

TEFLA welcomes High Court ruling against Working on Fire urgent interdict

After being taken to court by the rival company, TEFLA Group emerged victorious when Judge Sulet Potterill of the North Gauteng High Court in...