Business
Fitch upgrades South Africa for first time in over 20 years
South Africa has received a significant boost from global credit rating agency Fitch Ratings, which has upgraded the country’s long-term foreign and local currency...
Mr Price expands store network as profits cross R6bn mark
Mr Price group has reported solid annual financial performance amid volatile trading environment and pressure on consumer spending.
The group increased total revenue by 4.2%...
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...
