Business
City of Cape Town’s proposed sale of CTICC raises opposition’s ire
The Cape Town International Convention Centre (CTICC) would be better positioned to grow its market share and attract more international events if ownership were...
Did the Reserve Bank just make a serious economic mistake?
The South African Reserve Bank’s 25 basis point interest rate increase on Thursday might satisfy inflation hawks and monetary purists but for millions of...
Lower-cost power for smelter
Energy regulator Nersa has approved an interim discounted power tariff for struggling ferrochrome producers Samancor Chrome and a joint venture between Glencore and Merafe...
Middle East conflict drags global air travel demand into decline
The conflict in the Middle East dealt a significant blow to the global aviation industry in April, with worldwide passenger demand falling by 3.4%...
Measure B-BBEE outcomes to ensure inclusive economic growth
South Africa’s broad-based black economic empowerment (B-BBEE) framework must be critically and honestly reviewed to build on its past successes and speed-up its vital...
Failure to qualify for World Cup for a third time puts...
Italy’s absence from the upcoming Fifa World Cup is expected to come at a heavy cost for the country’s economy.
The tournament kicks off in...
Oil falls on hopes for US-Iran ceasefire agreement
Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the US,...
S&P affirms South Africa’s credit rating, maintains positive outlook
South Africa has received a vote of confidence from S&P Global Ratings, which has affirmed the country’s long-term foreign currency sovereign credit rating at...
SARS clarifies implementation of China zero‑tariff export scheme
The South African Revenue Service has confirmed the finalisation of the legal and operational framework needed to administer China’s zero‑tariff export scheme, marking a...
Oil prices fall 2% as market awaits possible US-Iran ceasefire deal
Oil futures fell more than 2% on Friday and were on track for their steepest weekly decline since early April after reports that the...
