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 ...

The real tax rate for middle-class households in South Africa is approximately 67% if one considers the cost of private services as a substitute for inadequate government options. Finance Minister ...

Hundreds of South Africans are waiting for the outcome of a R60 billion class lawsuit against South Africa’s major banks, alleging that they unlawfully repossessed their homes and resold them for well ...

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 ...

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 ...

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 ...

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 ...

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 ...

The CEOs of South Africa’s state-owned enterprises that report to the Mineral and Petroleum Resources Department are paid between R933,000 and R6 million annually. Mineral and Petroleum Resources ...

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 ...