Former Steinhoff CEO Markus Jooste's trial begins, former ANC cabinet member and tourism minister Derek Hanekom appointed interim SAA chair, and on the markets a stronger dollar.
Finance Minister Enoch Godongwana says South Africa will not fall into a recession this year and there will be no more bailouts for Eskom, the mushroom industry the latest casualty of load shedding, and some important figures out this week.
President Ramaphosa sets his sights on R2 trillion worth of investment in the economy in the next five years, and Eskom’s biggest union demands a 15% pay hike as outages worsen.
Two more provisional liquidation orders served against the Post Office, economists say South Africa is in a recession, and Investec's chief executive officer reports that investors are acutely concerned about a potential coalition between the ANC and the EFF.
The IMF cuts its growth expectations placing SA as the weakest nation on the list, vandalism causes huge losses for Ford, and speaking in Washington, the Reserve Bank Governor calls for sweeping reforms to SA's macroeconomic policies
Is South Africa on the course of a "political blunder of epic proportions? Seven pylons collapse over the weekend plunging parts of Tshwane into darkness, and the SA Post Office faces liquidation.
An embarrassing climb down for government over the electricity state of disaster and that Eskom exemption issue, and, Northam Platinum terminates its offer to buy out Royal Bafokeng platinum.
Load shedding is here to stay, the Black Business Council requests a meeting with Enoch Godongwana over Eskom exemption, and a diesel and unleaded petrol price drop today.
The rand jumps as interest rates are raised by 50bps, Eskom considers buying electricity from a Karpowership located offshore Mozambique, and Andre de Ruyter has agreed to appear before parliament’s watchdog standing committee on public accounts.
Germany's GMBH to start developing hybrid power plants in SA, Shoprite launches its first stand-alone clothing store, and the question on everyone's lips - will there be another interest rate hike?
Ramaphosa asks Transnet for a logistics plan, Pravin Gordhan heading to China, and the Competition Commission launches a probe into price increases on essential food items.
Transnet's iron or line in Saldanha Bay forced to shut down, the controversial Tottenham Hotspur deal is scrapped, and the Reserve Bank to meet this week.
Cell C CEO resigns, blackouts have drastically reduced the potential size of South Africa’s economy, and the Consumer Confidence Index plunges to its third lowest level since 1994. (Chris Buchanan was standing in for Chris Gibbons)
BP to exit all aviation activities in SA, analysts and investors ponder the takeover of Credit Suisse, and the Federal Reserve Bank to make interest rate announcement today.
The assassination of Bosasa's Cloete Murray and his son Thomas has the business community aghast, and UBS buys Credit Suisse in a bid to halt the banking crisis.
The Reserve Bank may keep interest rates higher for longer, the dust is still settling in the public sector wage strike, and troubled banks dominate international headlines.
17 Mar 2023
2 min
620 – 640
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