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Treasury says recession, falling revenue hurt public finances

Moody's warns of elevated government debt.

Solidarity to strike at Denel firm over pay

The state-owned company has not paid managers and specialists their full salaries in September.

EFF confident in deputy leader over VBS allegations

EFF leader, Julius Malema says he wants proof that Floyd Shivambu benefitted from the bank's failure.

SA could see rating uptick on reforms, Moody’s says

SA's credit rating could be upgraded if it implements structural reforms to raise economic growth and stabilise the nation’s debt burden, Moody's says.

Gigaba’s rules have really hurt my business

Families lose money, dream holidays turn into nightmares, tourists are going elsewhere.

Recession, falling revenue dent SA’s public finances – Treasury

Treasury questions its capacity to finance public services.

Attacq to build high-rise apartments and hotels at Waterfall City

Attacq has partnered with two Joburg-based private developers, Tricolt and Barrow Properties, on two separate developments totalling R2bn within this new precinct.

Five things making headlines in South Africa today

Pick n Pay, PSG results, Netflix growth forecast, Attacq has new development plans, Eskom's crisis deepens.

Eskom avoids power cuts

After some power generating units were brought back into service and it was able to use diesel generators and renewable energy sources.

Ramaphosa rejects report that he failed to stop looting at VBS bank

In a statement, the president's office said the allegation that Ramaphosa was informed of the looting at VBS and failed to take action was 'baseless and unsubstantiated'.

Eskom crisis deepens, load shedding narrowly averted

Govender resigns, money for salaries questioned.

Thousands strike in plastics sector

The workers, represented by Numsa are demanding the same rights as those in the engineering sector.

Five things making headlines in South Africa today

Adcorp and Balwin Properties results, Tsogo Sun disposes casino precinct, Steinhoff requests extension for LUA, Discovery divulges client information.

Pretoria High Court says banks are abusing the justice system

Banks are clogging the system by bringing cases to the high court that properly belong in the lower courts.

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