The financial hole at national carrier South African Airways is R1 billion deeper than revealed last week.
The ailing clothing retailer has been taken over by its creditors following a $1.5 billion debt-to-equity swop.
Moody’s is by far the most dovish of the ratings agencies that continue to circle South Africa, writes Sechaba ka’Nkosi.
Remgro’s earnings for the year to June were down 26.4% mainly as a result of once-off transaction costs of R788m incurred ...
Ratings agency Moody’s has reduced the possibility of a credit downgrade for SA in November to less than 50 percent.
Shanduka Group offloads South African operations of hamburger chain McDonald’s to a Middle Eastern company.
South Africa’s government wants the entire country to have access to high-speed internet within the next four years.
Futuregrowth won’t participate in the funding of coal-fired power generation until the industry develops sustainable methods of operation.
Gidani (Pty) Ltd has been refused leave to appeal against the decision to award the third national lottery licence to the ...