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5 days ago
SAA's troubles escalate
SAA's troubles escalate
Companies

The financial hole at national carrier South African Airways is R1 billion deeper than revealed last week.

5 days ago
Edcon taken over by creditors
Edcon taken over by creditors
Companies

The ailing clothing retailer has been taken over by its creditors following a $1.5 billion debt-to-equity swop.

5 days ago
Sechaba ka’Nkosi: Our internal quibbles send wrong signal
Sechaba ka’Nkosi: Our internal quibbles send wrong signal
Opinion

Moody’s is by far the most dovish of the ratings agencies that continue to circle South Africa, writes Sechaba ka’Nkosi.

5 days ago
Once-off transactions prove costly for Remgro
Once-off transactions prove costly for Remgro
Companies

Remgro’s earnings for the year to June were down 26.4% mainly as a result of once-off transaction costs of R788m incurred ...

5 days ago
Rand gains after remarks by Moody’s
Rand gains after remarks by Moody’s
Currencies

Ratings agency Moody’s has reduced the possibility of a credit downgrade for SA in November to less than 50 percent.

5 days ago
SA’s Shanduka sells McDonald's franchise
SA’s Shanduka sells McDonald's franchise
Companies

Shanduka Group offloads South African operations of hamburger chain McDonald’s to a Middle Eastern company.

5 days ago
High-speed internet for all in 4 years - govt
High-speed internet for all in 4 years - govt
Business News

South Africa’s government wants the entire country to have access to high-speed internet within the next four years.

5 days ago
Futuregrowth seeks ‘right side of history’ on coal
Futuregrowth seeks ‘right side of history’ on coal
Business News

Futuregrowth won’t participate in the funding of coal-fired power generation until the industry develops sustainable methods of operation.

5 days ago
Gidani loses bid to appeal Lotto case
Gidani loses bid to appeal Lotto case
Companies

Gidani (Pty) Ltd has been refused leave to appeal against the decision to award the third national lottery licence to the ...