CAPE TOWN – Good morning. This is all the latest business news that you need to know today.
South Africa’s commercial hub of Gauteng filed the most complaints against tax collection agency the SA Revenue Service (Sars) during the 2017/2018 period.
The continuing uncertainty over Finance Minister Nhlanhla Nene yesterday rocked the country’s markets, with government bonds and the rand taking the biggest hit over his future.
Production at the Durban manufacturing plant of Toyota South Africa Motors (TSAM) has been halted by a strike by about 4 000 members of the National Union of Metalworkers of South Africa (Numsa), largely over transformation issues.
Eskom's subsidiary Eskom Rotek Industries, Johnny Dladla, has tendered his resignation and will leave Eskom at the end of the month, spokesperson Khulu Phasiwe announced on Monday.
The $4.5 trillion slumps in emerging market equities has dealt the worst blow to South Africa, dragging the valuation of its benchmark index to the lowest level since the Taper Tantrum.
The International Monetary Fund on Tuesday cut South Africa’s economic growth forecasts for this year and next, as it urged implementation of reforms to improve policy certainty and the efficiency of state-owned companies.
Avon South Africa has launched its first exclusive beauty pop-up store last week in Sandton City Shopping Centre.
BUSINESS REPORT ONLINE