Tuesday, November 12, 2019
When Nelson Mandela came to power in 1994, he faced the challenge of uniting a nation divided by apartheid and healing an economy shattered by sanctions and mismanagement.A quarter of a century later, his one-time protege Cyril Ramaphosa faces...
JOHANNESBURG - Moody’s left South Africa on the brink of “junk” status on Friday after it revised the outlook on the country’s last investment-grade credit rating to “negative,” piling pressure on President Cyril Ramaphosa to quicken the pace of...
The industry behind the herbal tea rooibos has agreed to pay a percentage of the money that is made to the indigenous people who used the plant before production was industrialised.South Africa's KhoiSan people will now receive 1.5% of...
JOHANNESBURG – Sasol shares soared 15 percent after joint chief executives Bongani Nqwababa and Stephen Cornell quit yesterday amid the release of the board’s review of the ballooning costs and delays at the US-based Lake Charles Chemicals Project (LCCP). Sasol’s share...
Tickets to see the Springboks play England in the Rugby World Cup final are available – but not cheap. Offers on ticket reselling services start at R6,000 for poor seats, and more than R40,000 for better spots. That...
The City of Johannesburg reported a breach of its network on Thursday night and shut down its website and all e-services, hours after receiving a bitcoin ransom note from a group called the Shadow Kill Hackers.The hack occurred at...
South African President Cyril Ramaphosa said on Monday that the government will soon announce a permanent CEO for state-run Eskom, after the struggling power utility reintroduced rolling blackouts last week. The crisis-hit utility, which produces more than 90% of South...
JOHANNESBURG – Black-owned diversified commodities business group Lurco has made a R500 million bid for Koornfontein Mine, one of the entities linked to the controversial Gupta family.Group chief executive Ellington Nxumalo on Monday told Business Report that Lurco had received...
Comair, the operator of Kulula.com and British Airways in SA, has warned of possible disruptions to its flights. An audit of its maintenance provider, SAA Technical, came back with "irregular findings", the airline says – and affected planes...
Samsung Electronics Co. said it will issue a software update early next week to address a major security vulnerability that’s emerged on the company’s flagship Galaxy smartphones, the latest technological mishap for the world’s largest smartphone maker. Consumers noticed in...
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