South Africa should brace for ‘toughest budget since 1994’, says PwC . As the 2020 National Budget approaches, consumers should expect to tighten their belts further, particularly with a continued fiscal drag set to be on the horizon amid a continuing economic slowdown, s...

Business urges Ramaphosa to use SoNA to clear way for private energy generation ‘at scale’ . Organised business has urged President Cyril Ramaphosa to use his upcoming State of the Nation Address (SoNA) to announce that the regulations needed to enable “private sector energy generation at scal...

Patel asked to brief lawmakers on government’s response to ongoing steel job cuts . The opposition Democratic Alliance (DA) has written a letter to Trade and Industry Minister Ebrahim Patel calling on him to brief lawmakers about developments at steel group ArcelorMittal South Africa ...

PwC says downside scenario playing out for Ramaphosa term . PricewaterhouseCoopers (PwC) says President Cyril Ramaphosa has not fully lived up to expectations on any of the positive scenarios envisioned by the consultancy two years ago.

Instead, PwC’s “coming...

SAA business rescue team defends plan to cut airline’s routes . Administrators for South Africa’s loss-making State airline have defended their decision to cut routes as part of a turnaround plan, after objections from President Cyril Ramaphosa, government and labo...

Eskom loses R69bn urgent-relief battle, but war continues . Judge Jody Kollapen on Monday turned down Eskom’s application for urgent relief in relation to the National Energy Regulator of South Africa’s (Nersa’s) controversial treatment, in its most recent tari...

Mining sector found to be highly exposed to water risks . The mining sector has come out tops as the industry most likely to be affected most by the world’s worsening water crises, and South Africa’s mining sector is not immune.

The World Wide Fund for Natu...

Regional airline SA Express objects to business rescue ruling by court . State-owned regional airline SA Express has reacted strongly to the ruling by the Johannesburg High Court on Thursday that it be placed in business rescue. The airline stated in a press release on Frid...

Consortium makes Richards Bay gas-to-power proposal in response to DMRE’s call for emergency solutions . A black-empowered consortium that includes companies with extensive gas-to-power experience has made a formal submission to the Department of Mineral Resources and Energy (DMRE) in which plans for powe...