TeamSA to highlight structural reform efforts at Davos . At this year’s World Economic Forum (WEF), in Davos, Switzerland, TeamSA will present a picture of a country that, while facing many challenges, is moving forward and implementing serious structural re...

SAA in death throes as weekend deadline for its survival looms . South African Airways (SAA), the embattled national airline, seems to be in its death throes.

Although no official announcement has been made, indications are that government could finally jettison t...

SAB, AB InBev ahead of renewable energy target for 2020 . Brewery South African Breweries (SAB) and its parent company AB InBev Africa have announced that its breweries across South Africa will have on site solar facilities by the end of this month.

This fo...

Administrator sets out ambitious plan for 'broken' PRASA . Lifestyle audits, cashless ticketing, renegotiating Eskom tariffs and finalising the general overhaul tender are all on the to-do list for the newly appointed administrator of the Passenger Rail Agency...

Fire, explosion latest setback for Sasol’s LCCP . Integrated chemicals and energy company Sasol on Tuesday confirmed that there had been an explosion and fire at the low-density polyethylene (LDPE) unit at its Lake Charles Chemicals Project (LCCP), in...

Resist using Eskom as ‘political football’, Pityana says as he calls for ‘decisive action’ on economic reforms . Business Unity South Africa (Busa) president Sipho Pityana has cautioned against using the ongoing crisis at State-owned electricity producer Eskom as a “political football, as evidenced by the attack ...

Massmart mulls closure of up to 34 stores . Retail company Massmart on Monday revealed that it was considering closing up to 34 Dion-Wired and Masscash stores.

The group recently conducted a store optimisation project that identified a number ...

GDP growth likely to remain stunted . The chance of South Africa avoiding a downgrade by ratings agency Moody’s has diminished, which will reduce prospects for stronger economic growth, fiscal accommodation and a more supportive borrowing ...

Reserve Bank to keep repo rate at 6.5% on Jan 16 . South Africa's Reserve Bank will keep interest rates unchanged on Thursday as it awaits a February budget and a ratings review by Moody's due in the next few months, but will cut by 25 basis points in ...

Intellidex lowers GDP forecast for South Africa . Given the electricity supply challenges facing the country, Intellidex has cut the average gross domestic product (GDP) forecast for South Africa for 2022 to 2026 to 1.8%, compared with the previously ...