Strong growth in Nigeria supports MTN Group's interim performance. Telecommunications giant MTN reported solid interim financial results on the back of strong growth in Nigeria. For the six months ended June 30, the group's service revenue expanded by 9.7% to R67.9-b...

PRASA War Room to be operational next week. The Passenger Rail Agency of South Africa's (PRASA's) War Room will be fully operational from August 12, Transport Minister Fikile Mbalula promised on Thursday. In officiating the launch of the war ro...

Business confidence remains low. The South African Chamber of Commerce and Industry's (Sacci's) Business Confidence Index (BCI) for July declined by 1.3 index points month-on-month to 92. The BCI was also lower than the 94.7 index po...

Fuel Economy Tour to crown real-life fuel consumption winners. WesBank and First National Bank have joined forces to sponsor a Fuel Economy Tour of South Africa. The WesBank Fuel Economy Tour, for standard production passenger cars and light commercial vehicles, ...

Demand sags at record South African bond sale to help fund Eskom. Demand at South Africa's weekly bond auction fell after the country raised issuance to a record, partly to fund the rescue of troubled State-owned company Eskom Holdings. Traders placed 10.3-billion rand ...

Africa wants one trade deal with the US, the US wants many. The US and Africa have different views on their future trade relationship when a preferential access deal expires in 2025. US Assistant Secretary of State for African Affairs Tibor Nagy said in an int...

Three scenarios for EV uptake in SA; spark missing for the best one, says Jaguar. There are three possible scenarios for electric vehicle (EV) uptake in South Africa, says Jaguar Land Rover South Africa (JLRSA) dealer network director and electrification project leader Brian Hastie....

Cape Town construction industry calls for changes to city's tender processes. The construction industry in Cape Town, already under immense economic strain, is facing the continuing disintegration of the city's tendering and procurement processes, says the Western Cape Property ...

Cost of motoring continues to rise, says WesBank. Despite July's interest rate cut, the cost of motoring continues to rise steadily, says WesBank. WesBank's Mobility Calculator, a tool used to track and calculate motoring expense, has risen to R7 851...

Public transport subsidy policy to go to Cabinet at end of 2020. Future of Transport (FOT) Consulting expects the new policy on South Africa's public transport subsidy regime to be finalised and presented to Cabinet for approval by the end of 2020. FOT Consulting s...