Investors see South Africa cutting rates again after GDP plunge . Investors have upped bets on more interest rate cuts by South Africa's central bank after a historic contraction in the economy during the second quarter, when coronavirus lockdown measures curtailed a...

ANC in Parliament won't support call for ad hoc committee to investigate Covid-19 corruption . The African National Congress's (ANC's) parliamentary caucus will not support the call for an ad hoc committee to investigate Covid-19 corruption - instead it's calling on committees to strengthen thei...

Covid-19 TERS payments extended until September 15 . Following negotiations at the National Economic Development and Labour Council and the signing of the direction to that effect by Employment and Labour Minister Thulas Nxesi, the Covid-19 Temporary Emp...

South African economy contracts 51% q/q in Q2 . South Africa’s gross domestic product (GDP) contracted by 51.0% quarter on quarter in the second quarter of 2020, the fourth contraction in a row, data from the statistics agency showed on Tuesday.

G...

Clicks hair advert: senior exec resigns, TRESemmé to be removed from shelves, employees suspended . The Clicks retail group said on Tuesday that it would delist the TRESemmé brand, expand its range of local haircare products and work with the government to develop the local beauty market.

It has a...

BLSA implores govt to take on energy, spectrum policy with equal urgency as pandemic . In her latest weekly newsletter, Business Leadership South Africa (BLSA) CEO Busi Mavuso questions why government could implement “urgent” policies for the Covid-19 crisis, but not for energy or spectr...

Clicks workers 'unfortunate collateral' - EFF's Floyd Shivambu vows to protest the whole week . Economic Freedom Fighters (EFF) deputy president Floyd Shivambu says Clicks workers are "unfortunate collateral" in the party's protest action against the retail chain.

Speaking outside a Clicks stor...

Ramaphosa announces three Bills in the fight against gender-based violence . South Africa is on the cusp of the most far-reaching legislative overhaul in the fight against gender-based violence (GBV) and femicide, according to President Cyril Ramaphosa, in his weekly address to...

SA's Eskom suspends managers over power station breakdowns . South Africa's Eskom said on Friday it had suspended managers at two of its power stations after breakdowns which forced the utility to ramp up rolling blackouts earlier this week to avoid tripping the...

AG asks law enforcement agencies to act on grant fraud . Auditor-General Kimi Makwetu on Friday said his office would next week hand data over to law enforcement agencies to set in motion the investigation and, where needed, prosecution of those who unlawful...