Reserve Bank to cut repo rate . The South African Reserve Bank's monetary policy committee has unanimously voted to reduce the repo rate from 6.5% to 6.25%. As a result of the cut the prime rate will fall to 9.75%.

The repo rate is...

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...

Tally in fraud case against Gumede and co-accused rises to R389m . The amount involved in the alleged fraud and corruption perpetrated by former eThekwini mayor Zandile Gumede and her co-accused in a Durban Solid Waste (DSW) tender has risen to R389-million, a Durban ...

Dept confirms resignation of remaining nuclear board members . The Department of Mineral Resources and Energy has confirmed the resignation of the remaining members of the Board of the Nuclear Energy Corporation of South Africa (Necsa).

Earlier on Wednesday Mini...

Eskom warns of collapse without higher tariffs as it faces regulator in court . Eskom says if it is not granted tariff increases it wants from March this year, its finances might collapse, triggering a national crisis, as both the State’s credit ratings and consumers’ well-being w...

Ramaphosa lauds 'true patriot' Richard Maponya at funeral . President Cyril Ramaphosa lauded businessman Richard Maponya for being a true patriot while addressing mourners at the funeral of the entrepreneur on Tuesday.

"Richard Pelwana Maponya was the most de...

'Where is ubuntu in all of this?' – Zuma summons application postponed at Zondo commission . State capture inquiry chairperson Deputy Chief Justice Raymond Zondo has postponed an application for a summons to be issued on former president Jacob Zuma to appear before the commission between Janua...

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 ...

NUM calls for Eskom’s board to be disbanded . Labour union, the National Union of Mineworkers (NUM) has reiterated its call for the entire Eskom board to be disbanded and replaced by “competent men and women who will place the interests of the cou...

Parliament cautions Malema on 'irresponsible' threat to disrupt parliament . Parliament's presiding officers have cautioned against public threats made by members to disrupt the house.

The caution was issued via a statement by National Assembly speaker Thandi Modise and the N...