South Africa’s rand strengthened more than 4 percent in early trade on Monday, extending overnight gains after President Jacob Zuma named Pravin Gordhan as the new finance minister. Zuma late on Sunday restored a widely respected Gordhan to...
Failure to get the R22.8bn Eskom wants to recover in its application to the National Energy Regulator of South Africa (Nersa) will weaken the power utility’s balance sheet and worsen its financial ratios, Eskom finance director Anoj Singh...
The Black Industrialist Programme (BIP) will boost transformation and provide impetus towards job creation and industrialisation in the current fragile economic climate, according to PwC. “There is a compelling need to increase the number of black...
The Competition Commission of South Africa on Thursday confirmed it had issued a R64.1 million fine to construction giant Murray & Roberts for its involvement in sector collusion related to construction projects for the 2010 World Cup....
