Cyril Ramaphosa

Eskom chairman calls its quits, electricity rationing resumes

Eskom on Friday announced that its group chairman, Jabu Mabuza has tendered his resignation just after a week into renewed electricity rationing, as the utility failed to keep the lights on.

Soweto's humble Property Giant, Richard Maponya praised for Township Development

Business icon Richard Maponya, who died early on Monday, has been praised for establishing Soweto's mega R650m Maponya Mall that opened in 2007. It was the first investment of its size in a township in South Africa.

Rand strengthens on Fed's chair remarks, Kganyago reappointment

The Rand firmed on Wednesday as the dollar weakened after U.S. Federal Reserve Chairman Jerome Powell highlighted risks to the U.S. economy in remarks that could bolster expectations of an interest rate cut later this month.

New Cabinet — The Last Gleam of Hope

President Cyril Ramaphosa on Wednesday announced the new Cabinet, a move that has been much anticipated by the South African property sector seeking growth in the country.

Presidential Advisory Panel finalizing report on Land Reform

The Expert Advisory Panel on Land Reform is currently finalizing its report for consideration by the Inter-Ministerial Committee and the Presidency.

Nissan to spend R3 billion equipping its local plant

Nissan SA will invest R3 billion equipping its local plant to build the Japanese carmaker's new Navara model, the company said on Wednesday.

Statistics on who invests in South Africa

South Africa retains great lustre and appeal as a foreign direct investment (FDI) location — but who are the biggest foreign investors and how can government get some of the action?

Government may consider selling Eskom

The South African government will soon debate whether to split up state power firm Eskom to make it financially viable, Public Enterprises Minister Pravin Gordhan said on Tuesday.

South Africa raises over R98 billion in FDI

As economic growth slows and global trade tensions continue, Foreign Direct Investment (FDI) into South Africa grew by over 400% to R98.6 billion ($7.1 billion) last year.

SA's recession over ahead 2019 polls

GDP growth in South Africa recovered to 2.2 percent in the three months through September compared with a revised 0.4% contraction in the prior quarter, Stats SA announced on Tuesday morning at a briefing in Pretoria.

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