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FIN 24 – Economy News

News from across the globe, including equities, currencies, commodities and bonds.

, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24 Economy

In a short statement issued on Friday, Minister Pravin Gordhan said that a complaint had been laid against Kgothatso Tlhakudi with the Public Service Commission.
Posted: June 24, 2022, 7:10 pm
Eskom will implement stage 4 load shedding from 11am on Friday until midnight, and again on Saturday and Sunday from 5am until midnight, amid ongoing unprotected labour action, it said in a statement on Friday.
Posted: June 24, 2022, 7:10 pm
Eskom has been granted an interdict to stop the illegal strike action at some of its power stations, which has contributed to escalating load shedding.
Posted: June 24, 2022, 7:08 pm
Sinovac Biotech’s Coronavac Covid-19 vaccine has been registered for use in South Africa, the national health products regulator said.
Posted: June 24, 2022, 6:57 pm
South African municipalities spent R5.3 billion in the past five years on consultants. A whopping 70% of them used these consultants every single year.
Posted: June 24, 2022, 4:41 pm
Switching off the analogue broadcasting signal was initially envisaged to be concluded in time for the 2010 FIFA World Cup tournament but the process has been marred delays.
Posted: June 24, 2022, 4:03 pm
Eskom's credit risk is soaring as South Africa’s state-owned electricity supplier girds for a battle with labour unions over wage demands it can’t afford.
Posted: June 24, 2022, 12:43 pm
Power utility Eskom warned on Friday morning that if protests at nine of its power stations and facilities continue, it increases the risk of higher stages of load shedding.
Posted: June 24, 2022, 7:22 am
The Commission for Employment Equity's latest report highlighted the importance of additional training for those responsible for responding to workplace discrimination and harassment.
Posted: June 23, 2022, 8:00 pm
A top Treasury official in the US government says that support for SA's COP26 green finance deal rests solely on SA achieving reduced emissions.
Posted: June 23, 2022, 7:15 pm
Oil erased a second consecutive sharp decline as wider markets continue to price in the risks of a global economic slowdown.
Posted: June 23, 2022, 5:30 pm
Applications for unemployment insurance in the US last week plateaued near a five-month high, suggesting tightness in the labour market may be starting to ease.
Posted: June 23, 2022, 5:15 pm
Macau tightened social distancing restrictions on Thursday — closing almost everything except casinos — as the Chinese gambling hub embarked on another round of citywide testing to battle a Covid-19 outbreak.
Posted: June 23, 2022, 5:15 pm
The annual General Household Survey released on Thursday reveals what happened to SA households during Covid-19. Grade R attendance dropped drastically, hunger increased and more people depended on social grants
Posted: June 23, 2022, 5:00 pm
Sri Lanka's parliament has cancelled its remaining sittings for the week to save fuel, officials said Thursday, with a disastrous economic crisis rapidly depleting the island nation's already scarce petrol supplies.
Posted: June 23, 2022, 5:00 pm
Two security guards contracted to Eskom, as well as a taxi driver, were arrested at the weekend after allegedly being caught with a minibus taxi full of copper cable at an Eskom warehouse in Germiston.
Posted: June 23, 2022, 4:31 pm
The Black Sash has launched a court application to overturn regulations that stipulate that anyone with an income of more than R350 may not receive the R350 grant. The means test will exclude millions of poor people, it said on Thursday
Posted: June 23, 2022, 4:16 pm
Eskom has selected 18 companies that it will lease land to, for the development of renewable energy projects.
Posted: June 23, 2022, 3:38 pm
Cabinet has approved the publication of a draft strategy to formalise and transform South Africa’s game meat market.
Posted: June 23, 2022, 2:05 pm
The Department of Employment and Labour's Commission for Employment Equity report launch was hijacked virtually by hecklers shouting slurs and insults.
Posted: June 23, 2022, 11:51 am
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