BP, hit hard by the coronavirus pandemic slashing demand for oil, announced the sale of its petrochemical business to privately-owned rival Ineos for $5.0 billion.
Posted: June 30, 2020, 3:16 pm
The IMF has released two new publications that provide additional insights on prospects for economic recovery, says Isaah Mhlanga.
Posted: June 30, 2020, 3:14 pm
Former Prasa chairperson, Popo Molefe, has said the director of Swifambo Rail Leasing revealed that his company made payments to someone who needed money for 'the movement'.
Posted: June 30, 2020, 2:44 pm
Comair's business rescue practitioners have obtained another extension to deliver the airline's business rescue plan.
Posted: June 30, 2020, 2:17 pm
South Africa's economy contracted by 2.0% in the first quarter of 2020, says Statistics South Africa.
Posted: June 30, 2020, 1:33 pm
Transnet says 20 employees from the Durban Container Terminal have volunteered to be deployed to the port to speed up the rate at which ships can berth.
Posted: June 30, 2020, 11:29 am
South African Motorists will again be paying R1.72 per litre more for the most popular grade of petrol from Wednesday
Posted: June 30, 2020, 10:31 am
Gold headed for the biggest quarterly advance since 2016 amid a surge in demand for haven assets due to the ongoing coronavirus outbreak, which shows no signs of abating.
Posted: June 30, 2020, 9:07 am
Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to $22 billion due to coronavirus and collapsing oil prices, it announced Tuesday.
Posted: June 30, 2020, 8:25 am
On Monday Nissan blasted media reports which suggested there was a company conspiracy to oust former chairperson Carlos Ghosn.
Posted: June 29, 2020, 10:44 am
The former owner of Sunday Times says because of its shrinking size, it no longer makes sense to remain listed on the JSE.
Posted: June 27, 2020, 11:14 am
BATSA says it's government causing delays in the hearing of its case, and government says it's BATSA.
Posted: June 26, 2020, 5:14 pm
How are balloon payments still relevant in an environment where consumers are more financially stretched due to the consequences of the Covid-19 pandemic?
Posted: June 26, 2020, 5:00 pm
Sitho Mdlalose will serve as interim CFO from 1 July until Vodacom announces a permanent candidate.
Posted: June 26, 2020, 3:54 pm
If government reins in public spending and collects more taxes, it could see public debt as a percentage of GDP begin to decline by 2023/24. But Moody's is skeptical.
Posted: June 26, 2020, 6:43 am
Posted: June 25, 2020, 9:05 pm
Environmental activists are taking Standard Bank to task about its association and financial support for fossil fuel projects.
Posted: June 24, 2020, 8:57 pm
The Africa-wide free-trade agreement is unlikely to face any further delays even if a second wave of coronavirus infections hits the region, according to the deal’s top official.
Posted: June 24, 2020, 10:58 am
The South African government plans to retain a minority shareholding in South African Airways, while ceding management control to its investors, an official said.
Posted: June 24, 2020, 10:16 am
British Prime Minister Boris Johnson said a deal could be sealed in July with “a bit of oomph,” but European officials see no way through the Brexit deadlock.
Posted: June 24, 2020, 6:48 am