Cyril Ramaphosa says Reserve Bank mandate will not change

Ramaphosa's comments follow confusion about the ANC’s stance on the mandate and ownership of the Reserve Bank in the past few weeks

3 hours ago
WATCH | Santam experts discuss the rise in professional indemnity claims

SPONSORED | A panel of experts from Santam debates the increase in the number of professional indemnity claims

There will be more support for black farmers, Cyril Ramaphosa promises

Ramaphosa says over the medium-term budget period, R3.9bn has been allocated to the Land Bank to support black commercial farmers

3 hours ago
State is committed to building SA with ‘no place for corruption’, Cyril Ramaphosa says

The president says NDPP Shamila Batohi has been asked to ‘develop a plan to significantly increase the capacity and effectiveness of the NPA, including to ...

3 hours ago
Spectrum licensing will begin within next month, says Cyril Ramaphosa in Sona

The president also called on the telecoms industry to further bring down the cost of data so that it is in line with other countries in the world

2 hours ago
Implementation of economic reform is a job for right now, Cyril Ramaphosa tells SA

The president says the private sector has committed to investing R840bn in 43 projects over 19 sectors, and creating 155,000 jobs in the next five years

2 hours ago
Group Five shareholders ‘unlikely’ to get anything back

At the end of February, Group Five’s liabilities exceeded its assets by R1.3bn

9 hours ago
Moyo firm puts Old Mutual on notice after CEO firing

Investment company NMT Capital says it might be best for the two firms to review their shareholder relationship

Boris Johnson and Jeremy Hunt vie for British top job

The rise of Alexander Boris de Pfeffel Johnson to pole position for leading the world's fifth-largest economy  is the grandest twist so far in Brexit saga

3 hours ago
Slack stock surges 60% as messaging app debuts on NYSE

Analyst warns the company will have to do ‘an awful lot to get its fundamentals to justify $25bn valuation’

3 hours ago
Zuma doesn’t get questions before taking the stand, says Zondo commission

The commission, tired of Jacob Zuma’s demands and dilly-dallying, might have to issue subpoena to force the former president to testify

7 hours ago
Are investors making up their own minds about Steinhoff?

Despite a 339-page report, Deloitte is unable to make an audit opinion for the firm for 2018 — and gets well paid for doing so

5 hours ago
Peregrine performance fees fall 65%

Wealth and asset manager grapples with reduced deal-flow in depressed business environment

4 hours ago
Gold miners shine as bullion pushes to a five-year high

Though JSE-listed gold miners are the second-best performing index so far in 2019, domestic headwinds for the industry persist

5 hours ago
MARKET WRAP: JSE closes higher as rate-cut rhetoric boosts global stocks

Pressure on the dollar provided a fillip to the rand, which reached its best level in a month, with gold miners jumping 5.98%

5 hours ago
Up to six firms bid for South32’s SA Energy Coal assets

Seriti Resources and a Mercuria-led consortium are among the bidders, with South32 saying it expects binding bids by June 30

6 hours ago

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.

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Ramaphosa outlines early bailout relief for Eskom

Carol Paton and Genevieve Quintal

Presidency-led initiative intends to create two-million jobs for young people over next 10 years

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Solar power investment surges to record $9.8bn in Africa

Bekezela Phakathi

France-based energy think-tank says investment in renewable energy in SA continues to grow

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AfDB under pressure to pull out of Grand Inga project

Bekezela Phakathi

Hydropower initiative will displace thousands near the Congo River in the DRC and will come at a huge cost to South Africans, say environmental groups

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Are investors making up their own minds about Steinhoff?

Despite a 339-page report, Deloitte is unable to make an audit opinion for the firm for 2018 — and gets well paid for doing so

Read More


views & analysis

An optimistic take on SA from the Emerald Isle

10 years ago, Ireland was pretty much where SA is today, which means there is hope — with support from the government and an eye on innovation, writes Fred Klinkenberg

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PETER BRUCE: Be dull, Mr President, avoid new ideas — and empathise

The state of the nation address is not the place to say how Eskom will be fixed, and whatever you say will be criticised

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Ramaphosa’s vision needs to be wider than just attracting foreign investment

Unless the government regulates the economy effectively, it will generate growth that accrues disproportionately to those with wealth and power

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