Nasdaq and S&P 500 see the biggest single-day gain in two weeks
Choice is between democratic openness and parasitical elites having their way
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Evraz is under sanctions by the UK and EU after Russia’s invasion of Ukraine
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Emergence from EU’s enhanced surveillance framework will allow the country greater freedom in making economic policy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Now more than ever, there are tangible reasons to believe that Africa’s time is now as major firms invest in African brands, from music and art to fashion
The Reserve Bank is confident commercial lenders are on top of their game in analysing the potential effect of the ANC’s land expropriation policy on their financial health, and there is no immediate plan to subject them to stress tests, governor Lesetja Kganyago says.
"It’s a conversation that’s going on among South Africans," Kganyago said in an interview with Business Day on Friday.
"We haven’t engaged with that conversation. It will be interesting if you expropriate property that’s bonded. What do you do with the liabilities? Hopefully the people engaged in this conversation are thinking about it," said Kganyago.
Land reform, thrust into the limelight on July 31, is one of the most contentious issues of Cyril Ramaphosa’s presidency, since he announced the ANC would seek to change the constitution to make explicit the conditions under which expropriation of land without compensation can take place. That spooked markets, sparking a fall in the rand, amid concern property rights br...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.