Lingering concerns about demand weakening on the back of a darkened economic outlook outweighed some positive economic data from China and the US
The SA workforce should look like the people who live in the country, not an enclave of a sensitive minority
KZN finance MEC Nomusa Dube-Ncube will replace Sihle Zikalala as premier, making her the first woman premier for the province
Internet giant’s offer of $61 a share for the Massachusetts-based company represents a premium of 22%
The ECB plans to rejig its corporate bond portfolio to favour issuers that pollute less.
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
International companies have been pulling out of Russia on the concern of being seen as supporting the Russian economy during the war in Ukraine
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
It is a U-turn for automakers, who had previously relied on suppliers – or their suppliers – to source semiconductors
Cosatu is still not convinced that unbundling Eskom is the only viable solution for the embattled state-owned company, even after meeting President Cyril Ramaphosa on Monday.
The federation met Ramaphosa and some ministers following countrywide protests last week against government’s plan to split Eskom into three separate entities: generation, transmission and distribution.
The president also said during his state of the nation address (Sona) recently that Eskom would be provided with financial support. Those details are expected to be announced when finance minister Tito Mboweni tables his budget on Wednesday.
The move to unbundle was met with anger by organised labour across the board, with fears that it would lead to mass job losses and privatisation. Cosatu, which is in alliance with the governing ANC, also complained of not being consulted about the decision.
Speaking to Business Day on Tuesday, Cosatu general secretary Bheki Ntshalintshali said: “We are not convinced that the...
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