Consumer price inflation has breached the upper limit of the South African Reserve Bank’s target range by accelerating to 6,2% year on year in January 2016. The consensus forecast for headline CPI, which includes the volatile food and
Author: Agency Staff
Expect load shedding 20 hours every day if South Africa doesn’t build 20GW of new power stations within a decade, a nuclear energy proponent warned on Tuesday. “If we don’t come up with a strategy to build 20GW of coal or 20GW of
Telkom and Broadband Infraco are in talks over “possible collaboration” as government moves to minimise duplication between state-owned enterprises. Telecommunications & postal services minister Siyabonga Cwele said
MTN plans to compensate some of its one million customers who were hit by a network outage this week. The telecommunications operator said on Monday that it was experiencing connectivity issues that affected approximately one million voice
Digital payments business PayPal this week said it expects South Africans to spend more than R37bn online in 2016 as a high penetration of smartphones and cross-border shopping drive online spending. Mobile phones and tablets are expected
The economic crisis following President Jacob Zuma’s treasury debacle has finally brought about a convergence of government and business, former Nedbank chairman Reuel Khoza said on Tuesday
In order to cut government expenditure and save billions of rands, the size of the cabinet had to be reduced drastically, a tax expert from PricewaterhouseCoopers said on Tuesday. “To really
Cellular service provider Altech Autopage has pushed back its planned shutdown date, which was originally anticipated for the end of this month. On Friday, the Competition Tribunal approved the sale of Altech Autopage’s subscriber
Government says it hasn’t yet selected the “lead agent” for its R740m municipal broadband project, despite indications that Telkom could win the deal. At the 2015 state of the nation address, President Jacob Zuma said
The Competition Tribunal found on Thursday that a 2013 deal between the SABC and MultiChoice that would give the pay-television company the right to air two of the public broadcaster’s