South Africa’s rand is overvalued and has little chance of strengthening in the next year due to the policies of President Jacob Zuma’s “populist” government, according to the currency’s best forecaster for the past four quarters. Instead it may
Author: Agency Staff
Nintendo, which hasn’t yet thrown itself fully into the world of mobile gaming, is giving people a good idea of what a smartphone hit looks like with the success of Pokémon Go. The company has added more than US$7bn in market value since last
Communications Minister Faith Muthambi will attend a meeting at Luthuli House on Monday where she is expected to be told to take action against the SABC board, ANC communications sub-committee member Jackson Mthembu told the Sunday Times. Muthambi is part of the committee
Tannie Evita Bezuidenhout has poked fun at the ongoing censorship controversy at the SABC, congratulating the broadcaster’s Hlaudi Motsoeneng for keeping the news “nice and comfortable”. “No one quite knows what is going on; so what
The SABC on Sunday refused to confirm the veracity of a union report that the disciplinary hearings of suspended news journalists have been suspended – some indefinitely. “We do not comment on
South Africa’s state-owned power utility may ask the nation’s energy regulator for permission to raise prices more than allowed so it can recoup more than R40bn of non-budgeted expenses incurred over two years, an analyst at Rand Merchant Bank said.
The South African Reserve Bank has approved the Post Office’s first-level application for a banking licence for Postbank. The awarding of the licence means that the Postbank is closer to offering more than just savings accounts as it will
Strike action at the Independent Communications Authority of South Africa has stretched to a fifth day. Workers are demanding that they receive pay rises and bonuses back-dated to 2014 and a reversal or human resource policies, such a performance
The 16,9m people receiving welfare payments from South Africa’s government into bank accounts should have the right to choose between financial services companies, according to the country’s central bank. A contract awarded by the South
With less than four weeks to go until South Africa holds local government elections, the ANC continues to lag its main rival in three key municipalities that it currently controls, the latest eNCA public opinion survey shows. The ANC had the support