One decision that will push the ratings agencies to downgrade South Africa to “junk status” is the approval of the nuclear procurement programme, according to emerging markets economist Peter Montalto of Nomura. South Africa is currently placed one notch
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South African Reserve Bank (Sarb) governor Lesetja Kganyago has announced an expected 25 basis point hike in interest rates to 7% to help keep inflation in check. This was after the Sarb’s monetary policy committee decided to hike the repo rate by 50
Offbeat British comedian and actor Sacha Baron Cohen is promoting his new movie by mimicking Apple chief design officer Jony Ive and cocking a snook at Apple keynote addresses. Cohen uses the YouTube video to introduce his latest
The ongoing controversy between President Jacob Zuma and the Gupta family is a betrayal of South Africans’ trust, Corruption Watch said on Thursday. The organisation called for an immediate investigation into allegations that the Gupta family had offered
Google has emerged as the most attractive employer among professionals in the technology and engineering sector, according to a new survey. Students, meanwhile, rate Transnet tops in the same sector. Employer branding company
Netflix announced in January that it would begin cracking down on virtual private networking services and other tools that people around the world have used to access the US version of the video-on-demand streaming service. Now Steven
Deputy finance minister Mcebisi Jonas said he could no longer remain quiet about the Gupta family offering him the top job in the ministry. Jonas on Wednesday confirmed he was offered the job of finance minister before Nhlanhla Nene was removed
South Africa needs to be an extremely favourable investment destination if it wants to rescue the ailing economy and prevent it from reaching junk status, according to Chris Hart. A downgrade is likely on the cards for South Africa, said Hart, who was embroiled in
MTN has joined the growing list of South African telecommunications operators offering next-generation LTE-Advanced broadband services offering theoretical speeds in excess of 100Mbit/s over mobile connections. The company said
Communications regulator Icasa has rejected all five applicants, including the Gupta-controlled Infinity Media Networks, that were seeking new free-to-air television broadcasting licences in South Africa











