It’s official. The Johannesburg Stock Exchange is no longer the only game in town. ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a

The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech

Economic Freedom Fighters leader Julius Malema will graduate from Unisa on Wednesday with a Bachelor of Arts degree. Malema will attend the official graduation ceremony in Pretoria, at the Unisa main campus, on Wednesday evening

The FBI has succeeded in hacking into an iPhone that belonged to San Bernardino shooter Syed Farook without Apple’s help. As a consequence, the bureau has dropped its legal case in which it was trying to force Apple to do what has now been done

South Africa’s big four retail banks have been steadily cutting the number of (costly) branches in recent years. That’s no surprise, given the shift in transactional banking to electronic channels. Those transactions that still need some form of physical

Legal documents indicate that South Africa did sign a nuclear deal with Russia, environmentalists who have taken the government to court alleged on Wednesday. In its legal proceedings against the department of energy, Earthlife Africa and the Southern African

Finance Minister Pravin Gordhan has answered the Hawks questions regarding the alleged South African Revenue Services “rogue” unit on Wednesday, stating that the unit acted lawfully as far as he is aware. “I am advised that the Sikhakhane Panel

The following is the full and unedited text of a statement issued by finance minister Pravin Gordhan, in which he explains how he has answered a set of questions from the Hawks regarding the establishment of a so-called “rogue” unit at the South African