15/12 South Africa's cash-strapped power utility Eskom is evaluating bids for its mortgage lending business, a spokesman said on Friday, as the company works to shore up its balance sheet against a. . .
14/12 Shoddy and incomplete accounting at South Africa's troubled state-run arms firm Denel left the country's Auditor General unable to make a judgement on the soundness of its most recent financial statements,. . .
14/12 The president of South Africa's Association of Mineworkers and Construction Union (AMCU) said on Friday that the union's Sibanye-Stillwater members remain on strike, disputing the miner's argument the action is now. . .
14/12 South Africa's foreign direct investment inflows fell by nearly 3 billion rand ($209.6 million) in the third quarter, the central bank said on Friday in its quarterly bulletin, as foreign firms. . .
13/12 South Africa's rand strengthened early on Thursday, as signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to aid its cooling economy supported investor appetite. . .
12/12 South Africa's rand firmed on Wednesday after the dollar fell as investors digested U.S. consumer price data that showed unchanged headline inflation, reinforcing speculation of fewer U.S. interest rate rises than. . .
12/12 South African retail sales rose 2.2 percent year-on-year in October after increasing at a revised year-on-year rate of 0.6 percent the previous month, the statistics office said on Wednesday.. . .
12/12 Implied volatility on South Africa's rand rose by its most since the last finance minister reshuffling in October, amid worries over the country's sovereign credit ratings, power supply interruptions and next. . .
12/12 Dry conditions in the main part of South Africa's maize belt have delayed crop plantings, threatening yields for the staple food and sending prices sharply higher, the farmers lobby group Grain. . .
11/12 South Africa's Famous Brands said on Tuesday its UK-based unit Gourmet Burger Kitchen (GBK) has closed 14 out of 17 under-performing stores following the approval of a restructuring plan by creditors.. . .
11/12 Revenue from discontinued operations came in at R999 million (R5.418 billion), operating loss was R230 million (operating profit of R305 million), loss for the period was recorded at R170 million (loss. . .
11/12 African fibre company Liquid Telecom has won a $180 million investment from British development finance agency CDC Group, which the firm said it will use to deliver high-speed broadband further into. . .
11/12 South Africa's rand opened firmer on Tuesday, clawing back the previous session's heavy losses, with investors buying the currency cheaper ahead of mining and manufacturing data and other economic data later. . .
11/12 Total revenue from continuing operations grew to R3.4 billion (R3.2 billion) whilst operating profit lowered to R57 million (R382 million). Loss for the period attributable to owners came to R50 million. . .
10/12 The South African government needs to "bite the bullet" and bail out struggling state-run power firm Eskom, which has asked for 100 billion rand ($7 billion) in government support, the chief. . .
07/12 Revenue for the interim period increased to R1.359 billion (2017: R1.717 billion), gross profit fell to R303.4 million (2017: R388.3 million), loss from continuing operations soared to R116.3 million (2017: loss. . .
07/12 Total revenue from continuing operations for the period was R281 million (September 2017: R283.5 million) with profit before tax for continuing operations being R13.8 million (September 2017: R11.6 million). The total. . .
07/12 South Africa's Distribution and Warehousing Network Ltd said it expects to report a bigger first-half headline loss per share, as it battles tough trading conditions amid wider economic challenges.. . .
07/12 Vedanta Zinc International, a unit of diversified miner Vedanta Resources, has not been deterred from investing in an energy intensive zinc smelter in South Africa despite regular power shortages in the. . .
06/12 South African authorities have given food maker Tiger Brands permission to re-open a factory closed after the world's biggest listeria outbreak was traced to one of its facilities, the company said. . .
06/12 Ratings firm Fitch on Thursday kept South Africa sub-investment grade credit rating steady at subinvestment and maintained its stable outlook, but warned that low growth and rising debt of state-owned firms. . .
06/12 South Africa's government is discussing restructuring the debt of state-run utility Eskom but will only give details of what it plans to do next year, Public Enterprises Minister Pravin Gordhan said. . .
06/12 South Africa's current account deficit widened slightly in the third quarter from the second quarter as Africa's most industrialised economy recorded a narrower quarterly trade surplus, the central bank said on. . .
06/12 Shares in South African engineering company Group Five plunged more than 40 percent on Thursday after a customer's $60.5 million compensation claim relating to the unfinished Kpone power plant in Ghana.. . .
06/12 A probe into accounting irregularities at Steinhoff International and the release of the retailer's restated results have been delayed, it said on Thursday, sending its shares down as much as 21. . .
05/12 South Africa's Ports Regulator said its average tariffs for the 2019/20 financial year will decrease by 6.27 percent, although coal export charges will rise, a statement seen by Reuters on Wednesday. . .
04/12 South Africa's real gross domestic expenditure expanded by 2.3 percent in the third quarter of 2018 after contracting by 0.7 percent in the second quarter, the statistics agency said on Tuesday.. . .
04/12 Armed with low-cost operating models, three South African digital banks are betting on aggressive pricing and data analytics to attract tech-savvy, price-conscious consumers when they launch next year in a rare. . .
03/12 South Africa's rand firmed more than 1 percent against a softer dollar on Monday, in line with emerging markets and a fall in bond yields, as a temporary trade truce agreement. . .
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