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REUTERS international news agency provides news and information of the highest quality and editorial integrity.

Eskom Debt Swap Not An Option Says South Africa’s Ramaphosa

JOHANNESBURG - A debt swap for cash-strapped state power company Eskom would spiral the country into more debt, South Africa's President Cyril Ramaphosa said...

In An African First, Pretoria Hosts A Cannabis Expo… Without Cannabis

PRETORIA - Andre Kruger's stand at Africa's first ever cannabis exposition displayed an indoor growing tent, complete with state-of-the-art lighting imported from the United...

South Africa’s Reserve Bank to Wait Until May for Next Rate Hike

JOHANNESBURG - The South African Reserve Bank will not raise interest rates again until May, according to a Reuters poll, taken after the Reserve...

South African Rand 4th Worst Performing Currency in 2018, But Investor Favourite

The rand is the fourth worst performing currency against the dollar in 2018 and among the most volatile, but it remains a favourite for...

South Africa Needs to Bail Out Eskom, says Former Eskom Adviser Rothschild

JOHANNESBURG - The South African government needs to "bite the bullet" and bail out struggling state-run power firm Eskom, which has asked for R100...

KPMG South Africa Beg for Second Chance after Corruption Scandals

JOHANNESBURG - The chairman of KPMG South Africa on Monday appealed for the firm to be seen as a changed business, following months of...

Louis Oosthuizen Scoops First Ever South African Open Win

JOHANNESBURG - Home favourite Louis Oosthuizen romped to a first-ever South African Open title after extending his overnight lead and finishing six shots clear...

South Africa’s Minimum Wage to Apply from January 2019

JOHANNESBURG  - South Africa's new national minimum wage will take effect from January 2019, President Cyril Ramaphosa said on Friday, ensuring workers earn at...

Fitch Keeps South Africa’s Sovereign Rating Unchanged

JOHANNESBURG - Ratings firm Fitch on Thursday kept South Africa sub-investment grade credit rating steady at subinvestment and maintained its stable outlook, but warned...

South Africa Call on Uncapped Batsman Hamza for Pakistan Series

CAPE TOWN - South Africa have named uncapped middle-order batsman Zubayr Hamza and fast bowler Duanne Olivier in their squad for the three-test home...

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