South Africa’s Thandi Wines Seals Major Deal in China

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A South African wine company - of which 62% is owned by 250 farm worker families - has secured an exciting deal which will...

Relief for South Africans – No Load Shedding on Monday

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Eskom will not be implementing load shedding on Monday, despite a constrained and vulnerable system. “There is sufficient water at the pumped storage schemes and...
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Meet Einstein Sibanda and his Free-Range Chicken Farm

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“I have had a passion for farming since secondary school” On the outskirts of Simon’s Town, Einstein Sibanda has established a two hectare free range poultry...

Rand Strengthens as Reserve Bank Increases Interest Rates in Tight Call

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The Rand strengthened Thursday afternoon after South Africa's Reserve Bank (SARB) announced it is increasing its benchmark lending rate by 25 basis points in...
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Cape Town Water Crisis: 7 Myths That Must be Bust

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One of South Africa’s biggest cities, Cape Town, is gripped by a rising panic. People are haunted by the idea that they may soon...

South Africa’s Transnet Removes CEO Following Alleged ‘Misconduct’ Worth Millions

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JOHANNESBURG - Wiping out corruption in South Africa continues with an announcement that Transnet's board of directors has removed Chief Executive Siyabonga Gama, who...

Old Mutual Shareholders to Get $3.5 Billion from Nedbank Spin-Off

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JOHANNESBURG (Reuters) - South Africa's Old Mutual Ltd said on Wednesday its shareholders will get R50 billion ($3.50 billion) from the spin-off of a...

South Africa’s Discovery to Raise $1.8-Billion in Share Issue to Launch...

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JOHANNESBURG - South Africa's Discovery Ltd said on Thursday it will issue about 10.9 million new shares to qualifying investors in order to raise...

South African Airways Saga Puts Spotlight on Role of Directors

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The board of South Africa’s national airlines recently took a unanimous decision to go into voluntary business rescue. The step removes the threat of...

ANC Row Over South African Reserve Bank Unnerves Investors

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JOHANNESBURG - A row within South Africa's African National Congress (ANC) about the role of the country's central bank - the Reserve Bank -...

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