According to the firm's internal memo obtained The Citizen, released on May 15, the firm is going to lay off 100 workers and will stop the mining activities at the Buzwagi Gold ... Read more »
Public Enterprises Minister Lynne Brown has been ordered by the African National Congress to rescind the reinstatement of Brian Molefe, calling the Eskom board's actions "reckless ... Read more »
Brian Molefe, the former Eskom CEO resigned under a cloud after reports of his association with the Gupta family who are accused of state capture in the former public protector ... Read more »
The South African Broadcasting Corporation has recorded a R509 million operating loss for the first quarter of 2017. Read more »
The North Gauteng High Court ruled that social grant payment provider Net1 would be allowed to continue deducting funds from beneficiaries' bank accounts, a decision that lawyers ... Read more »
Social grant payment provider Net1 can continue making deductions from recipients' grants, the High Court in Pretoria has ruled - this after arguments against this practice were ... Read more »
The telecommunications company made a profit of U.S.$468 million in the year to March 2017. Read more »
The controversial Tormin mineral sands mine has applied for an extension of its mining rights despite unresolved environmental issues and alleged unlawful practices. Read more »
The largest bank by assets, KCB Group, plans to shut down some of its branches citing civil strife, devaluation of the country's currency, and hyperinflation which negatively ... Read more »
TerraPay, a mobile-first international payment network, has obtained regulatory approval from the Bank of Tanzania to launch international money transfer services to mobile ... Read more »
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