BHP makes an offer for Anglo American
Africa-Press - South-Africa. The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American, a move that could...
SARS issues tax alert for employers in South Africa – with a warning
Africa-Press - South-Africa. The South African Revenue Service (SARS) has issued an alert reminding employers that the Employer Annual Reconciliation period is currently open...
Taxpayers pay massive petrol bill for government’s VIP ‘blue light brigades’
Africa-Press - South-Africa. The South African Police Service (SAPS) has spent over R42 million on petrol and diesel over the past six years for...
Eskom’s monster diesel bill to keep the lights on in South Africa
Africa-Press - South-Africa. State-owned power utility Eskom has spent R64.78 billion in the last five years on diesel to power its Open Cycle Gas...
Reserve Bank adds new measures that will impact interest rate decisions in South Africa
Africa-Press - South-Africa. The South African Reserve Bank has developed two new measures to better understand underlying price pressures, which will influence the MPC’s...
Bad to worse for interest rates in South Africa
Africa-Press - South-Africa. With economists already factoring in the possibility of no interest rate cuts in South Africa in 2024, markets are starting to...
Good news for salary hikes in South Africa
Africa-Press - South-Africa. Employed South Africans could finally find some relief in 2024, with salary hikes in the country expected to outstrip inflation after...
The rand could hit R21.40 to the dollar in 2024, warns Investec
Africa-Press - South-Africa. Investec’s worst-case scenario projects the rand could tank to R21.40 by the end of 2024 and sink even further to R21.90...
Billions of rands in pensions have still not been paid in South Africa
Africa-Press - South-Africa. The Financial Sector Conduct Authority (FSCA) has updated its list of companies and entities who have not paid the required pension...
IMF slams South African government’s optimistic GDP forecasts
Africa-Press - South-Africa. National Treasury has consistently overestimated South Africa’s economic growth in its budget forecasts over the past decade, inhibiting the government’s ability...