South Africa Rating Upgraded on Fiscal Gains
Africa-Press - South-Africa. A local source reported that improvements in financial performance in South Africa and the momentum of reforms are expected...
South Africans Face Higher Taxes for New BEE Requirements
Africa-Press - South-Africa. The National Treasury’s newly proposed procurement regulations will result in narrowing the pool of potential suppliers to the government, removing competition...
New Luxury Development Near Major Shopping Mall Opens
Africa-Press - South-Africa. A luxury residential development, Aspire Waterfall City, is launching in one of Gauteng’s fastest-growing mixed-use precincts, featuring high-end amenities, smart living...
Electricity Price Shock Coming For South Africans
Africa-Press - South-Africa. Electricity price increases over the next few years are expected to be much higher than originally planned, with consumers set to...
Business Challenges in South Africa Increasingly Severe
Africa-Press - South-Africa. Doing business in South Africa is becoming increasingly difficult as organisations face a rapidly expanding and constantly changing regulatory environment, with...
WesBank Issues Fraud Warning to Car Loan Borrowers
Africa-Press - South-Africa. WesBank warned of a surge in highly sophisticated letterhead scams impersonating the bank to trick customers into sharing sensitive information or...
Billionaire Patrice Motsepe’s Mining Giant Seals Deal
Africa-Press - South-Africa. African Rainbow Minerals (ARM) said on Tuesday it is considering restarting open-pit operations at its Nkomati nickel mine in South Africa,...
Gauteng Education Dept Needs R35bn for Overcrowding
Africa-Press - South-Africa. Gauteng Education MEC Lebogang Maile said the department needs about R35 billion to address the overcrowding crisis in public schools.
The overcrowding...
Major South African Bank Launches Cashless Branches
Africa-Press - South-Africa. Standard Bank has opened 234 cashless branches in South Africa, which is up from five in 2020, as clients continue to...
South Africa’s Richest City Faces Financial Crisis
Africa-Press - South-Africa. Global ratings agency Moody’s has placed the City of Johannesburg’s credit ratings under review for a potential downgrade, the latest sign...