South Africa’s rand strengthened on speculation that interest rates will be hiked early this year. The rand traded at 15.6875 against the dollar at 1615 GMT,…
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All the latest business news in South Africa
South Africa’s rand fell, on Tuesday, hurt by the U.S. dollar’s five-year high, as investors bet the Omicron coronavirus variant would not derail the global economy…
Labour unions in South Africa said on Monday that striking workers at Massmart Holdings will return to work after reaching an agreement in their disputes. The…
Nissan’s local arm in South Africa says sales of its locally built Navara have gotten off to a good start. Sales of vehicles have surpassed those…
As part of its plans to move away from heavily polluting coal, South Africa is seeking cheap financing for infrastructure projects worth more than 400 billion…
Pick n Pay reported a 91% increase in half-year earnings on Wednesday and identified 3 billion rand ($207.5 million) in additional cost savings till 2025 as…
South Africa’s largest grocery retailer, Shoprite Holdings, announced a 20.3 per cent jump in annual earnings on Tuesday and said it intended to conclude the sale…
South Africa’s Tiger Brands has recalled 20 million cans of its KOO and Hugo’s vegetable products after 18 leaking food cans were detected in a May…
Amazon, an American multinational technology which focus on e-commerce, cloud computing, digital streaming and artificial intelligence, has announced plans to open its African headquarters in South Africa with…
BRICS’ New Development Bank has approved a $1bn loan to South Africa as a means of helping the country rise from its pandemic-era challenges. The group…