Maria Ramos’s decision to step down as Absa CEO, after exactly a decade in the job, marks the end of a tumultuous era for SA’s third-most valuable bank, which now plans to claw back the ground it lost under former parent Barclays plc.
Since Ramos took
MultiChoice will carry losses incurred by Showmax in the “medium term”, but the goal is eventually for the streaming television service to turn a profit once broadband infrastructure in South Africa and the rest of the continent has been built out further to support it.
LaLiga giants FC Barcelona have confirmed the shock signing of an African star as they continue to strengthen their squad in the January transfer window.
The Catalan giants have announced the arrival of Ghanaian midfielder Kevin Prince Boateng from Serie A outfit Sassuolo.
The former Ghana international joins
PRETORIA - Saudi Arabia's planning to build an oil refinery and a petrochemicals plant in South Africa.
It's part of a $10-billion (R138-billion) investment in the country.
READ: S&P confident SA economy will rebound
The Gulf state's also interested in using our oil storage facilities and pumping billions of dollars
The Reserve Bank has kept the repo rate unchanged at 6.75%, in line with the expectations of most economists and analysts.
Governor of the SA Reserve bank Lesetja Kganyago announced the benchmark rate call at a media briefing in Pretoria. He said the decision was unanimous.
Johannesburg - Former Bosasa chief operations officer Angelo Agrizzi on Wednesday revealed shocking details of the millions of rand that the company paid to bribe employees of state-owned entities (SOEs).
Those ostensibly bribed for their co-operation in facilitating tenders for Bosasa included two current ministers.
OHANNESBURG - A teacher who took the photograph showing alleged racial segregation at Laerskool Schweizer Reneke has vowed to clear her name.
Elana Barkhuizen was suspended last week after her photo showing black and white pupils seated at separate tables in a grade R classroom went
MyBroadband Insights has released its Q4 2018 Mobile Network Quality Report, which ranks South Africa’s mobile networks.
The report is based on 12,092 unique results from MyBroadband’s android speed test app which were recorded between 1 October 2018 and 31 December 2018.
The download speed (60%), upload
State-owned arms manufacturer Denel has defended the appointment of Daniel du Toit as the company’s group CEO, following criticism for appointing a white male to the position.
Denel, which recorded a loss of nearly R2bn in the past financial year, appointed Du Toit, a former MD
The football world mourned the shock passing of Bafana Bafana legend Phil “Chippa” Masinga on Sunday.
The 49-year-old Masinga lost a long battle with cancer at a Johannesburg hospital on Sunday morning.
South African Football Association (Safa) president Danny Jordaan joined the football world in remembering and