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South Africa

Top PIC executive suspended over AYO Technology Solutions investment

Jan 22 2019 10:43

The commission of inquiry probing governance and investment decisions at the state asset manager learnt that the corporation's Head of Listed Investments, Fidelis Madavo, has been suspended.

South Africa

South Africa may double power buy from Congo hydro plant

Jan 21 2019 14:47

South Africa is considering doubling the amount of electricity it plans to buy from a proposed multibillion-dollar hydro power plant in the Democratic Republic of Congo.

South Africa

Stop Reserve Bank nationalisation talk, says BLSA's Bonang Mohale

Jan 19 2019 10:45

Calls for the nationalisation of the central bank do not send a positive message to markets about the future country, says the head of Business Leadership South Africa.

South Africa

The week that was: Fin24's top 6 stories

Jan 18 2019 17:07

From a deep dive into why data in SA is still so expensive, to Zimbabwe's internet shutdown and the new Transnet board's quest to claw back money, catch up on the week's best read stories.

South Africa

Reserve Bank mandate is enshrined in the Constitution - Kganyago

Jan 17 2019 16:14

The central bank governor was speaking in the wake of calls to expand the bank's mandate by taking into account employment creation and economic growth in addition to protecting the value of the currency.

Economy

Western Cape watching Brexit implications on trade, investment and tourism

Jan 16 2019 19:29

Amid continued uncertainties related to Brexit, the Western Cape's tourism, trade and investment promotion agency is keeping a close watch on the implications for companies.

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World

Ramaphosa says independence of the Reserve Bank is 'sacrosanct'

Jan 16 2019 09:24

The president, addressing business leaders ahead of the World Economic Forum in Davos, has said there is no intention to interfere with the independence of the central bank.

South Africa

Maimane: Break down Ramaphosa's Trump-style wall of economic exclusion

Jan 16 2019 07:36

DA leader Mmusi Maimane said there was no difference between President Cyril Ramaphosa and Jacob Zuma, as both promised economic transformation which only led to wealth for the politically connected few.

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