South African economy | Fin24
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    The CEOs of SA’s top companies earned a median of R5.4m in 2018, up from R5.2m in 2017.

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Gordhan vs. Mhkwebane: Malema joins court case

Jul 15 2019 21:35

EFF leader Julius Malema has officially joined the legal wrangle between Public Enterprises Minister Pravin Gordhan and Public Protector Busisiwe Mkhwebane, filing an intervention application at the High Court in Pretoria.


3 reforms that will maximize aviation benefits in SA - report

Jul 13 2019 08:00

In 2017, 20.9 million passenger journeys were made to, from and within South Africa, with aviation and tourism representing US$9.4bn in gross value added.


SAA board chair resigns

Jul 11 2019 18:18

Minister of Public Enterprises Pravin Gordhan announced on Thursday that South African Airways board chair JB Magwaza had resigned from the embattled national carrier for personal reasons.


Nigeria vs. South Africa: Economic rivalry shifts to soccer pitch

Jul 10 2019 18:17

The rivalry between Nigeria and South Africa goes well beyond the sports field, as the two teams gear up to meet in the quarter-finals of the Africa Cup of Nations.


'Massive bounce back' expected for SA - economist

Jul 10 2019 16:38

A better performing second quarter can be expected when SA's GDP figures are released in a few weeks' time, says Mike Schüssler, chief economist at


South Africa

Labour minister: We'll use UIF, Compensation Fund to help beat unemployment

Jul 10 2019 14:27

Minister of Employment and Labour Thulas Nxesi has said his department would leverage the Unemployment insurance Fund and the Compensation Fund as agents in job preservation and skills development for the unemployed.

South Africa

National minimum wage not the jobs poison pundits feared, says new Labour Minister

Jul 10 2019 10:34

Minister of Employment and Labour Thulas Nxesi told reporters in Parliament on Wednesday that the employment market had taken well to the National Minimum Wage since it was signed into law, with only 7% of employers in the country not complying.

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