A gauge measuring South Africa’s manufacturing industry expanded for the first time in nine months in December as new-sales and export orders improved. Absa Group Ltd’s Purchasing Managers’ Index, compiled by the Stellenbosch-based Bureau for Economic Research, rose to 50.7 from 49.5 in November, the Johannesburg-based lender said in an emailed statement Wednesday. The reading […]
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It’s been a rough year for South African stocks, but signals are emerging that they’re set for a rebound in 2019. Cheap valuations, flows into US exchange-traded funds and optimism among global analysts are some of the factors that suggest South Africa’s $445 billion equities market may recover from its worst year in the past […]
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Home Affairs department delivers good news to Zimbabweans living in South Africa. Over 180,000 Zimbabwean nationals living in South Africa have applied for official documentation to allow them to stay,… Read more »
We wrap up this weeks top business news stories across the continent… Amongst which we had Zimbabwe’s Budget announcement make headlines… And we interogate that specifically a little further when… Read more »
Over 850 million dollars has been used to boost small, medium and micro enterprises in South Africa’s Gauteng province alone. This emereged at the South African Business Incubation Conference. It… Read more »
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Kevin Freese says the National Union of Metalworkers (NUMSA) has been threatening his factory, his life, and the general plastics industry in South Africa. In a spate of attacks on… Read more »
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Christine Lagarde says South Africa hasn’t requested financial aid from the IMF, Brian Dames steps down from Eskom’s task team and Taste Holdings asks shareholders for more assistance. Original of… Read more »
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