Most analysts following South Africa expect it to lose its final investment-grade rating. But they disagree over when that might happen and what the consequences would be. The gloomiest reckon it would trigger more than $10-billion of outflows and cause … Read More
South African non-profit shareholder activist organisation Just Share has highlighted local insurance group Santam’s refusal to pay out business interruption claims from policy holders in the hospitality and tourism sector resulting from the impact of the Covid-19 pandemic. This followed … Read More
Diversified mining and marketing company Anglo American on Wednesday announced a collaboration agreement to complete a feasibility study to develop a ‘hydrogen valley’ anchored in South Africa’s platinum group metals (PGMs)-rich Bushveld geological area. Spearheaded by South Africa’s Department of … Read More
South Africa’s gross domestic product (GDP) contracted by 1.5% in the third quarter of the year. Stats SA’s figures show that the trade, catering and accommodation industry decreased by 5.5%, contributing -0.7 of a percentage point to GDP growth. Decreased … Read More
The Youth Employment Service (YES) programme, which provides an avenue to quality jobs in the private sector, has made considerable strides since its launch in 2018. In 2021, it created over 25 000 youth jobs, making it the largest jobs … Read More