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South Africa's parliament approved a bill on Thursday for managing state secrets, ending a three-year battle over legislation critics say could be used to cover up corruption. The Protection of...
Credit ratings agency Fitch revised its outlook on Eskom from negative to stable and downgraded Eskom’s local currency rating by one notch, following its downgrade of South Africa’s sovereign...
Eskom has noted the action by Fitch, which follows recent downgrades by Standard & Poor’s and Moody’s. The Fitch local currency rating remains the highest of the three agencies and carries a...
The government was trying to address the concerns that led to the Fitch ratings agency downgrading South Africa's sovereign debt on Thursday, the Treasury said. "The South African government is...
Construction is a $7,5-trillion industry, accounting for 13,4% of the world’s gross domestic product. The industry is a driver of economic development, providing both private and public...
The Minister of Public Enterprises, Mr Malusi Gigaba welcomes the successful outcome of Eskom’s international bond roadshow. The oversubscription on the bond issuance demonstrates...
Not even an interest rate cut would bring immediate relief for tough economic times in the new year, an international ratings agency said on Thursday. "If we see relaxation on the monetary policy...
In today's podcast: the ANC assures that Mbeki's departure will not translate into any major changes in macroeconomic policy, Agrément South Africa kicks off its thirteenth AGM and, Chamber of...
South Africa's National Treasury has seconded one of its top officials to the Land Bank in an effort to speed up the turnaround of the struggling financier.
The bank provides financial services to...
The agriculture and land affairs department's assertion that all is well at the Land Bank and there has been significant progress in the past three months "does not fly", the...