Ramaphosa Woos Business; Political Anxiety: SA Investment Latest

[ad_1] South Africa attracted 1.51 trillion ($84 billion) of new investment pledges over the past five years, 26% more than a target set in 2018, President Cyril Ramaphosa said. New…

Africa’s Richest City Is Crumbling Under Chaos and Corruption

[ad_1] Crime, Chaos and Corruption: Life in South Africa’s Richest City  Bloomberg [ad_2] Source link

South Africa Set to Pick Dan Marokane as New Eskom CEO

[ad_1] Dan Marokane is expected to be appointed as the new chief executive officer of South Africa’s state power utility Eskom Holdings SOC Ltd. after an almost year-long search for…

Long-distance trains are back in time for holidays, says Prasa | Business

[ad_1] Train services from Johannesburg to Durban and Cape Town are back The Passenger Rail Service of SA (Prasa) announced on Friday that passenger train services between Johannesburg and…

ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows

[ad_1] ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs, citing a moribund economy. The unit will be placed in care…

Medical schemes lose R30 billion a year to fraud, conference hears | Business

[ad_1] Medical schemes lose R30 billion a year to fraud, conference hears …  News24 [ad_2] Source link

Glencore finally inks R130bn deal for Teck’s coal business in Canada | Business

[ad_1] Global commodities trader and miner Glencore has inked a $6.93 billion (about R130 billion) deal for a 77% stake in Canada’s Elk Valley Resources (EVR), the steel-making coal business…

Why South Africa Is on the Brink of Chaos

[ad_1] On a recent sunny afternoon, Joshua Radebe patted down asphalt into a neatly filled pothole on a busy Johannesburg street as a motorist tooted and waved to him. Radebe…

Trevor Noah jumps into fan’s car to beat traffic in Johannesburg

[ad_1] The ex-Daily Show host’s ordeal played out live on air as he ran late for an interview in Johannesburg. [ad_2] Source link

‘Contagion’: China’s $4.5 trillion ‘shadow’ banks

[ad_1] China’s ‘shadow bank’ sector is on the brink of a potential $4.5 trillion disaster. And the rest of the world could be exposed. It’s a $4.5 trillion loan industry.…