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US President Barack Obama has pressured Republicans in Congress to raise the debt ceiling and end the partial government shutdown.
Government will take a 20 percent free carry in all new oil and gas projects, Mineral Resources Minister Susan Shabangu announced.
The rand was slightly weaker in the late afternoon on Friday after gold was sold off‚ pushing commodity currencies lower.
Endangered Italian airline Alitalia will search for a new partner if its main shareholder Air France-KLM does not participate on Friday in a capital increase.
Local sugar producers are seeking tariff protection against imports.
Comair has started rebooking FlySafair passengers following a court ruling grounding Safair Operations's new low-cost carrier, the company said
The International Monetary Fund announced it has harnessed windfall gold profits from member countries to fund loans to the world's poorest countries in the coming years.
BMW's announcement that the auto sector strike will affect future investment raises questions about the country's labour regulation framework.
A two-year settlement has been reached between DRDGold and 600 National Union of Mineworkers members who were on a wage strike earlier this week at the company's Ergo operations
Oil prices rebounded in Asian trade hopes of a possible breakthrough in the US budget crisis after the White House said it would meet leading Republicans and Democrats
SA Reserve Bank governor Gill Marcus said that low level exports and the prospect of large capital outflows posed a "difficult year" ahead for South Africa.
Janet Yellen, set to be appointed on Wednesday as the first women head of the US Federal Reserve, is expected to go easy on winding down the easy-money policy.
Kenya hopes to raise close to $1.5 billion in an ambitious international bond issue aimed at revamping crumbling infrastructure and accelerating the economy.
The World Economic Forum recently rated Mauritius the most competitive economy in Africa, outpacing South Africa for the first time.
Barack Obama will nominate Janet Yellen as the first female head of the US Federal Reserve, at a time when political turbulence imperils a fragile American economy.
The World Bank is aiming to save $400 million over three years in an overhaul of the poverty-fighting institution, a person familiar with the matter told AFP on Tuesday.
Close to 300 new trade unions have applied for registration in the past three years but most have been declined, according to Labour Minister Mildred Oliphant.
Lack of infrastructure is negatively affecting Africa's international trade, Public Enterprises Minister Malusi Gigaba said on Tuesday.
Share prices for mobile phone operators Vodacom and MTN tumbled on news of a cut in termination rates announced by communications authority Icasa.
Last ditch efforts to avert the retrenchment of three thousand Anglo American Platinum employees continue.
Finance Minister Pravin Gordhan announced government's intervention after BMW put plans to expand its local plant on hold following the recent month-long strike
Despite a weak economy and continued pressure on disposable income, the residential property market is showing a marked increase in activity and demand across all price levels
Along with its aggressive expansion in South Africa, Make-up Art Cosmetics is set to open 20 stores in the rest of sub-Saharan Africa during the next five years.
There are few economic data releases this week‚ which will leave local markets seeking direction from global economic data‚ particularly developments around the US debt ceiling. would like to send you push notifications.
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