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African Development Bank boss facing new graft probe

The African Development Bank launched an independent inquiry into allegations of embezzlement and preferential treatment against Akinwumi Adesina.

Mango to resume flights on 15 June

15 hours ago

Mango will have flights between Johannesburg, Durban and Cape Town.

Bentley to cut about 1,000 jobs in UK: report

20 hours ago

Luxury carmaker Bentley is cutting about 1,000 jobs in the United Kingdom amid the ongoing coronavirus outbreak, the BBC reported.

SARB to release apartheid-era records

1 day ago

The records relate to the bank's investigation of individuals implicated in apartheid-era financial crimes.

UK car sales almost 90% below normal in May

1 day ago

British car sales edged up in May after falling to their lowest since 1946 in April, but still remained almost 90 percent below their level a year ear

Adidas sees green shoots in China after virus shock

1 day ago

Adidas said it had returned to sales growth in China in May after store closures due to the coronavirus pandemic sent business plummeting.

Debt relief for poorest countries could extend beyond 2020, G7 says

1 day ago

Group of Seven finance ministers said a debt relief initiative for the world's poorest countries could be extended beyond the end of the year.

Rand strengthens against dollar

2 days ago

The lifting of lockdown restrictions globally is seeing investors flock to emerging market currencies.

Australia heading for recession after economy contracts

2 days ago

Australia is heading for its first recession in nearly three decades after the economy shrunk in the January-March quarter.

Competition Commission sues banks accused of forex rigging

2 days ago

The Competition Commission has filed a new charge sheet against 28 banks with the Competition Tribunal.

Zoom earnings soar as video meets become pandemic norm

2 days ago

Zoom reported that its earnings soared as its video-meeting service became a popular way to work or socialise while hunkered down due to the coronavir