Alcohol ban in South Africa

South Africa: Alcohol Ban Cost Economy More Than…

Brewing and beverage business enterprise Distell said on Monday the alcohol industry had already lost 118,000 jobs. Whilst nearly 800 small and medium sized liquor manufacturers confronted financial ruin as a end result of the…

Oil edges higher as fears about sliding demand rise

Business: Oil edges higher as fears about sliding…

Oil prices recovered in addition floor on Friday, after touching three-week lows in the previous session, responding to a document decline in US growth as the coronavirus ravaged the world’s largest economic system and oil…

IMF loan payback: It’s the economy, stupid

IMF loan payback: It’s a stupid economy

The current R70-billion loan by the International Monetary Fund (IMF) to South Africa has been acquired with combined critiques via more than a few segments of the country. National Treasury Director-General Dondo Mogajane has welcomed…

Oil prices can fall, not rise

Business: Oil prices may fall, not rise

Oil’s restoration is being hit from both sides.  Benchmark Brent crude expenditures have risen by means of 128% from their April low, closing above $40 a barrel considering that the center of June. But rising…

SABC troubles add to a rising list of state finance problems

SABC troubles add to a rising list of…

The South African Broadcasting Corporation (SABC)'s organizational and financial problems will come to the fore once again on Tuesday as the broadcaster updates Parliament on its flailing fortunes. Its woes may seem to be recent,…

Numsa to pick over work losses at ArcelorMittal

South Africa: Numsa to pick over work losses…

South Africa's National Union of Metalworkers announced in a statement on Sunday evening that it would picket at ArcelorMittal on Monday at several sights of service. The statement said the picket would take place on…