FIN 24 – Economy

FIN 24 – Economy

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Fin24 Economy

With President Cyril Ramaphosa’s inauguration over, the focus now turns to who he will appoint to his new Cabinet.
Posted: May 26, 2019, 10:33 am
South Africa needs "solutions and not more talk shops" to end Eskom’s "monopolistic stranglehold on electricity" and to rescue the crippling economy, says DA spokesperson on public enterprises Natasha Mazzone.
Posted: May 26, 2019, 9:10 am
Fin24 talks smart manufacturing - and how SA can solve the Eskom problem - with Magnus Ekbäck, VP Strategy & Business Development at Sandvik, which operates one of the world's 9 "lighthouse" factories chosen by the World Economic Forum.
Posted: May 26, 2019, 7:30 am
City of Cape Town councillor Angus McKenzie maintains the Democratic Alliance run metro would not give up its fight to have national government cede management responsibility of the Metrorail network in that city.
Posted: May 26, 2019, 6:11 am
The top job at embattled power utility Eskom is open again for the 11th time in a decade and it’s unclear anyone is ready to fill it.
Posted: May 26, 2019, 5:50 am
Germany is making headway with plans to get self-driving vehicles to navigate a major city's roads.
Posted: May 25, 2019, 3:17 pm
Beijing is committed to striking a trade deal with the US but it’s ready to respond with more countermeasures, said Chinese envoy Cui Tiankai, as he called the blacklisting of Huawei an "unusual" act of state power against a company
Posted: May 25, 2019, 1:52 pm
The non-profit has hit out at Busisiwe Mkhwebane, saying she is 'attempt[ing] to reheat a long cold dish' in her recent findings against Minister of Public Enterprises Pravin Gordhan.
Posted: May 25, 2019, 12:03 pm
Oupa Magashula, the former head of the tax agency, has announced he too will take findings about the pension payout to his former deputy Ivan Pillay on review, saying Busisiwe Mkhwebane acted with 'indecent haste'.
Posted: May 25, 2019, 10:18 am
The pubic protector found that current Minister of Public Enterprises Pravin Gordhan, who was minister of finance in 2010, should not have approved Pillay's early retirement with full benefits and subsequent re-employment.
Posted: May 25, 2019, 9:39 am
President Donald Trump’s trade war against China has so far focused on attacking imports. His new front: Weaponising American exports.
Posted: May 25, 2019, 6:45 am
Boris Johnson, a top contender to take over from Prime Minister Theresa May, said he wants a pragmatic exit from the bloc, but the country must prepare for no-deal as a negotiating tactic.
Posted: May 25, 2019, 5:52 am
It is no coincidence that Eskom CEO Phakamani Hadebe has decided to resign at this point in time, energy analyst Chris Yelland tells Fin24.
Posted: May 25, 2019, 5:16 am
National Treasury has said government is focussing on regaining the country's investment grade status, after S&P kept the country's sovereign credit rating unchanged at below investment grade.
Posted: May 25, 2019, 5:12 am
President Cyril Ramaphosa should set aside all Public Protector Busisiwe Mkwebane reports until her competency and trustworthiness has been ascertained, says Cosatu.
Posted: May 24, 2019, 8:56 pm
Tensions flared to another level between Washington and Beijing and the two sides tussled over a US ban on China tech giant Huawei, fuelling fear of a technology cold war.
Posted: May 24, 2019, 8:55 pm
UK Prime Minister Theresa May's resignation leaves May's replacement - and Britain's economy - stepping into a new round of Brexit uncertainty.
Posted: May 24, 2019, 8:54 pm
Phakamani Hadebe has announced his sudden resignation as Eskom's chief executive officer, the power utility confirmed to Fin24.
Posted: May 24, 2019, 6:15 pm
Public Enterprises Minister Pravin Gordhan plans to institute immediate review proceedings against the Public Protector's report and findings, including the proposed remedial action.
Posted: May 24, 2019, 6:15 pm
SARS says it will extend the deadline for a tender aimed at securing a service provider to help curb the illicit tobacco trade.
Posted: May 24, 2019, 4:02 pm

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