Failure by municipalities to pay debts worth billions of rand risks thwarting company’s recovery efforts, utility chief says
State-owned utility manages 100 days without power cuts
South African president and pro-business party’s John Steenhuisen seek to resolve dispute over cabinet posts
Rand and equities rise after African National Congress seals power-sharing agreement with Democratic Alliance
The party may ultimately be doomed — but it could yet stave off disaster for the country
Election seen as a referendum on the competence of a party that has governed since the country’s first post-apartheid vote
Gary Nagle’s praise came hours after the country’s storied miner announced it would break itself up
CEO Wanblad makes the case to shareholders and South Africa’s president
Stance defies government hostility to plan that would break up national champion
Journey from industrial behemoth to takeover target reflects country’s decline as a mining powerhouse
Country’s independent Competition Commission vows to assess any takeover on ‘public interest’ grounds
Statement comes as the Australian miner’s chief executive visits country after political backlash
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the country
Legal & General and Abrdn criticise offer as undervaluing UK-listed miner
Telecoms group joins growing list of companies plugging shortfalls from state electricity provider
Our bilateral relations have always been economically beneficial on both sides
John Lamola reasserts goal of becoming a ‘global brand’ as state-owned carrier turns profit for first time since 2011
The headline acts will be the US Federal Reserve, the Bank of Japan and the Bank of England
Electricity tsar says issue that has plagued the country for more than a decade would be largely over by year end
There are grounds for medium-term optimism after years of negative news
Move comes ahead of a general election as the ruling ANC seeks to quell unease at its handling of the economy
Lesetja Kganyago says inflation still poses risk even as other emerging markets start to loosen policy
Selection of Dan Marokane comes as electricity monopoly oversees record blackouts and deals with large debt burden
Hedge fund Amia Capital becomes latest body to float South Africa using central bank account as economy falters
‘Catastrophic’ problems at freight company mirror those of stricken Eskom power monopoly
