Skip to content

News

Eskom generation boss resigns

    Eskom has announced the resignation of its group executive for generation Phillip Dukashe. In a statement on Monday (9 May), the power utility said Dukashe’s last day will be on 31 May 2022.Energy, HeadlineRead More

    Ramaphosa re-election boost

      South Africa’s ruling party elected a close ally of president Cyril Ramaphosa as its chairman in a key region, further bolstering his prospects of winning a second term.Trending, HeadlineRead More

      Standard Bank fires staff for creating ghost accounts

        Standard Bank has dismissed more than 30 employees for alleged irregularities in activating new bank accounts. This includes the creation of ghost accounts, which require minimal deposits, to help reach performance targets, Fin24 reported.Banking, Headline, Standard BankRead More

        South Africa is heading for a big interest rate hike

          South Africa is likely to see another interest rate hike next week, although the increase could be larger than previously forecast, say economists at the Bureau for Economic Research (BER).Banking, BER, HeadlineRead More

          Rand bleeds as dollar flex continues

            South Africa’s rand remains on the back foot against the dollar which continues to gain strength due to concerns over slowing economic growth globally, and rising interest rates, and war risks, leading to increased market volatility.Trending, ABSA, Citadel Global, HeadlineRead More