Global shortage of potatoes hits fast-food chains McDonald’s, KFC

African News Agency|Published

A growing global potato shortage that has forced McDonald’s in Japan and Taiwan to remove French fries and hash browns from their menus could soon hit the African ...

Ramaphosa appeals for investment in Limpopo

African News Agency|Published

President Cyril Ramaphosa said his government is working on improving the investment climate and reducing the cost of doing business in South Africa.

Cape Town to host first Africa Energy Week

African News Agency|Published

The African Energy Chamber has announced that Cape Town will host the first Africa Energy Week in November.

Batsa announces dividends to be paid in May despite tough year

African News Agency|Published

British American Tobacco South Africa (Batsa) announced on Monday that its first quarterly dividend will be paid to qualifying shareholders in May this year.

SA, UAE to host virtual trade webinar

African News Agency|Published

South Africa and the United Arab Emirates is expected to host a virtual trade and investment webinar, the South African department of trade, industry and competition ...

British Airways reopens flights between SA and Victoria Falls

African News Agency|Published

British Airways, operated by Comair in South Africa, has announced on Friday the reopening of bookings for flights between Johannesburg and Victoria Falls for travel ...

China launches digital vaccine passport

African News Agency|Published

China launched the first digital vaccine passport for its citizens on Monday to make global travel easier in the face of the Covid-19 pandemic.

Businessman gets 12 years for stealing electricity

African News Agency|Published

An Eastern Cape man has been sentenced to 12 years’ imprisonment after being convicted of illegal power connections by the local regional court.

Mboweni says he has no plan to use emergency powers to fund SAA

African News Agency|Published

Finance Minister Tito Mboweni has said in court papers that he has taken no decision to use emergency powers to avail money.

Another award for Capitec CEO Gerrie Fourie

African News Agency|Published

Capitec CEO Gerrie Fourie has been named Alumnus of the Year 2019 by the University of Stellenbosch Business School (USB), the banking group said.

South African wine producers in for a rough ride, says wine club CEO

African News Agency|Published

The South African Wine of-the-Month-Club said on Monday that the country's wine producers were in for "a very rough ride".

Gordhan, Mboweni agree to funding for SAA restructuring

African News Agency|Published

Finance Minister Tito Mboweni and Public Enterprises Minister Pravin Gordhan have committed the government to making available funding to SAA.

Government not prepared to meet additional demands from SAA pilots

African News Agency|Published

Government said it was concerned pilots at troubled SAA were seeking benefits which were much higher than those of other employees.

Climate-resilience project helps Mozambican farmers increase yields

African News Agency|Published

A climate-resilience project supported by the African Development Bank (AfDB) is providing irrigation and drainage to small-scale farmers in Mozambique.

SA financial watchdog says insurers cannot use lockdown to reject claims

African News Agency|Published

It said the lockdown imposed from March 27 in a bid to slow down transmissions of the coronavirus could not be used by insurers as grounds to reject claims.

Labour court dismisses appeal from SAA business rescue practitioners

African News Agency|Published

The business rescue practitioners, Les Matuson and Siviwe Dongwane, argued in their application that it was in the public interest to obtain clarity on the matter ...

National Treasury warns of debt spiral

African News Agency|Published

National Treasury warned MPs that failure to arrest SA's debt trajectory would see borrowing costs consume almost a third of the budget.

Public enterprises department offers final severance packages to SAA workers

African News Agency|Published

South Africa's public enterprises department said on Thursday it had offered final and fair voluntary severance packages to employees.

Central Copper Resources starts developing new copper project in DRC

African News Agency|Published

The company said the pre-feasibility study was designed to take cognisance of the constraints and challenges brought about by the global Covid-19 pandemic.

South Africa's Mboweni forecasts 15. 7% budget deficit

African News Agency|Published

The Covid-19 pandemic will leave South Africa with a budget deficit of 15. 7% of gross domestic product (GDP) in the current financial year.

South Africa consumer inflation slows to lowest level in 15 years

African News Agency|Published

The main contributors to the annual rate were food and non-alcoholic beverages, housing and utilities, transport and miscellaneous goods and services.

SA house prices fall despite increase in demand

African News Agency|Published

South African house prices have fallen despite an increase in demand as shown by a rise in home loan applications.

SA sparkling wine receives accolade at London awards

African News Agency|Published

Durbanville Hills Blanc de Blancs vintage 2015 has been crowned the best bottle-fermented sparkling wine at the 2020 World Sparkling Wine Awards

Warning: Online shopping fraud on the rise – FNB

African News Agency|Published

In the latest modus operandi, criminals pretending to be bank officials contact consumers and deceive them into compromising their bank card details.

Brics bank approves $1b Covid-19 emergency assistance programme loan to SA

African News Agency|Published

The New Development Bank has approved a $1 billion loan to South Africa to help the country's fight against the coronavirus (Covid-19) pandemic.