South Africa Business News

Trade protectionism is a serious risk to global economic growth as countries emerge from recession, Finance Minister Pravin Gordhan said on Wednesday. In a speech prepared for delivery to the American Chamber of Commerce in South Africa, Gordhan also said...

An Ermelo businessman has won his court bid to get back a fuel distribution business he claims was "hijacked" from him more than a year ago, AfriForum said on Wednesday. Henk Celliers, an AfriForum member, on Tuesday asked the North...

Telecommunications group Telkom is planning to spend up to R6bn to launch mobile operations in SA, which include rolling out its own network and establishing a roaming agreement with either Vodacom or MTN. CEO Reuben September said on Tuesday the...

The bad news in this bulletin is that the U.S. economy didn’t grow at quite the rate—3.5%—during the period from July to September that the Department of Commerce previously said it had. The good news: It still grew, albeit at...

Fixed-line phone company Telkom reported close to a 40% fall in first-half profit on Monday as both its domestic and Nigerian units struggled, sending its shares tumbling. Telkom, Africa's biggest fixed-line operator, said on Monday headline earnings per share fell...

The deal size between Bharti Airtel and MTN was estimated to be worth over 23 billion dollars and the combined entity would have been among the top five operators globally with revenues worth 20 billion dollars and 200 million subscriber...

Climate Change is Going to Worsen Migration in Africa Majwala Meaud 12 November 2009 opinion Today, we see the Karimojong moving and begging on the streets of Kampala...Many Africans are in camps because of famine, drought and floods.

Sobering Note on Recovery 5 October 2009 analysis Johannesburg — International Monetary Fund economists are now clearly calling a recovery, with forecasts that are happier than they were six months ago...What kind of growth trend can we expect in the...