VW struggling with S.Africa costs as group targets savings – executive
By Joe Bavier JOHANNESBURG (Reuters) – A senior Volkswagen executive involved in a global cost-cutting strategy said on Friday he was “very worried” about the future of the company’s operations in South…
Ukraine activist wants S.Africa to ask Putin to attend BRICS summit virtually
By Anait Miridzhanian and Carien du Plessis JOHANNESBURG (Reuters) – Ukrainian activist Oleksandra Romantsova this week suggested to South African officials that it would be better for Russian President Vladimir Putin to…
S.Africa to call it a wrap on current hikes with last 25 bps on March 30- Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will raise interest rates for the last time in this cycle by 25 basis points on March 30, in anticipation of slower…
S.Africa Finance Minister: Ramaphosa re-election suggests policy continuity
JOHANNESBURG (Reuters) – The re-election of President Cyril Ramaphosa as leader of South Africa’s governing African National Congress (ANC) party suggests continuity in economic policy, Finance Minister Enoch Godongwana told reporters. “There…
S.Africa repeals COVID rules on mask-wearing, gatherings, entry
JOHANNESBURG – South Africa has repealed COVID-19 restrictions on mask-wearing in indoor public spaces, limits on the size of gatherings and entry requirements at its borders, a notice in the government gazette…
S.Africa retailer Pick n Pay to cut $187 million in costs in 3 years
By Nqobile Dludla JOHANNESBURG – South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rand ($187 million) in the next three years and grow its…
S.Africa building giant WBHO quits Australia, blames ‘hardline’ COVID response
By Byron Kaye SYDNEY – South Africa’s biggest construction firm Wilson Bayly Holmes – Ovcon Ltd (WBHO) said it is pulling out of Australia, saying the country’s “hardline” COVID-19 response had impacted…
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