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s.africa’s

S.Africa’s Reserve Bank to hold rate at Sept 21 meeting, chop 75 bps in 2024: Reuters poll

September 14, 2023
S. Africa's reserve bank to hold rate at sept 21 meeting, chop 75 bps in 2024: reuters poll - photo licensed by shore news network.

By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will keep interest rates steady at 8.25% at its Sept. 21 meeting to curb the …

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De Beers ‘confident’ talks will avert strike at S.Africa’s Venetia mine

September 8, 2023
De beers 'confident' talks will avert strike at s. Africa's venetia mine - photo licensed by shore news network.

(Reuters) – Anglo American Plc’s De Beers is confident ongoing talks with South Africa’s National Union of Mineworkers (NUM) will avert a wage strike at …

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S.Africa’s Reserve Bank to hike repo rate 75 bps on Nov. 24: Reuters poll

November 18, 2022November 18, 2022
S. Africa's reserve bank to hike repo rate 75 bps on nov. 24: reuters poll - photo licensed by shore news network.

By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will hike its repo rate another 75 basis points to 7.00% on Thursday to reinforce …

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S.Africa’s Eskom says maintenance work could worsen power cuts for a year

November 15, 2022
S. Africa's eskom says maintenance work could worsen power cuts for a year - photo licensed by shore news network.

(Reuters) – South Africa’s struggling state power utility Eskom warned on Tuesday that planned maintenance could cause power outages lasting up to a year. The …

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S.Africa’s Kumba Iron Ore says Transnet strike will hit exports

October 10, 2022
S. Africa's kumba iron ore says transnet strike will hit exports - photo licensed by shore news network.

(Reuters) – South Africa’s Kumba Iron Ore’s production and exports will be hampered by a strike at state-owned logistics company Transnet, the miner said on …

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S.Africa’s rail and port workers to strike this week over wages – unions

October 4, 2022
S. Africa's rail and port workers to strike this week over wages - unions - photo licensed by shore news network.

(Reuters) – Workers at South Africa’s state-owned logistics firm Transnet will go on strike starting this Thursday over a wage dispute, two labour unions said, …

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S.Africa’s Gold Fields to become fourth biggest gold miner with Yamana deal

May 31, 2022

By Nelson Banya (Reuters) -South Africa’s Gold Fields Ltd’s is set to become one of the four biggest gold miners in the world after agreeing …

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S.Africa’s Discovery forecasts jump in half-yearly profit

February 18, 2022
S. Africa's discovery forecasts jump in half-yearly profit - photo licensed by shore news network.

– South African insurer Discovery forecast on Friday a higher half-yearly profit, supported by new clients at its health insurance business and adequate provisions to …

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