Pointing to lingering weakness in the economy.
Country has been resisting outside help, instead relying on mercenaries in face of escalating Islamist insurgency.
South African companies are looking to hire more temporary workers – these are the most in-demand jobs
South African companies are increasingly looking to hire temporary and contract workers due to market uncertainties and slow downs, says specialist recruitment firm Michael Page.
The Reserve Bank also revised the growth forecast for 2020 to -7.1%, slightly better than -8% at the last meeting.
The shadow chancellor claims her Tory counterpart has called the crisis wrong “time and again”.
Despite lockdown challenges, South Africa’s wine industry still managed to export 319.2 million litres.
Capitec says it has already refunded more than R160 million to customers and will pay another R60 million this month.
The biggest labor group at South Africa’s Eskom Holdings SOC Ltd blamed “poor leadership” for ongoing nationwide power cuts, a discordant sign as the utility embarks on a plan to become profitable again.
The South African Reserve Bank has kept the repo rate unchanged at 3.5%
The South African Reserve Bank’s Monetary Policy Committee (MPC) has voted to hold rates.
Thousands of the capital’s taxi drivers have already signed up to the planned group legal action.
It follows criticism that firms take a large proportion of compensation for mis-sold financial products.
The extended closure of schools in South Africa could have serious long-term ramifications for learners – especially in the earlier grades, says the Department of Education’s director-general Mathanzima Mweli.
Earlier this month he tested positive for Covid-19.
Shop owners describe the pressure they are under as a survey predicts more store closures this year.
Tokyo stocks closed higher Thursday, extending US rallies on hopes of new stimulus after President Joe Biden took office.
Hong Kong stocks ended slightly lower Thursday as profit-takers moved in after five days of gains that have pushed the market to its highest in 20 months.