Denel facing probe into finances

State arms firms Denel could be facing an investigation into its current financial state as it is reportedly struggling to pay its suppliers.

SARB not expecting recession

South African Reserve Bank Governor Lesetja Kganyago said that the country's weak economy will not go into recession this year.

Black CEOs used as political favours?

Minister in the Presidency Jeff Radebe says government is aware that black CEOs are left out of real business dealings because companies use them for political favours.

Business confidence hits 22-year low

Business confidence in South Africa has dipped to its lowest level since the end of apartheid on the back of an unstable currency and lower commodity prices, a survey showed Tuesday.