I know who to report to - SABC chief

New South African Broadcasting Corporation (SABC) Group CEO Frans Matlala says he is not worried about claims of political interference in his new job and that he will report to the board of the corporation.

Oil prices drop amid high US output

Oil prices fell on Friday with the focus on high US output as traders looked ahead to Greece's weekend referendum that could determine whether it remains in the eurozone.

Eskom to perform plant maintenance

As the country's power system is currently stable, Eskom is able to perform maintenance without implementing load shedding, the power parastatal said on Friday.

Economists welcome ANC's policy shifts

Economists say a comment in a declaration by the Tripartite Alliance that people have become less resourceful because of the message "the state will provide" could be the start of real policy changes.