Worst rand plunge in 25 years
The rand suffered its longest straight losing streak in 25 years on Thursday, revealing once again how vulnerable South Africa is to external shocks.
The rand suffered its longest straight losing streak in 25 years on Thursday, revealing once again how vulnerable South Africa is to external shocks.
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Cosatu is considering approaching the high court after a lower court halted its e-toll protest.
The NUM was at risk of losing close to 60 percent of its membership, a union report revealed.
The rand weakest showing in 25 years revealed once again how vulnerable SA is to external shocks.
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Finance minister Pravin Gordhan and mining minister Susan Shabangu will meet with mining leaders today.
SA's meat imports from India and Brazil have raised eyebrows over the health risks from both countries.
SARB governor Gill Marcus sent a strong signal that interest rates may fall again to boost the economy.
Cosatu has confirmed it will not go ahead with its drive-slow against the e-tolls system.
The current "attack" on NUM is history repeating itself, Cosatu's Zwelinzima Vavi said on Thursday.
Cosatu was still contemplating by late Thursday afternoon whether to go ahead with its e-toll protest.
The wage demands submitted to the Chamber of Mines are justified and reasonable, Zwelinzima Vavi said.
More churches have come out against the tolling and the impact it'll have religious activities.
No solution has been reached at the CCMA between Lonmin and Amcu on a new recognition agreement.
Prosecutors grilled the IMF's Lagarde, deciding if she should be charged over a payout to a tycoon.
Britain's economy expanded by 0.3 percent in the first quarter of 2013, official data showed.
The UN revised downward its forecast for the world economy to 2.3 percent growth this year.
Australia's PM moved to allay fears about the economy on Friday saying it had strong fundamentals.
Buoyant consumer confidence and increased household spending is keeping Germany from recession.
German Chancellor Angela Merkel topped Forbes's list of the world's most powerful women again.
IMF said Britain was far from a "sustainable recovery", and called for the government to boost spending.
US lawmakers on Wednesday agreed to a bill that would speed construction of a Canada-US oil pipeline.
Manufacturing activity in China contracted in May for the first time in seven months, HSBC said.
