SABC News - Business: Economic, finance and market updates.

On a restructuring exercise the mine wanted to retrench 1 300 workers in 2013.

Almost 500 mineworkers retrenched

Saturday 25 April 2015 19:35

Anglo American Platinum in North West has retrenched 474 mineworkers.

Almost 500 mineworkers retrenched

Saturday 25 April 2015 19:35

Anglo American Platinum in North West has retrenched 474 mineworkers.


Govt considers new salary package

Saturday 25 April 2015 07:30

Government is considering restructuring a new salary package for public servants when they return to the negotiating table on Tuesday.


Xenophobia will cause ‘incredible’ damage to economy

Friday 24 April 2015 18:28

The South African economic and tourism industries will suffer a major blow following recent violence against foreign nationals, said Protea Group founder and chair Otto Stehlik.


South Africa's rand edges higher on weak U.S. data

Friday 24 April 2015 18:16

South Africa's rand was a touch firmer against the dollar on Friday, propped up, as it has been for most of the week, by soft U.S. economic data


Comcast abandons $45 billion Time Warner Cable merger

Friday 24 April 2015 15:41

Comcast Corp and Time Warner Cable Inc said on Friday they had abandoned their proposed $45 billion merger after U.S. regulators said the deal would give Comcast an unfair advantage.


Suspended SAA CEO resigns

Friday 24 April 2015 09:14

Suspended South African Airways (SAA) CEO Monwabise Kalawe has resigned with immediate effect.


First-quarter revenue for grew more than expected

Friday 24 April 2015 06:33 Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments.


Businesses pledge to help solve the problem of xenophobia

Thursday 23 April 2015 21:04

A clear and factual message about what South Africa stands for needs to be sent to the world.


Cosatu affiliates union marched to Treasury

Thursday 23 April 2015 20:33

Thousands of Congress of South African Trade Unions (Cosatu) members took to Pretoria's streets on Thursday to press for a 10% wage increase for the country's 1.2 million civil servants.


Numsa to form workers' party

Thursday 23 April 2015 16:01

Numsa has formally resolved to form a workers' party, but concedes that there is still much work to be done before it can be launched.


Also in the News


34 people, mostly striking mineworkers, were shot dead and over 70 wounded in a clash with police on August 16, 2012.

National Days 2015

Commemorating Freedom Day on April 27 2015.

Budget 2015

Minister of Finance Nhlanhla Nene will deliver his Budget Speech in Parliament on 25 February 2015.

Lifestyle, Science & Tech Wrap

Latest technology, science and arts news highlights.

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