- Current Affairs
Updated: 19 hours 22 min ago
Greece's jobless rate has fallen to 25% in May from 25.6% rate in the previous month, says the statistics agency .
The number of Americans filing new applications for unemployment benefits have risen less than expected, suggesting labour market conditions are tightening.
Load shedding will continue for the next 18 months, Public Enterprises Minister Lynne Brown says, once again appealing to South Africans to save electricity.
Mines Minister Ngoako Ramatlhodi should cancel all Glencore mining rights in South Africa, the EFF says.
South Africans who complain about load shedding can thank their lucky stars they are not living in Zambia at the moment, according to trade unionists and journalists.
Outa's "angrily tampering with figures" to make a point is not contributing to a rational approach on the question of e-tolls, cautions Sanral.
Due to increased electricity demand and a shortage of generation capacity, Eskom has implemented stage 1 load shedding, which will likely continue until 22:00.
Zimbabwe's central bank has capped lending rates for finance institutions at 18% and moved in to reform the banking sector in a bid to improve economic activity.
Cosatu has called on Public Protector Thuli Madonsela to investigate the failed R30m Cape Town Cup and especially the role of mayor Patricia de Lille.
The oil price drop has caused a decline in oil and gas activity in Africa and serves as a wake-up call to many African governments, shows a PwC report.
Prime Minister Alexis Tsipras says that Greece was close to concluding a deal with lenders on a multi-billion-euro bailout.
The mining ministry is meeting producers and unions for two days of talks on alternatives to cutting as many as 10 000 jobs.
Economic headwinds facing Chinese manufacturers intensified last month, with conditions deteriorating to their weakest level in two years.
If oil prices remain around $50 for the rest of the year, 2015 will be the fifth time real prices have fallen more than 50% in the space of less than three years.
Greek residential property prices have declined at a faster pace in the second quarter than the first, as Greece's slide back into recession hit household incomes.
Activity in the private sector has declined in July, with output and new orders contracting the most in more than a year, according to a survey.
The parliamentary spokesperson for Greece's ruling party has urged it to unite behind a new funding agreement, saying the country wants a full bailout immediately.
The mining sector is in "trouble" as it struggles with widespread job losses and lower commodity prices, warns Minister of Economic Development Ebrahim Patel.
THE eThekwini Municipality and the Durban Chamber of Commerce and Industry (DCCI) are moving in the same direction as Pietermaritzburg in a bid to explore alternatives to load shedding.
Members of the National Union of Mineworkers have been rejecting a final deal tabled in wage negotiations, according to a person familiar with the discussions.