- Current Affairs
Updated: 30 min 23 sec ago
At least $1bn in cash has been smuggled into Iran as it seeks to avoid Western sanctions, a bigger figure than previously reported.
The office of Gauteng premier David Makhura has denied a report in the Sowetan stating that Makhura announced the e-tolling system in the province would be scrapped.
Since no firm proposals for cutting spending have been tabled, it implies that new and additional taxes would be raised, warns an expert.
A lot of work lies ahead for Greece, after eurozone finance ministers endorsed a bailout extension, officials warn.
There was a high risk of rolling blackouts due to a "very constrained" power system, Eskom says.
Finance minister Nhlanhla Nene should stop giving further financial lifelines to Eskom and restructure the embattled electricity provider, the DA says.
A controversial German law that seeks female representation in boards of large firms, which has been in development for years, has reached its final stages.
Greece's new leftist-led government has climbed down further to eurozone creditors on its plans to halt privatisations, boost welfare and raise the minimum wage.
Foreigners who own land above the 12 000 hectares cap will need to sell any excess farmland, says Minister of Rural Development and Land Affairs Gugile Nkwinti.
City Power will implement the “time of use” tariff system to reduce pressure on the grid in Johannesburg and pass on savings to residential customers.
Cuban cigar-maker Habanos envisions gaining 25% to 30% of the US premium cigar market if the United States lifts its trade embargo on Cuba.
France wants to delay a target for bringing its budget deficit below 3% of growth domestic product by three years until 2018.
The SA economy has outperformed forecasts, recording an annualised 4.1% quarter-on-quarter growth at the end of 2014, latest figures show.
Government’s 50/50 policy framework - where workers would take ownership of half of farms - is to be implemented immediately, says the land affairs minister.
Nigeria will call an extraordinary meeting of Opec if crude oil prices slip any further, in a sign of growing alarm over the impact of oil's collapse on oil
Despite the welcome openness shown by Gauteng's premier, nothing short of a decision to mothball e-tolls will restore trust between the public and Sanral, says Outa.
Germany's biggest trade union, IG Metall, has agreed to a 3.4% wage increase for one year for the southwest region plus a one-off payment of €150.
Israel's state-owned electric company has briefly cut power to two Palestinian cities to press for payment of what it said was $492m owed.
Namibia is still waiting for R100m drought relief promised by President Jacob Zuma during his state visit in November 2013.
Cope says it is shocked that Gauteng premier David Makhura has not scrapped the much-opposed e-tolling system.