McKinsey & Company’s African subsidiary, McKinsey Africa, has agreed to pay over $122 million to resolve a U.S. Department of Justice (DOJ) investigation into its involvement...
South Africa’s hospitality sector faces renewed challenges as business confidence in hotels and restaurants fell below its long-term average in the fourth quarter (Q4) of 2024,...
Google has announced the appointment of Kabelo Makwane, an experienced business and technology leader, as its new Country Director for South Africa. Makwane, who brings over...
South African businesses employing over 50 people are preparing for a significant shake-up as the Employment Equity Amendment Act (EEAA) comes into effect on January 1,...
In a landmark ruling, South Africa’s Supreme Court of Appeal (SCA) has ordered the release of the full forensic report into Steinhoff’s massive corporate fraud scandal....
The City of Johannesburg is embroiled in a two-year legal battle over the controversial appointment of City Manager Floyd Brink. The Gauteng High Court ruled his...
At the 11th South Africa-Nigeria Bi-National Commission in Cape Town, President Cyril Ramaphosa announced significant visa reforms to strengthen economic and diplomatic relations between the two...
In a landmark decision, South Africa’s High Court has blocked the government’s plan to procure 1,500 MW of new coal-fired power, citing constitutional concerns over public...
South Africa is preparing for a significant increase in carbon taxes, with rates set to rise by over 140% by 2030, alongside the phasing out of...
In a significant vote of confidence in South Africa’s reform agenda, Moody’s Investor Service has affirmed the country’s long-term foreign and local currency debt ratings at...