Tag: South Africa
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AngloGold to switch primary listing to US as has “outgrown” South Africa
Gold miner AngloGold Ashanti will move its primary listing to New York from Johannesburg in a bid to access a deeper pool of investors and reduce...
South Africa fights to keep phone networks up as lights go out
On a recent Friday morning north of Johannesburg, the head of South Africa's largest telecoms company surveyed the arsenal of backup systems keeping just...
South Africa collects $94 billion in taxes in 2022/23 fiscal year
South Africa collected 1.686 trillion rand ($94 billion) in tax revenue for the fiscal year that ended on March 31, falling just shy of...
South Africa’s economy at risk of stagnation, says IMF
South Africa's economy is at risk of stagnating this year as the country's electricity crisis continues to cause regular power cuts, the IMF warned...
S&P downgrades South Africa’s outlook as power crisis weighs
S&P Global late Wednesday downgraded its outlook on South Africa to "stable" from "positive", citing infrastructure constraints and a severe power crisis.
South Africa's economy...
