Ntando Thukwana

South Africa’s government said it is closely collaborating with the Johannesburg Stock Exchange about listing the nation’s struggling state companies on the main bourse, with a view toward fostering investment.

The South African government increased its pay offer to public sector workers to 5.5% from 5%, as it seeks to end wage talks that began in September.

Billionaire-backed ArcelorMittal SA’s plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257 billion infrastructure boom to ransom.

South African central bank Governor Lesetja Kganyago warned that US protectionist policies may derail future interest-rate cuts by central banks if they turn out to be inflationary, though there are currently too many “moving parts” to be certain about the outlook.

(Bloomberg) -- South African Reserve Bank Governor Lesetja Kganyago warned that US protectionist policies could fuel inflation and risk derailing future interest-rate cuts, adding that there are currently too many “moving parts” to be certain about the outlook.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Di

For now, the industries that AMSA supplies are scrambling to either avert the closures or find alternatives. By Antony Sguazzin, Ntando Thukwana and Loni Prinsloo, Bloomberg

South African inflation quickened at a slower pace than expected in December, providing room for policymakers to cut interest rates later this month.

(Bloomberg) -- Billionaire-backed ArcelorMittal SA’s plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257 billion infrastructure boom to ransom. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityMayors Ch

South Africa’s Democratic Alliance declared a dispute with the nation’s coalition government, days after President Cyril Ramaphosa assented to a new law that will make it easier for the state to expropriate land.

(Bloomberg) -- South Africa's Democratic Alliance declared a dispute within the nation's coalition government, days after President Cyril Ramaphosa