The interim interdict issued on 26 March by Durban High Court Acting Judge Perlene Bramdhew has a return date at the end of ...

The chief of ArcelorMittal SA’s South African unit said its second-biggest shareholder, the Industrial Development Corp., is ...

Teacher assistants will receive a monthly stipend of R4,000 for the duration of their six-month employment contract.

South Africa takes a pivotal role in global business policy as it unveils eight Task Forces for the G20, aiming to deliver ...

The Industrial Development Corporation (IDC) is seeking to increase its stake in primary steel producer ArcelorMittal South Africa (Amsa), after injecting a R1.683bn to delay the wind down of Amsa's ...

ArcelorMittal SA secures a R1.7-billion bailout from the IDC, delaying its closure until August 2025 and saving 3,500 jobs.

ArcelorMittal’s South African unit will postpone the planned closure of two key steel mills by six months after a local state ...

ArcelorMittal South Africa has received a R1.7 billion bailout from the state-owned Industrial Development Corporation ...

It’s good news, for now, as ArcelorMittal SA and its off-again, on-again plight improves thanks to financial support.

This also means that ArcelorMittal will not shed 3 500 jobs anymore and that downstream jobs will also be saved.

We do need to focus on the tariffs but we should not ignore other essential interventions for the long-term growth of local ...

(Bloomberg) -- ArcelorMittal SA’s South African unit will postpone the planned closure of two key steel mills by six months after a local state development-finance institution agreed to provide a ...