Business

Petrol industry association warns of steep fuel hikes unless government extends levy reprieve

Petrol industry association warns of steep fuel hikes unless government extends levy reprieve

Massmart will not be profitable as long as it keeps Game, analysts say

Walmart bought Massmart in 2011 and over the past 10 years the share price of the group has decreased by 80%.

Winter is here: Inflation, debt cools the economy

There is a lot bearing down on South African consumers and, without growth, the economy stands to decline

Explainer: Why it is difficult to mine in South Africa

The Fraser Institute's annual survey of mining companies is not entirely wrong, South Africa is a difficult place to mine, say analysts

Hackers infiltrate SA illicit financial flows conference with porn clip

The conference was attended by state agencies, blue- chip global and local non-governmental agencies and public accountability experts

Interdict threat over new Tendele coal mine in KwaZulu-Natal

Tendele Coal plans to open a new mine despite a court ruling that the licence was unlawfully granted

SAA sale is above board, says Gordhan

The public enterprises minister has said there have been deliberate attempts to undermine the transaction, which is aimed at rehabilitating the airline

More sabotage at Eskom as Hendrina power station cable is cut

Public Enterprises Minister Pravin Gordhan says the saboteurs are ‘obviously’ people working at facility

Reserve Bank hikes repo rate for fourth consecutive time amid inflation concerns

Economic and financial conditions are expected to remain more volatile for the foreseeable future, says central bank

Strike looms at Sars over 0% wage increase

The revenue collector says it is unable to offer its 12 479 staff any salary increase, leading Nehawu and others to announce strike action

Russia’s invasion of Ukraine could be firestarter of global economic woes

Developed countries could do much to help counterparts in the developing world weather the current storm

Ubank placed under curatorship effective immediately

Reserve Bank says depositors will still have access to money and the bank will be operational during the process

Eskom ramps up load-shedding to stage 4

Unit at Kusile power station trips, taking 720 megawatts of generating capacity with it.

Reserve Bank may hike interest rates by 50 bps on Thursday

This week a spotlight is shone on a potential interest rate hike, inflation statistics and retail trade sales

How far can you drive on R800 worth of fuel? In Libya – to Cape Town. And back. Twice.

Libya - along with Algeria, Angola and Nigeria top a list of countries where you can travel the furthest in Africa

From Joburg to Nairobi, soaring food prices are biting hard

African governments face civil unrest from people who are hungrier and poorer because of the pandemic, war in Ukraine, climate pressures on food systems and poor policy decisions

Eskom claws back control over ‘critical’ procurement

The treasury's relaxation of procurement rules will allow the state utility to attend to its ageing power stations far quicke

Will business come to the table for Cyril to meet his 100-day promise?

Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually have to be made for there to be any hope of real change
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