Liam Jacobs makes political U-turn to DA ahead of local government elections
Patriotic Alliance (PA) Johannesburg councillor Liam Jacobs had made a political about-turn to the Democratic Alliance ahead of the local elections after dumping... Read more.
AECI appoints former Reunert chief Ernest Dickson as group CEO
Industrial and chemicals group African Explosives and Chemical Industries (AECI) has appointed former Reunert Limited chief executive Ernest Dickson as its new group... Read more.
Petrol price rises, diesel goes down as government cuts fuel levy
There is yet another blow at the pumps as government fuel levy relief is reduced while petrol prices continue to climb. The general fuel levy relief has been cut... Read more.
Fuel hikes reshape driving behaviour as motorists tighten budgets
More people are driving less and buying less fuel as consecutive price hikes squeeze household budgets amid the Middle East war. This is according to recent data... Read more.
Merafe withdraws notice to retrench 3K workers after Nersa grants power tariff relief
Merafe Resources has withdrawn its retrenchment notice after a breakthrough on electricity pricing for the ferrochrome industry. Through the Glencore-Merafe Chrome... Read more.
Joburg’s R8.9bn capital expenditure ‘inadequate’
The City of Joburg’s capital expenditure budget has come under scrutiny, with concerns that low infrastructure investment and rising financial pressure could undermine... Read more.
Microloans keep food on the table
South Africans are increasingly turning to short-term microloans to pay for essentials such as food, rent and transport, as more employed people find that their... Read more.
Life Healthcare reports resilient performance, boosts payout
Life Healthcare Group has reported a modest increase in revenue and earnings for the six months ended March 31 recording 2.4% increase in revenue to R12.4-billion.... Read more.
SARB lifts interest rate by 25 basis points to 7% as oil shock fuels inflation risks
South Africans are set to face higher debt repayments after the South African Reserve Bank (SARB) increased the repo rate by 25 basis points to 7%, with effect from... Read more.
Cosatu warns interest rate hike would punish workers amid oil price surge
The labour federation Cosatu has urged the South African Reserve Bank not to raise interest rates. The reserve bank’s monetary policy committee is expected... Read more.
