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Merafe Resources has withdrawn its retrenchment notice after a breakthrough on electricity pricing for the ferrochrome industry.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.
Court orders eviction, demolition of unlawful Pretoria building
The Pretoria High Court has ordered that all people living in an unlawfully constructed building in Pretoria West must vacate the premises, paving the way for its... Read more.
RMH CEO Brian Roberts jumps ship as interim results show revenue drop
RMB Holdings (RMH) chief executive Brian Roberts has resigned amid the release of weaker interim financial results. RMH had transitioned into a property investment... Read more.
