Standard Bank completes R2.1bn Twizza deal
Standard Bank has completed the sale of South African soft drinks producer Twizza in a R2.1-billion deal. The bank’s business and commercial banking corporate... Read more.
Cyril Ramaphosa targets R2tn in investments by 2030
President Cyril Ramaphosa has set an ambitious R2-trillion investment target for South Africa over the next five years. This is essential to driving growth, cutting... Read more.
State leaves poor in the cold as paraffin prices jump
The government has announced a sharp increase in the price of illuminating paraffin, with a hefty rise of R11.67 on Wednesday. Low-income households generally use... Read more.
Godongwana, Mantashe announce fuel levy cut to cushion motorists
Minister of Finance Enoch Godongwana and Minister of Mineral and Petroleum Resources Gwede Mantashe have announced a temporary cut in the fuel levy ahead of the... Read more.
Farming sector urges fuel pricing reform as it threatens sector
The agricultural sector is proposing that the government should urgently amend its fuel price adjustment policy. AgriSA and Agbiz want the Department of Mineral... Read more.
Gauteng association increases taxi fares amid high fuel costs
Anticipated fuel price increases this week have sparked anxiety among commuters and transport operators alike as taxi fares increase. The Gauteng-based Randfontein... Read more.
Vehicles torched amid protest against Nigerian ‘king’ in Eastern Cape
The protest against the coronation of a Nigerian king in kuGumbo in Eastern Cape has taken a sour turn as protestors torched vehicles allegedly belonging to foreign... Read more.
Standard Bank still determined on disposal of Chinese joint venture
Banking giant Standard Bank Group has reiterated its desire to sell its 40% stake in the UK-based joint-venture with the Industrial and Commercial Bank of China... Read more.
SCA orders Sekunjalo to repay R459m to SACTWU
The Supreme Court of Appeal has ruled that Sekunjalo Independent Media must repay about R459 million to the Southern African Clothing and Textile Workers’ Union... Read more.
Experts expect Reserve Bank to hold rates as oil shock increases
The monetary policy committee (MPC) is expected to keep interest rates on hold as committee members weigh a growing global oil shock against domestic inflation,... Read more.
