Natascha Viljoen announces her resignation from Amplats.
By Lehlohonolo Lehana. Anglo American Platinum CEO Natascha Viljoen will step down from the Anglo group to join the US-based
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March is likely to bring another big petrol price hike.
Business Reporter. Mid-month data from the Central Energy Fund (CEF) points to pain at the pumps in March 2023 for
Daniel Mminele leaves Alexforbes to become Nedbank chair.
By Ntando Thukwana. Nedbank has appointed outgoing chair of Alexforbes, Daniel Mminele, as an independent non-executive director and chairperson-designate. Mminele’s
South Africa could face rating downgrades due prolonged electricity cuts.
By Lehlohonolo Lehana. Ratings agency Fitch have issued a stern warning of South Africa’s deteriorating risk profile due to the impact
DA says its improper to appoint SABC employee as an Interim Board Chair.
By Lehlohonolo Lehana. SABC group chief executive officer (GCEO) Madoda Mxakwe has been designated as the board chairperson of the
South Africa on the cusp of R18 billion green hydrogen boom.
Business Reporter. South Africa may be poised to be a global hotspot for both the mobile and stationary battery storage
Telkom to retrench 15% of its employees across the company.
By Lehlohonolo Lehana. Telecommunications group Telkom said on Tuesday it would begin workplace consultations on internal restructuring that is expected
Rand slides as rating agency Moody’s flags risks and dollar gains.
Business Reporter. The rand slid on Monday, after ratings agency Moody’s flagged risks from crippling power cuts and as the
Massive petrol price hike expected for March |Economists.
Business Reporter. Economists from the Bureau for Economic Research (BER) say that a weak rand and rising global oil prices
Health-tax hikes threaten thousands of sugar jobs in South Africa.
By Prinesha Naidoo. South Africa’s sugar industry risks losing as much as 16% of its cane-growing area and more than a
Self-generation of power seen as mitigating of SA’s energy crisis |Economist.
By Prinesha Naidoo. Self-generation of electricity by South African businesses and households is likely to reduce rolling blackouts without compromising
Pick n Pay is spending R60m on diesel a month to power stores.
Business Reporter. Photo Credit: Karin Schermbrucker. Grocery retail chain Pick n Pay says it spent nearly R60 million on diesel