SARB celebrates 100 years after issuing of first banknote.
Business Reporter. The South African Reserve Bank (SARB) says Tuesday, April 19, 2022 marks 100 years since it issued its first banknotes. The banknotes were […]
Business
RMB boss urges government to scrap local content rules on renewable energy.
By Lehlohonolo Lehana RMB chief executive James Formby has warned that South Africa’s localisation rules are making renewable energy more
Stage 6 load shedding is unlikely to occur this week |Eskom.
By Lehlohonolo Lehana. Eskom chief executive Andre De Ruyter says South Africa faces a bleak energy outlook, with load shedding
Twitter adopts ‘poison pill’ defense in Musk takeover bid.
Business Reporter. @GettyImages. (Bloomberg) – Twitter has brought on a second investment bank, JPMorgan Chase & Co. to help it
Digital adoption on the rise for major banks in the country |Study.
By Lehlohonolo Lehana. South Africa’s major banks are increasingly leveraging existing non-bank infrastructure to broaden their customer reach in an
CEF data points to a slight reprieve for motorists in May.
By Lehlohonolo Lehana. Mid-month data from the Central Energy fund points to a slight reprieve for petrol users in May
Elon Musk launches R630-billion Twitter hostile takeover.
Business Reporter. (Bloomberg) – Elon Musk has made a “best and final” offer to buy Twitter, saying the company has
Mr Price signs R3.3bn deal to take control of fashion group Studio 88.
Business Reporter. Retailer Mr Price says it has entered into a transaction agreement to acquire 70% of Blue Falcon, which
Oil back above $100 as Vladimir Putin vows to continue war.
Business Reporter. (Bloomberg) – Oil steadied in Asia after rallying back above $100 a barrel as Russian President Vladimir Putin
Sasol abandons South African pipeline project in favor of LNG imports.
Business Reporter. (Bloomberg) – Sasol will no longer consider gas supply from a planned pipeline stretching from fields in northern
SARB warns consumer prices for food and transport could rise.
By Lehlohonolo Lehana. Domestic inflation could surprise higher in the coming months if the hostilities in Ukraine continue to intensify
Heavy rain combined with system outages contributed to load shedding| De Ruyter.
By Lehlohonolo Lehana. Eskom says that the risk of continued load shedding remains high for the rest of the week,