Nersa awards a private company licence to sell energy directly to customers.
By Lehlohonolo Lehana. The National Energy Regulator of South Africa has awarded a private electricity trading licence for the first
Business
Absa Bank appoints Arrie Rautenbach as the new Chief Executive Officer.
By Lehlohonolo Lehana. @ABSA. Financial services firm Absa has appointed Arrie Rautenbach as chief executive officer (CEO) and executive director
Oil falls below $100 as Russia signals de-escalation in Ukraine.
Business Reporter. Oil slumped as Russia said it was taking steps to “de-escalate” the conflict in Ukraine, while floating the
Tiger Brands’ Venture Capital Fund makes first investment in Herbivore Earthfoods.
Business Reporter. Tiger Brands’ Venture Capital Fund has made its first investment in Herbivore Earthfoods, a Cape Town-based business specialising
Discovery Health Medical Scheme to defer its 2022 price increases.
By Lehlohonolo Lehana. Discovery Health Medical Scheme, the country’s largest private medical aid scheme, has announced that it will defer
SA Reserve Bank hikes interest rates again as inflation soars.
By Lehlohonolo Lehana. The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to raise the repo rate to
SAB to invest R920m in its Prospecton and Ibhayi breweries.
By Lehlohonolo Lehana. The SAB head office in Johannesburg. SAB, now controlled by Belgian-based global brewing giant AB InBev, is
Government in talks to cushion the impact of record of fuel price hikes.
By Lehlohonolo Lehana. Finance minister Enoch Godongwana says the government is in talks to cushion the impact of record petrol
Netflix commits over R900 million to SA’s film and TV industry.
By Lehlohonolo Lehana. Netflix has pledged over R900 million at the 4th Annual South African Investment Conference as a contribution
Tax hikes on the cards to raise funding for other social programmes.
By Lehlohonolo Lehana. Any large permanent increases in spending, such as a new basic income grant, cannot be accommodated without
Government plans to ‘localise’ petrol to lower costs.
Business Reporter. One of the only ways that South Africa can reliably lower the cost of fuel is by localising
Economists warn South Africans to expect higher interest rates.
By Lehlohonolo Lehana. The South African Reserve Bank is likely to hike interest rates by a further 25 basis points