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
Business
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
SA Reserve Bank to list African Bank shares publicly.
Business Reporter. Photo: Supplied by African Bank. The South African Reserve Bank (SARB) says it is considering taking its African
Comair switches line maintenance of its airliners to SAA Technical.
By Lehlohonolo Lehana. Comair has announced that, as a pre-emptive precaution, it has transferred the line maintenance of its fleet
Oil Surges as Ukraine war tigthtens supply with Mideast tensions rising.
By Saket Sundria. Oil rose for a third straight day as the war in Ukraine neared the end of its
Prudential & Leapfrog to acquire strategic minority interest in Alexander Forbes.
By Lehlohonolo Lehana. Investment management firm Prudential Financial, in partnership with LeapFrog Investments, intends to acquire a strategic minority interest
Government to establish new investment company to help control its existing SOE’s.
By Lehlohonolo Lehana. President Cyril Ramaphosa says government plans to establish a centralised shareholding company to help control its existing
Eskom gives load shedding and outages forecast for 2023.
By Lehlohonolo Lehana. Embattled power utility expects running costs for its diesel-fed turbines, which are used to keep the lights
SARS launches list of financial terms in all 11 official languages.
By Lehlohonolo Lehana. South African Revenue Service (SARS) Commissioner, Edward Kieswetter, has committed the organisation to promoting the use of
RMI to return R36bn to shareholders and to list OUTsurance.
By Lehlohonolo Lehana. Rand Merchant Investment Holdings (RMI) says it will list its OUTsurance business in the next six to
British Airways and Kulula flights will start operating again tomorrow.
By Lehlohonolo Lehana. Comair CEO Glenn Orsmond listens to demands made by the National Union of Metalworkers of South Africa