FITA granted permission to appeal tobacco sales ban

9 July 2020, 7:28 PM
The High Court in Pretoria has granted the Fair Trade Independent Tobacco Association (FITA) permission to appeal government’s ban on the sale of cigarettes during lockdown. The application will be heard on July 15.
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Ramaphosa on drive to spur economic growth 5 September 2018, 8:54 AM

President Cyril Ramaphosa will continue his investment drive on Wednesday after concluding his state visit to China and participating in the Forum on China-Africa Co-operation.

SA economy ‘will bounce back’: Nene 5 September 2018, 7:39 AM

Finance Minister Nhlanhla Nene has given the assurance that the measures that are in place will make it possible for the economy to bounce back.

Economist warns of massive petrol hike 5 September 2018, 6:26 AM

Economist Azar Jammine has warned that a massive petrol hike will be inevitable in the coming months.

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Amazon goes from books to a trillion-dollar valuation 4 September 2018, 7:49 PM

Amazon's journey from an online bookseller started in a garage to a global e-commerce powerhouse valued at a trillion dollars has centered on obsession with the long road.

Three artisan miners
Kimberley artisanal miners identify new mining areas 4 September 2018, 6:46 PM

Artisanal miners in the Kimberley area are discovering new areas to mine on.

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SABC communicates its 2017/18 financial statements following its AGM 4 September 2018, 5:48 PM

The SABC has held its Annual General Meeting on Tuesday to communicate its 2017/18 financial statements.

Nomvula Mokonyane
SABC granted borrowing limits from Treasury 4 September 2018, 3:23 PM

Communications Minister Nomvula Mokonyane has announced that the SABC has been granted the ability to seek a granted a borrowing limit of R1.2 billion with banks.

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Analysts advise South African’s to spend wisely following recession 4 September 2018, 1:51 PM

Analysts have advised South Africans to cut down on spending in order to survive the economic recession.

South Africa in recession for first time since 2009, rand slumps 4 September 2018, 12:21 PM

South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow to President Cyril Ramaphosa's efforts to revive the economy after a decade of stagnation.

SA rand slips as investors await GDP data 4 September 2018, 9:16 AM

South Africa's rand slipped early on Tuesday, as investors waited for second-quarter gross domestic product (GDP) figures due out later in the day.

Petrol set to go up by 5 cents 4 September 2018, 9:16 AM

The Department of Energy says government's effort to intervene to keep the fuel price down is a once-off aimed at giving consumers slight relief.

US oil prices rise as Gulf oil rigs evacuated ahead of hurricane 4 September 2018, 6:34 AM

US oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane.

Solidarity to intensify Sasol strike over black staff scheme 4 September 2018, 6:07 AM

Trade union Solidarity says its members at the petrochemicals firm Sasol will embark on a three-week strike starting on Thursday.

Metrorail welcomes probe into alleged maladministration 4 September 2018, 5:51 AM

Metrorail authorities have pledged to co-operate with Public Protector Busisiwe Mkhwebane's investigation into alleged maladministration at the commuter rail agency.

Workers leave Lonmin's Karee mine at the end of their shift, outside Rustenburg, northwest of Johannesburg July 29, 2015.
Lonmin’s largest shareholder backs takeover by Sibanye-Stillwater 3 September 2018, 7:45 PM

South Africa’s Public Investment Corporation (PIC) said it will support a takeover of platinum producer Lonmin by precious metals producer Sibanye-Stillwater.

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Absa PMI falls to 13-month low in August 3 September 2018, 7:20 PM

South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell to 13-month low in August driven by large declines in new sales and business activity, a survey showed on Monday.

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Petrol price to increase by five cents this Wednesday 3 September 2018, 6:35 PM

The price of petrol will rise by 5 cents a litre, with government absorbing most of September’s fuel price increase.

Pedestrians walk past a mobile phone care centre operated by Kenyan's telecom operator Safaricom in the central business district of Kenya's capital Nairobi, May 11, 2016.
Safaricom faces $4.5 mln fine for failing to connect small firms 3 September 2018, 4:45 PM

Kenya’s biggest telecoms operator Safaricom faces a fine of around $4.5 million for failing to connect calls made to smaller firms, according to company and regulatory documents reviewed by Reuters.

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SABC looks to overcome financial difficulties 3 September 2018, 4:35 PM

The SABC says although it's in a difficult financial position, it has not made any decision on job cuts.

President Cyril Ramaphosa speaking at the Forum
China relationship with Africa has no conditions: Xi 3 September 2018, 3:24 PM

President Cyril Ramaphosa says the Forum on China-Africa Cooperation has managed to the dispel notion that the world's second biggest economy is on a drive to recolonize Africa.

China’s Xi says no to Africa “vanity projects” as hosts major summit 3 September 2018, 10:47 AM

Chinese President Xi Jinping said at a business forum before the start of a triennial China Africa summit their friendship was time-honored and that China’s investment in Africa came with no political strings attached.

Rand weaker as risk aversion grips investors 3 September 2018, 9:28 AM

The rand opened half a percent lower on Monday as demand for emerging market currencies weakened, with investors buying dollars on expectations the Federal Reserve will keep raising interest rates...

Sasol faces shutdown over black empowerment scheme 3 September 2018, 8:30 AM

Union Solidarity has threatened a total shutdown on Sasol if the company doeas not include white staff in share scheme ownership.

President Cyril Ramaphosa standing with Xi Jingpin
Spotlight on investment, tourism at China-Africa forum 3 September 2018, 6:31 AM

President Cyril Ramaphosa and his Chinese counterpart Xi Jingpin will co-chair the third Forum on China-Africa Corporation starting in Beijing on Monday morning.

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Insurance implications for dual citizen 3 September 2018, 1:07 AM

Recently the issue of wealthy South Africans seeking dual citizenship or residency has been in the spotlight.

Xi Jingping and Cyril Ramaphosa
SA, China sign five bilateral agreements 2 September 2018, 5:01 PM

South Africa and China have signed five bilateral agreements during President Cyril Ramaphosa's State Visit to Beijing earlier Sunday afternoon.

Women-owned businesses in KZN receive R1.2 million 2 September 2018, 3:28 PM

Small and emerging women-owned businesses in uMsinga in the KwaZulu-Natal Midlands have been given a shot in the arm.

Solidarity to begin strike at Sasol on Monday 2 September 2018, 1:15 PM

South Africa's mainly white Solidarity union will begin a strike on Monday at petrochemicals firm Sasol over a share ownership scheme offered exclusively for black staff.

SA, China to sign more trade, investment agreements 2 September 2018, 7:32 AM

President Cyril Ramaphosa has told Chinese business people that policy certainty will go a long way in helping South Africa become an attractive investment destination.

MTN affair casts shadow over Nigeria economy: analysts 2 September 2018, 7:10 AM

Nigeria's decision to order South African telecoms giant MTN to repay billions of dollars that it had allegedly illegally repatriated over a period of eight years could sour investor sentiment towards the country...