Sasol says ready to the meet government’s new fuel specifications but only in 2030

22 September 2021, 8:03 PM
Petrochemical giant Sasol says it's ready to meet government's new fuel specifications but only in 2030.
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Effects of July looting evident in depressed retail sales figures: Economist 15 September 2021, 4:52 PM

Economist at Econometrix Laura Campbell says the effects of the July looting and violence in KwaZulu-Natal and Gauteng are evident in the latest depressed retail sales figures.

China eases wheat quality terms for rain-hit French crops : Traders 15 September 2021, 3:50 PM

Chinese buyers have agreed to relax a key quality specification for upcoming shipments of French wheat in response to rain damage in France's harvest, traders familiar with the matter said.

Dollar drifts as soft inflation raises taper timing questions 15 September 2021, 7:55 AM

The dollar drifted within recent ranges against major peers on Wednesday after softer-than-expected US inflation raised doubts about a taper of Federal Reserve stimulus this year. 

US stocks close lower on worries over recovery, corporate tax hikes 15 September 2021, 2:41 AM

Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.

Limpopo premier welcomes SIU report into R15.3 million Talana Hostel tender 14 September 2021, 9:59 PM

Limpopo Premier Stan Mathabatha has welcomed the Special Investigating Unit's report on the R15.3 million tender for the provision of temporary accommodation structures at the Talana hostel in Tzaneen, Limpopo.

Mining production up by 4.1% 14 September 2021, 5:30 PM

Figures released by Statistics South Africa show that Mining production increased by 4.1% in July 2021 compared with June 2021. The largest positive contribution to the increase came from iron ore, platinum group metals, chromium ore and gold.    

Tender for Talana hostel in Tzaneen awarded fraudulently: SIU 14 September 2021, 5:21 PM

The Special Investigating Unit (SIU) says the R15.3 million tender for the provision of temporary accommodation structures at the Talana hostel in Tzaneen, Limpopo, was awarded fraudulently.

Money
‘R43 billion of unclaimed benefits sit in financial institutions because family members are not aware’ 14 September 2021, 4:16 PM

It is estimated there is R43 billion of unclaimed benefits in South Africa seating in financial institutions because family members are not aware were left behind by deceased relatives and friends.

Eskom employees safely rescued after Mabopane community held them hostage 14 September 2021, 7:58 AM

Eskom says all nine of its employees have been safely rescued after they were held hostage by the community in Mabopane, north of Pretoria last night

Global stock markets edge higher on US, European markets 14 September 2021, 12:42 AM

World stock markets edged higher on Monday as gains on Wall Street and European indexes pushed aside - for now - fears over inflation, regulation and higher corporate taxes.

Rea Vaya Operating Company PioTrans appeals to the City of Johannesburg to extend its contract 13 September 2021, 9:36 PM

The first Rea Vaya Bus Operating Company PioTrans is appealing to the City of Johannesburg to extend its contract when it ends in the beginning of 2023.

Government launches registration portal for businesses affected by unrest in KZN, Gauteng 13 September 2021, 9:01 PM

Government has launched a registration portal for the registration of businesses that were affected by the unrest which took place in July 2021 in KwaZulu-Natal, Gauteng and other affected areas in the country.

Trial of two men accused of R25 million fraud in Limpopo postponed 13 September 2021, 3:37 PM

The Specialised Commercial Crimes Court in Giyani, has again postponed the trial of Fhatuwani Mudzanani and Walter Mashau.

Uber back in Dutch court over driver ruling 13 September 2021, 1:00 PM

Uber will appeal a Dutch court ruling that drivers are employees of the company and not independent contractors that make use of its platform.

Businesses in Welkom suffering due to rampant cable theft leading to power cuts 13 September 2021, 12:50 PM

Several businesses in Welkom in the Free State are counting their losses following frequent power cuts caused by rampant cable theft in the area.

Oil rises to one-week high as US supply concerns dominate 13 September 2021, 12:42 PM

Oil rose on Monday, supported by concerns over shut output in the United States, the world's biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in coming months.

Government’s decision to ban sale of alcohol at weekends remains unclear: SALBA 13 September 2021, 9:47 AM

The South African Liquor Brand owners Association says the rationale behind government's decision to ban the sale of alcohol at weekends remains unclear.

Restaurant sector concerned about job losses despite easing of lockdown restrictions 13 September 2021, 8:04 AM

The Restaurant Association of South Africa (Rasa) says it is concerned that despite the changes that President Cyril Ramaphosa has announced in his address to the nation, the sector will continue to lose jobs.

US Treasury, financial industry discuss cryptocurrency ‘stablecoins’ 13 September 2021, 4:31 AM

 The US Treasury Department met with a number of industry participants this week to quiz them about the risks and benefits posed by stablecoins, a rapidly growing type of cryptocurrencies, the value of which is pegged to traditional currencies, according to three people with direct knowledge of the meetings.

Skyway Trails takes MTPA to court for overlooking skywalk project at God’s Window 12 September 2021, 9:29 PM

Skyway Trails is taking the Mpumalanga Tourism and Parks Agency (MTPA) to the Mpumalanga High Court for overlooking the skywalk project at God's Window.

Alcohol industry expects Ramaphosa to ease restrictions 12 September 2021, 2:13 PM

The National Liquor Trade Association says it is expecting President Cyril Ramaphosa to relax the restrictions placed on the alcohol industry when he addresses the nation on Sunday.

Toyota says it will fight US House electric vehicle tax plan 12 September 2021, 12:41 AM

Toyota Motor Corp (7203.T) said on Saturday that  it will sharply oppose a proposal by Democrats in the US. House of Representatives to give union-made electric vehicles in the United States an additional $4,500 tax incentive.

NSFAS calls on private sector to assist with funds for tertiary students 11 September 2021, 7:01 PM

The National Student Financial Aid Scheme (NSFAS) has called on the private sector to assist with funds for students in the tertiary sector.

Mpumalanga Tourism expo aims to revive industry amid COVID-19 pandemic 11 September 2021, 6:28 PM

Mpumalanga Tourism industry players are showcasing their establishments and products at the Mpumalanga tourism expo that is underway in Mbombela this weekend.

It will take a long time for SAA to regain its reputation: Analyst 11 September 2021, 8:10 AM

Aviation analyst Joachim Vermooten has warned that it will take a long time for South African Airways (SAA) to regain its reputation.

AFU in KZN obtains preservation order for assets belonging to Coinit Trading 10 September 2021, 6:00 PM

The Asset Forfeiture Unit in KwaZulu-Natal has obtained preservation orders to the value of about 48-point-nine-million rand from the Pietermaritzburg High Court relating to more assets belonging to Coinit Trading.

eThekwini on a drive to revive tourism sector following July unrest 10 September 2021, 4:05 PM

The eThekwini Municipality says efforts to revive its tourism sector following the devastation caused by the July unrest are slowly yielding positive results.

eThekwini Municipality to launch Tourism Month campaign 10 September 2021, 10:20 AM

With Tourism Month now well underway, workers at some of the popular tourist attractions in Cape Town are hoping that they will be able to keep their jobs and be able to provide for their families.

Wall Street closes down, European stocks end little-changed 10 September 2021, 1:13 AM

European stocks pared losses and Wall Street reversed earlier gains on Thursday as investors weighed uncertainty over central bank tapering and economic recovery due to the coronavirus Delta variant alongside strong US weekly jobless claims data.

Steinhoff faces liquidation court challenge 9 September 2021, 4:28 PM

Steinhoff is facing a liquidation challenge in the Western Cape High Court which has been brought forward by the former owners of shoe retailer, Tekkie Town.