Category: BUSINESS
Government scraps unpaid e-toll debt, SANRAL ends collections
Cabinet has approved that all outstanding and unpaid e-toll debt be written off and the National Roads Agency, SANRAL will not pursue any further collection of historical E-toll debt. Road
Read MoreGovt committed to sound public finances following Fitch’s BB rating
Government says it remains committed to sound public finances and to implementing structural reforms that will support higher and more inclusive economic growth. Its comments come after Fitch’s decision to
Read MoreNo arrests made following seizure of suspected cocaine: Hawks
The Directorate for Priority Crime Investigation, the Hawks, says no arrests have been made following the seizure of suspected cocaine at the Port of Durban. The drugs, weighing approximately 90
Read MoreSARS intercepts suspected cocaine shipment at Port of Durban
The South African Revenue Service (SARS) has intercepted a consignment suspected to contain cocaine at the Port of Durban. SARS says the shipment, of about 90 large bricks of the
Read MoreAirline chiefs grapple with fuel shock, fare test at Rio summit – SABC News
Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry’s post-pandemic recovery, as the Iran war drives up fuel costs and disrupts
Read MoreProperty market sees rise in criminal activity: Smee
CEO of Only Realty Property Group Grant Smee says there is an uptick in criminal activity within the property market. He says this is due to the complex nature of
Read MoreFitch’s decision to upgrade SA ‘not surprising’: Economist
Nedbank Senior Economist Isaac Matshego says rating agency Fitch’s decision to upgrade South Africa is not a surprise. The rating agency upgraded SA’s long-term currency credit rating from BB- to
Read MoreFitch upgrades South Africa’s credit rating after 21 years
Rating agency Fitch has upgraded South Africa’s long-term currency credit rating from double-B-minus to double-B, and the outlook remains stable. This marks Fitch’s first rating upgrade for the country in
Read MoreYen hits key 160 level for third session, dollar buoyed by Gulf woes – SABC News
The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel
Read MoreSARB launches inaugural Tito Mboweni Memorial Lecture in Cape Town – SABC News
The late former governor of the South African Reserve Bank (SARB) Tito Mboweni has been described as a courageous and independent leader who helped shape the country’s economy. The bank
Read More