Category: BUSINESS
Diesel and petrol see significant price increase – SABC News
Motorists can expect to pay more at the pump with fuel prices set to increase from midnight. The Department of Minerals and Petroleum Resources has announced that the price of
Read MorePMI figures show manufacturing sector still under strain – SABC News
The manufacturing sector continues to show signs of strain. According to the ABSA Purchasing Manager’s Index, headline PMI contracted for the eighth consecutive month. The index, which measures the health of the
Read MoreAfDB approves over R8 bln loan for SA’s infrastructure green growth – SABC News
The African Development Bank (AfDB) has approved a loan worth over $470 million (R8.26 billion) for South Africa’s Infrastructure Governance and Green Growth Programme. The bank says this is an
Read MoreMunicipalities owe Eskom over R90 billion: Ramokgopa – SABC News
Electricity and Energy Minister Doctor Kgosientsho Ramokgopa says municipalities owe Eskom more than R90 billion. He says the figure stood at R94 billion between January and March this year. Related
Read MoreSA seeks extension of Trump tariff deadline to pursue trade deal – SABC News
South Africa has asked for more time to negotiate a trade deal with US President Donald Trump’s administration before his higher tariff regime goes into effect on July 9, the
Read MoreTesla sales drop over 60% in Sweden and Denmark – SABC News
Tesla’s sales dropped for a sixth straight month in Sweden and Denmark in June, underscoring the challenges the EV-maker faces as competitors gain market share and CEO Elon Musk’s popularity
Read MoreRise in zero-rated food prices affecting school feeding: Association – SABC News
The National School Nutrition Programme Service Providers’ Association has expressed concern on the rising prices of zero-rated food items. It says the situation has complicated its ability to supply food
Read MoreTwo former Transnet executives in court over alleged R93 mln fraud – SABC News
Two former Transnet executives are appearing in the Palm Ridge Magistrate’s Court, in Ekurhuleni after handing themselves over to police this morning. Their appearance is linked to an alleged fraudulent
Read MoreMbombela expecting economic boom from Innibos Festival – SABC News
Businesses in Mpumalanga are gearing up for the Innibos National Art Festival to be held in Mbombela this week. The annual festival is known for attracting thousands of visitors to
Read MoreLamola leads SA delegation Seville Development Summit in Spain – SABC News
Minister of International Relations and Cooperation Ronald Lamola will lead South Africa’s delegation to the 4th International Conference on the Financing for Development Summit that is taking place in Seville,
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