Category: BUSINESS
Petrol price set to increase, diesel to drop on Wednesday
The Mineral and Petroleum Resources Department has announced the fuel adjustments for June, with petrol and diesel prices moving in opposite directions. The new fuel prices come into effect from
Read MoreMusina cross-border shopping hub driven by lower prices, better value – SABC News
Many nationals from neighbouring countries say lower prices, better value, and quality of products in South Africa entice them to come to the country to buy essential goods. The border
Read MoreSA forges new economic path as BRICS-Plus trade agenda takes shape – SABC News
South Africa is actively drawing up new economic blueprints as it seeks to expand trade and investment within the newly enlarged BRICS-plus framework. The South African Chapter of the BRICS
Read MoreMetrobus to reduce services from Monday due to fuel hikes
Johannesburg’s Metrobus is to reduce its services from Monday due to financial constraints and the rise in diesel costs. In a notice to commuters, the bus service says it has
Read MoreRating upgrades make SA more attractive for investment: Ramaphosa
ANC President Cyril Ramaphosa has welcomed South Africa’s sovereign credit rating by global rating agencies Moody’s and Standard & Poor (S&P)as good news for the country. He was speaking to SABC
Read MoreBiovac expansion to boost vaccine production and create skilled jobs – SABC News
The Department of Trade and Industry says the expansion project to build Africa’s first end-to-end multi-vaccine manufacturing site at the South African vaccine manufacturer Biovac’s plant in Cape Town, can
Read MoreS&P maintains SA’s BB rating, keeps positive outlook
Global ratings agency, S&P has maintained the South Africa’s sovereign credit rating at double-B, keeping its outlook positive. The agency expects improved tax collections and strict spending controls to speed
Read MoreR179 million in support approved for qualifying spaza shops
Government has announced that municipalities in all nine provinces around the country have registered 82 000 spaza shops. It has stressed that traders must ensure they meet the licensing requirements
Read MoreLocal operations stable despite looming changes: Shell
Shell Downstream South Africa has assured the public that its local operations remain stable, despite looming changes. Country chair Aluwani Museisi gave an update following global supply disruptions triggered by
Read MoreSADC urges more investment from the African continent
Southern African Development Community (SADC) Executive Secretary Elias Magosi says the region will continue backing efforts to unlock Africa’s vast economic potential. He was speaking on the sidelines of the
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