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Month: January 2023

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Departing Tongaat Hulett CEO was handed a ‘poisoned chalice’

January 31, 2023 Ciaran Ryan 0

In his four years at the helm Gavin Hudson reduced the group’s debt by R6.5bn, but won’t be around to see the group emerge from […]

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Reprieve for Zimbabwean students denied school registration in SA

January 31, 2023 Ciaran Ryan 0

Following an urgent high court application. From Moneyweb. Children of Zimbabwe Exemption Permit (ZEP) holders won a reprieve late last week after the SA government […]

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South32 rejects claims that shutting its Hillside smelter would halve the cost of electricity in SA

January 31, 2023 Ciaran Ryan 0

The aluminium operation consumes about 5% of Eskom’s output. From Moneyweb. Eskom and South32 have hit back at claims that the power guzzling Hillside aluminium […]

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Luno to slash global headcount by 35% after crypto winter

January 31, 2023 Ciaran Ryan 0

This means over 300 jobs are on the line. From Moneyweb. Crypto exchange Luno says it will shave its global headcount by 35% in response […]

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New advertising rules require warning label over crypto investments

January 31, 2023 Ciaran Ryan 0

Must clearly state that investing in crypto may result in loss of capital. From Moneyweb. The Advertising Regulatory Board (ARB) has introduced new rules warning […]

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How load shedding is crippling municipalities

January 20, 2023 Ciaran Ryan 0

With eight hours or more of load shedding a day, many municipalities are headed for the woodchipper. From Moneyweb. With Stage 6 load shedding stretching […]

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SA house prices, measured in bitcoin, nearly doubled in 2022

January 19, 2023 Ciaran Ryan 0

These are volatile times … From Moneyweb. Bitcoin’s famed deflationary power took a hammering last year. One way to measure this is to look at […]

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It’s back to court for Zimbabwean children denied schooling in SA

January 18, 2023 Ciaran Ryan 0

Application says several have been denied registration at some schools due to the ‘uncertain’ legal status of the parents. From Moneyweb. In yet another case […]

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EOH announces R600m rights issue to ease crippling interest bill

January 18, 2023 Ciaran Ryan 0

This will save it about R100m a year in interest and free up cash for growth. From Moneyweb. Tech services group EOH says it will […]

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What’s behind Transnet’s ‘impasse’ with Gupta-linked locomotive supplier?

January 17, 2023 Ciaran Ryan 0

Says the Chinese company refuses to supply parts needed to repair close to 200 locomotives delivered as part of a tainted tender. From Moneyweb. Transnet […]

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