by Ciaran Ryan | Mar 14, 2024 | Uncategorized
A deal is still possible, provided Optimum meets the coal terminal’s internal governance procedures. From Moneyweb. Optimum Coal has been in dispute with Richards Bay Coal Terminal since 2018 over several issues. Image: Supplied Richards Bay Coal Terminal (RBCT) has...
by Ciaran Ryan | Mar 6, 2024 | Uncategorized
Focusing instead on the top politicians and entities involved in corruption or serious human rights abuses. From Moneyweb. The partial lifting of sanctions is not due to an improvement in conditions in Zimbabwe, but rather a change in strategy by the US. Image:...
by Ciaran Ryan | Mar 6, 2024 | Uncategorized
New owner blames competitors who are fellow shareholders in the coal terminal. From Moneyweb. Liberty Coal says the mine is dependent on its ability to export coal and until the issue is resolved, its future – along with thousands of jobs – is ‘perilous’. Image: Waldo...
by Ciaran Ryan | Mar 4, 2024 | Uncategorized
Gag order awarded by Johannesburg court against Zimbabwean journalist for questioning the quality of food produced by Zimbabwe’s Innscor. From Moneyweb. Rutendo Matinyarare says Innscor took over meat producer Colcom and introduced genetically-modified feeds,...
by Ciaran Ryan | Mar 2, 2024 | Uncategorized
Part-privatisation of SA’s busiest container terminal moves a step closer. From Moneyweb. Durban Container Terminal Pier 2 handles 72% of Durban Port’s traffic and 46% of SA’s import and export traffic. Image: Supplied State-owned logistics and port operator...
by Ciaran Ryan | Mar 2, 2024 | Uncategorized
Suit launched in August seeks remedies for tens of thousands of affected coal miners. From Moneyweb. The mining companies allegedly knew of the dangers posed to miners by coal dust but failed to protect them from toxic levels of exposure. Image: Emmanuel...
by Ciaran Ryan | Mar 2, 2024 | Uncategorized
The US dollar all-time high is also within reach. From Moneyweb. Bitcoin has seen a gain of 314% in rands in a little over a year. Image: Shutterstock Bitcoin smashed its previous rand high of R1.06 million to trade at R1.18 million within the last 24 hours on the...
by Ciaran Ryan | Mar 2, 2024 | Uncategorized
Financial Sector Conduct Authority found serious violations of the Financial Intelligence Centre Act. From Moneyweb. It is ‘especially important’ for such institutions to ‘demonstrate an elevated level of vigilance when managing their financial crime risks’ says the...
by Ciaran Ryan | Mar 2, 2024 | Uncategorized
The banking and financial services group says the R4.87bn damages claims have no merit and will be defended. From Moneyweb. Sasfin CEO Michael Sassoon says it is unjust for banks to be held liable ‘for taxes that their clients have failed to pay’. Image: Moneyweb The...
by Ciaran Ryan | Mar 2, 2024 | Uncategorized
Buyers will need strong faith in the chemicals and energy markets in which the group operates. From Moneyweb. Sasol is grabbing the attention of investors and analysts, but the road to recovery is likely to be long and hard. Image: Sasol It’s clear that Sasol is not...