National Petroleum Company’s bold plan to secure SA’s energy security
One of its ambitions is to rebuild local fuel refining capacity, which has dwindled from 80% to 35% of refined fuel consumed in SA since […]
JSE issues cease and desist to Mantengu over share manipulation claims
Follows a criminal complaint by Mantengu Mining that its share price was manipulated downwards to disrupt its acquisition of Blue Ridge Platinum. From Moneyweb. The […]
Tariff lifeline for ArcelorMittal means higher prices for customers
‘Safeguard’ duties of 13% were imposed at the start of May to shield Amsa’s hot-rolled steel products from international competition. From Moneyweb. The International Trade […]
Tether, the world’s richest crypto company, moves into AI
Tether made more than $13bn in profits in 2024 with just 150 employees, more than BlackRock and on par with Goldman Sachs. Now, it is […]
R100bn Transformation Fund hopes to spend R20bn a year
But not everyone thinks it is a good idea – it’s far larger but also more complex than other institutions with similar aims of boosting […]
New employment code aims to address SA unemployment crisis
It allows greater flexibility for small business when it comes to worker dismissal. From Moneyweb. Recent amendments to the Code of Practice on Dismissals aims […]
Standard Bank must pay back the money
It paid out more than R2.1m from a deceased estate to a fake executor and tried to argue that it followed proper due diligence. The […]
Ranking post-94 SA presidents by their performance
Thabo Mbeki stands out as the best in terms of economic growth and fiscal management. Jacob Zuma and Cyril Ramaphosa have been terrible. From Moneyweb. […]
The price of ‘local is lekker’: Solar panels set to get more expensive
South Africa’s push for local manufacturing could mean higher costs for homeowners and businesses. From Moneyweb. The cost of renewables could be on its way […]
Afrimat slumps to 52-week low after profit warning
On expectations of 85-90% drop in earnings. From Moneyweb. Afrimat’s share price plunged more than 8% on Wednesday on news that earnings per share (EPS) is […]