BAT SA downsizes as illicit cigarette trade hits record highs
The company says illicit sales now make up 70% of SA’s cigarette market. From Moneyweb. BAT South Africa (Batsa) has scaled back its delivery supply […]
Illicit cigarettes account for nearly 60% of the SA market
It was 5% in 2009 – then came the gutting of Sars under Tom Moyane and the devastating impact of the Covid ban on cigarette […]
RBCT reopens coal exports to Optimum Coal
The first shipments are likely in April following an agreement between the two parties. From Moneyweb. Richards Bay Coal Terminal (RBCT) and Liberty Coal, new […]
Home Affairs blocked from deporting ‘critical skills’ Czech executive
By its own admission, the department loses most of its court cases – the costs of which are borne by the taxpayer. From Moneyweb. The […]
Philip Morris is saying goodbye to cigarettes
Maker of the world’s most famous brand, Marlboro, is betting its future on smoke-free alternatives to cigarettes. From Moneyweb. Philip Morris International, the world’s largest […]
Pebble bed nuclear reactor gets a reboot
Shut down during the Zuma years, it’s back – with the first reactor to be built near Cape Town or Pretoria. From Moneyweb. The Pebble […]
Transnet’s plan to attract rail investment misses the mark
It could increase freight costs for some miners by 65%, and then there’s the question of what to do about rampant cable theft. From Moneyweb. […]
FIC tells sluggish lawyers, estate agents to ‘ramp up’ compliance
They are holding up SA’s removal from the Financial Action Task Force grey list, and the Financial Intelligence Centre is about to get tough. From […]
Clynton Marks fails in bid to have MTI liquidators removed
Marks has a claim of R135m against the collapsed bitcoin scheme of which he claims to be a 50% shareholder. From Moneyweb. One of the […]
SA coal miners count the costs of Transnet and Eskom failures
Exxaro’s results would have been a lot better if these two state-owned companies were fixed, and echoes of this can be expected when Thungela reports […]