# DRDGold has reported a 26-percent increase in revenue for the year ending in June, reaching eight-billion-rand, driven by a 31-percent rise in the rand gold price. Earnings per share are expected to grow by up to 74-percent compared with last year. The company produced over 155-thousand ounces of gold, and operating costs went up […]
# Deputy president Paul Mashatile has praised the automotive manufacturing sector’s vital contribution to South Africa’s GDP. Speaking at the National Association of Automotive Component and Allied Manufacturers Show, in Gqeberha, Eastern Cape, Mashatile reaffirmed the government’s support for domestic component manufacturing, which employs over 80-thousand people. Mashatile outlined opportunities in localisation and transformation, including […]
# According to Statistics South Africa, retail trade sales rose by 1.6-percent year-on-year in June, driven mainly by strong sales in textiles, clothing, footwear, leather goods, hardware, paint and glass. Stats SA’s Raquel Floris says on a quarterly basis, seasonally adjusted sales increased by 0.9-percent, while food, beverages, and tobacco retailers recorded the biggest decline […]
# Small Business Development minister Stella Ndabeni-Abrahams has called on cooperatives and entrepreneurs to participate in the National Dialogue’s first phase in Pretoria starting tomorrow. This follows withdrawals by legacy foundations, including the Thabo Mbeki and FW de Klerk Foundations, and groups like AfriForum and Solidarity over funding and transparency concerns. She told the SABC […]
# Die Suid-Afrikaanse Suikerrietkwekersvereniging versoek die minister van Handel, Nywerheid en Mededinging, Parks Tau, om die regulasies te finaliseer wat kleinhandelaars, voedsel- en drankvervaardigers, meulenaars en produsente sal toelaat om gesamentlik te onderhandel oor die aankoop van hoofsaaklik plaaslike suiker. Die suikerbedryf ondervind ‘n beduidende bedreiging oor die tariewe van 30-persent wat op suikeruitvoere na […]
# Die adjunkminister van Elektrisiteit en Energie, Samantha Graham-Maré, sê sakeondernemings het nou meer geleenthede om in energie-doeltreffende maatreëls te belê. Dit volg nadat die Artikel 12L-belastingaansporing wat op 31 Desember sou verstryk, met vyf jaar verleng is tot Desember 2030. Graham-Maré sê die aftrekking vir energie-doeltreffende besparings spoor ondernemings aan om in hierdie maatreëls […]
# SA Canegrowers is urging Trade, Industry and Competition minister Parks Tau to finalise the regulations that will allow retailers, food and beverage manufacturers, millers and growers to collectively negotiate about purchasing mainly local sugar. The country’s sugar industry faces a significant threat from the 30-percent tariffs imposed on sugar exports to the United States. […]
# Deputy minister of Electricity and Energy, Samantha Graham-Maré, says businesses now have more opportunities to invest in energy efficiency measures. This as the Section 12L Tax Incentive, which was originally set to expire on the 31st of December, has been extended by five years to December 2030. Graham-Maré says the deduction for Energy-Efficiency Savings […]
# Die Referendum-party sê die DA se jongste ekonomiese plan kan werk, maar hy glo nie dit sal nasionaal deurgevoer word terwyl die ANC die regering van nasionale eenheid beheer nie. Die plan stel ‘n aantal ononderhandelbare eise vir hervorming wat die ekonomie ‘n hupstoot sal gee en werkgeleenthede sal skep – insluitend die verwydering […]