# The Department of Mineral and Petroleum Resources has announced new fuel prices effective from Wednesday. Petrol prices will increase by 1.43-rand-per-litre, while diesel prices will drop by between 2.62- and 3.25-rand-per-litre. The adjustments follow stable global oil prices and a stronger rand, which initially supported fuel over-recoveries. National Treasury’s partial reinstatement of fuel levies […]
# Moody’s Ratings has affirmed Eskom’s B2 long-term Corporate Family Rating, maintaining a stable outlook, citing improved operational performance, stronger cash flow generation and enhanced liquidity. The agency says government debt relief measures have contributed to Eskom’s financial recovery, but challenges remain. These include rising municipal debt, tariff regulations and capital expenditure demands. Eskom CEO […]
# Die Glencore-Merafe Chrome Venture het sy beplande afleggings gestaak nadat die energiereguleerder, NERSA, ‘n elektrisiteitstarief-afslag van 62-sent-per-kilowatt-uur goedgekeur het. Dit is daarop gemik om sukkelende ferrochroom-smeltoonde te ondersteun wat worstel met hoë energiekoste. NERSA het ooreenkomste vir Glencore-Merafe en Samancor Chrome goedgekeur, terwyl voorwaardes gereelde vorderings-verslagdoening vereis en dat inkomsteverliese nie aan ander verbruikers […]
# French president Emmanuel Macron is hosting his annual “Choose France” investment summit today, with foreign investors already pledging billions of euro of capital for artificial intelligence and data projects. Some 200 top executives from around the world are expected at Versailles Palace west of Paris for the annual event. Last year’s conference set a […]
# The Glencore-Merafe Chrome Venture has halted planned retrenchments after the National Energy Regulator of South Africa approved a discounted electricity tariff of 62-cents-per-kilowatt-hour. The new tariff is aimed at supporting struggling ferrochrome smelters facing high energy costs. Nersa approved agreements for Glencore-Merafe and Samancor Chrome, while conditions require regular progress reporting and prevent revenue […]
# Willem Els van die Instituut vir Sekerheidstudies sê verlede week se twee bomontploffings by Woolworths-winkels in Gauteng en die Vrystaat beklemtoon breër kommer oor georganiseerde misdaad en afpersing in Suid-Afrika. Die eerste ontploffing het Donderdag by Woolworths se tak in Menlynpark in Pretoria plaasgevind. Die tweede was minder as 24-uur later by die Preller […]
# Business Leadership Suid-Afrika sê die land bevind hom tans in ‘n relatief sterk posisie te midde van geopolitieke spanning, danksy agt jaar van fiskale dissipline en strukturele hervormings. Twee groot graderingsagentskappe, Standard and Poor’s en Moody’s, het die land se vooruitsig na positief aangepas. Die Reserwebank het intussen rentekoerse met 25 basispunte verhoog weens […]
# The Institute for Security Studies’ Willem Els says last week’s two bomb blasts at Woolworths stores in Gauteng and the Free State highlight broader concerns about organised crime and extortion in South Africa. The first explosion took place at Woolworths Menlyn Park in Pretoria on Thursday, and the second less than 24-hours later at […]
# Business Leadership South Africa says the country is operating from a position of relative strength amid the geopolitical tensions, which is a direct reward for eight years of fiscal discipline and structural reform. Two major rating agencies, Standard and Poor’s and Moody’s, now have the country on a positive outlook. The Reserve Bank has […]
