# Former Hawks head Godfrey Lebeya says he has no specific relationship with controversial businessman Panganathan “Timmy” Marimuthu. Lebeya told the Madlanga commission Marimuthu first came to his attention in December 2010, while investigating appointments in Crime Intelligence. He says the appointments were initially stopped, but proceeded a month later, with 290 people appointed:
# A KPMG South Africa economist says a stronger rand cannot offset a global fuel price surge in September. Economist Frank Blackmore says the under-recovery for 95 octane petrol is one-rand-6-cents and for 93 octane 96-cents. Diesel under-recoveries are also high at two-rand-71-cents and two-rand-92-cents. Blackmore says while the rand strengthened from 16-rand-90 to 16-rand […]
# The Africa Finance Corporation has established a new subsidiary, AFC Captive Insurance Company, to strengthen risk management and support infrastructure financing across Africa. The Bermuda-based company is wholly owned by AFC and has up to 484-million-rands in equity capital. It will initially provide insurance cover for AFC loans, helping the group manage risk and […]
# Industrial giant Bidvest is advancing a 2.5-billion-rand capital expenditure plan by constructing a second liquefied petroleum gas terminal at Richards Bay in KwaZulu-Natal. Group CEO Mpumi Madisa says the major investment in its freight division signals the group’s confidence in South Africa’s prospects. The country has a huge LP Gas supply deficit. Local energy […]
# Die vakbond GIWUSA is erg bekommerd oor môre se brandstofprysverhogings. Die Departement van Minerale en Petroleumbronne het aangekondig die petrolprys styg om middernag met een rand-34 sent per liter. GIWUSA se president, Mametlwe Sebei, sê selfs erger is die gedifferensieerde groothandelprysverhogings van twee rand-94 sent en drie rand-15 sent per liter vir diesel, afhangend […]
# Die Padverkeersbestuurskorporasie sê Suid-Afrika se lente is meer as ‘n oorgang vanaf winter na warmer weer. Woordvoerder Simon Zwane versoek motoriste, voetgangers en vervoeroperateurs om voor te berei vir ‘n seisoen waarin weerstoestande vinnig kan verander, sigbaarheid beperk kan wees en bestuurders uitdagende padtoestande kan ervaar:
# Union GIWUSA is very concerned over tomorrow’s fuel price increases. The Department of Mineral and Petroleum Resources announced the petrol price will increase by one-rand-34-cent per litre from midnight. GIWUSA president Mametlwe Sebei says even more devastating are the differentiated wholesale diesel price increases of two-rand-94-cent and three-rand-15 -cents per litre, depending on the […]
# The Road Traffic Management Corporation says spring in South Africa is more than a transition from winter to warmer weather. Spokesperson Simon Zwane is urging motorists, pedestrians and transport operators to prepare for a season that can bring rapidly changing weather, reduced visibility and challenging driving conditions:
# Business Leadership South Africa sê die land moet ʼn handelstrategie volg wat gebou is op die ontleding van waar dit kan meeding en nie op vooruitsigte van spitsberade nie. Die regering het onlangs sy strategiese vennootskap met Brasilië herbevestig met die hoop om ekonomiese bande te versterk. Suid-Afrika het in 2025 goedere ter waarde […]
