Business Leadership South Africa calls for an investigation following allegations made by Andre De Ruyter, and if you want to save some cash, get to the pumps as petrol and diesel go up at midnight tomorrow.
Much as expected South Africa is greylisted, as a consequence the rand dips, and the European Union along with the Uk relegates SA to the category of high-risk countries with which to do business.
Two more major South African corporations hit by the deadly double whammy of load shedding and a failing Transnet, and a pre-budget announcement on the increase in the minimum hourly rate.
The stage is being set for tomorrow's budget speech, Amplats cuts its payout dividend again, and global markets await tomorrow's Federal Reserve Bank minutes.
Credit ratings agency Fitch issues a stark warning, Ramaphosa defends the new Minister of Electricity position, and nine public sector unions prepare to down tools.
Food inflation is rampant, Fitch joins Moody's in warning of an adjustment to the country's economic growth outlook, and a surprise resignation from Amplats CEO Natascha Viljoen. (Chris Buchanan was standing in for Chris Gibbons)
Telkom to lay off staff, clarity on the role of the new minister of electricity, and the national state of disaster sees Gwede Mantashe put the controversial Karpowership bid.
A tricky ethical conundrum presents itself over the electricity crisis - which way would you vote - power or health? And Eskom is about to go knocking on doors looking to buy 1 400 megawatts of electricity.
South Africa heading for a recession according to a poll, Standard Bank makes surprising growth prediction, and 'grid failure' being pulled from insurance policies.
A very mixed reaction to the declaration of a state of disaster over the energy crisis, plans for tax breaks on the cards, and Engen to get an international owner.
President Ramaphosa will deliver his State of the Nation Address amid a sea of discontent as the business community recalls broken promises from last year's speech, and Turkey suspends trading following deadly quake.
SARS engages with National Treasury over the energy crisis, the Consumer Goods Council writes an open letter to Ramaphosa while Fitch sounds a warning over the farmgate scandal.
Counting the cost of load shedding, Anglo-American CEO Duncan Wanbald has strong words of warning at Mining Indaba - and what will that balloon tell us?
On the markets, two key factors are at play, one of them being that Chinese 'weather balloon', and all eyes are on the president ahead of Thursday's State of the Nation Address.
Tourism bosses blast R1-billion Tottenham Hotspur sponsorship proposal, and in an announcement tinged with irony, South African coal producer Seriti Resources plans to build the country's biggest wind farm.
A row looms over a plan by SA Tourism to sponsor Tottenham Hotspur to the tune of nearly a billion rand, a new digital bank to operate come March, and the US Federal Reserve raises interest rates as predicted.
Compelling half-year figures for Shoprite, petrol and diesel are up, and a mixed bag for the markets ahead of the US Federal Reserve Bank meeting today.
1 Feb 2023
2 min
600 – 620
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