Oil spikes as Russia cuts output after Western price cap
AFP Oil soared last Friday after Russia slashed its crude output in response to a Western price cap that was imposed on exports after Moscow’s invasion of Ukraine. Europe’s benchmark…
Rand crashes through R18/$
News24.com/AFP The rand is trading on the wrong side of R18/$ for the first time in more than three months, as expectations grow that US interest rates may still climb…
Industry engages Zesa over power supply
Business Writer Captains of industry say they will continue to engage with the power utility, Zesa) to ensure uninterrupted electricity supply to key productive sectors of the economy in order…
Tobacco marketing season opens on March 08, TIMB
Business Writer The 2023 tobacco marketing season will start on March 8, according to a note by the Tobacco Industry and Marketing Board (TIMB). Auction sales will begin on March…
Willdale banks on high demand within construction sector
Business Writer Brick manufacturer, Willdale Limited, says firm demand for housing development, shopping mall and school infrastructure construction provides opportunities for the business throughout the year. The company in a…
Nearly half of SA consumers say their financial position worsened in the past year – report
Nick Wilson News24.com South African consumers have their backs against the wall, with more than a quarter of the respondents in a survey by global consulting company NielsenIQ indicating they…
Important tax case for SA companies with international operations
SOUTH African companies with international operations will have to take a closer look at their business models following a significant and far-reaching tax judgment by the Supreme Court of Appeal.…
NTS defies power outages, records increased volumes
Enacy Mapakame National Tyre Services Limited (NTS) recorded an increase in volume performance for the third quarter to December 31, 2022 albeit a difficult environment worsened by power outages. Apart…
Real estate sector poised for growth
Enacy Mapakame Real estate, construction and Infrastructure development sector is expected to grow in line with the Government’s general economic projections for the year 2023. This year, Government has projected…
Prospect commences Phase 2 diamond drilling
Oliver Kazunga PROSPECT Resources Limited has started Phase 2 diamond drilling programme at its Step Aside Lithium project in Goromonzi, Mashonaland East province. The Phase 2 programme is building on…










