economy

economy

Rand trades little changed overnight

Rand trades little changed overnight

Africa-Press - South-Africa. JOHANNESBURG - The South African currency oscillated during yesterday’s trading session on rising bets for a repo rate cut at the...
More worries for economy as Eskom implements new power cuts

More worries for economy as Eskom implements new power cuts

Africa-Press - South-Africa. JOHANNESBURG - ESKOM yesterday put further pressure on the country’s struggling economy, announcing yet another four days of power cuts till...
Santam slammed over payouts in insurance row

Santam slammed over payouts in insurance row

Africa-Press - South-Africa. JOHANNESBURG - Specialist public loss adjuster Insurance Claims Africa has slammed insurer Santam’s decision to limit settlement offers relating to Covid-19-linked...
SAB cancels R2.5bn investment after latest alcohol ban

SAB cancels R2.5bn investment after latest alcohol ban

Africa-Press - South-Africa. JOHANNESBURG - South African Breweries, part of Anheuser-Busch InBev, has cancelled a further R2.5 billion of investment earmarked for 2021 following...
Blackmailed for R3 000 after sending naked pictures to his wife on WhatsApp

Blackmailed for R3 000 after sending naked pictures to his wife on WhatsApp

Africa-Press - South-Africa. Cape Town – A Strandfontein dad is furious after his social media accounts were hacked by a blackmailer who has threatened...
Capetonians urged to note how Eskom’s uninterrupted load shedding will impact them

Capetonians urged to note how Eskom’s uninterrupted load shedding will impact them

Africa-Press - South-Africa. Cape Town – The City of Cape Town has said Eskom’s uninterrupted load shedding could make it difficult for the City...
Talks to extend relief payments from UIF to affected workers

Talks to extend relief payments from UIF to affected workers

Africa-Press - South-Africa. JOHANNESBURG - GOVERNMENT and business yesterday resumed negotiations about extending relief payments for affected workers from the Unemployment Insurance Fund (UIF)...
Grape industry hopes for bumper harvest

Grape industry hopes for bumper harvest

Africa-Press - South-Africa. DURBAN - The South African Table Grape Industry (Sati) has said that grape producers and exporters were confident that all market...
Eskom implements stage 2 loadshedding

Eskom implements stage 2 loadshedding

Africa-Press - South-Africa. South African state-owned power producer Eskom to implement Stage 2 loadshedding from midday today until 23:00 following overnight generation capacity loss. Eskom...
SA Reserve Bank to hold repo at record low through 2021

SA Reserve Bank to hold repo at record low through 2021

Africa-Press - South-Africa. By Vuyani Ndaba JOHANNESBURG - The South African Reserve Bank will keep its repo rate at a record low 3.50 percent at...