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Fuel price increase for SA

October 30 2017 – THE price of all fuel will increase with effect from midnight on (tomorrow) Tuesday, with the drivers of diesel vehicles hardest hit. The price of all grades of petrol will increase by four cents a litre, while diesel (0.05 percent sulphur) will rise by 23c/l and diesel (0.005 percent sulphur) by 27c/l, the energy department said ... Read More »

Matebeleland female CEOs top Zim list

October 28 2017 – THE number of female headed companies in Zimbabwe’s manufacturing sector has risen by 8 percent, a survey by the Confederation of Zimbabwe Industries (CZI) has shown, with the highest coming from Matbeleland. According to the survey women now lead about 13 percent of companies in the manufacturing sector from about 5 percent in previous years. More ... Read More »

Zimbabwe faces hyperinflation again

ZCTU shelves anti bond demos

October 28 2017– LESS than a decade after hyperinflation obliterated Zimbabwe’s dollar along with its pensions and savings, the southern African nation is suffering a return to precipitous price rises. Zimbabwe adopted the US dollar in 2009, along with Britain’s pound and the SA rand, to tame inflation that topped out at 500 billion percent. But the relative financial stability ... Read More »

SA to upgrade ports of entry to boost regional trade – Gigaba

October 25 2017– South African Finance Minister Malusi Gigaba on Wednesday said government was planning to upgrade the country’s key ports of entry in a bid to improve regional trade and curb slow economic growth. Gigaba said that there were many opportunities across the Sub-Saharan African region that South African companies could capitalise on as the region’s growth outlook had ... Read More »

Durban storm damages hit half a billion rands

October 24 2017 – IT WILL cost the Municipality of eThekwini more than a half a billion rand to repair damages caused by recent storms has escalated to more than half a billion rand. The Executive Committee on Monday approved a report at a meeting, which stated that the estimated cost to repair infrastructure damaged during the storm on 10 ... Read More »

Zims hold on to the US dollar

October 17 2017 – FOREIGN currency cash transacted in July was $USD 101,82 million down from $334,61 million in April, showing more people are increasingly holding on to the greenback, latest, statistics from the central bank have shown. This also comes as banks have stopped giving out withdrawals in dollars and are only availing coins and in few instances bond ... Read More »

SA fresh produce market agents charged for price fixing

October 11 2017 – THE Competition Commission on Wednesday referred 14 fresh produce market agents and their association, the Institute for Market Agents of South Africa, to the Competition Tribunal for prosecution in relation to charges of price fixing and fixing trading conditions in contravention of the Competition Act. This follows search and seizure operations conducted by the Commission at ... Read More »

Jozi most visited African city

October 10 2017 – SA’s most-populated city, Johannesburg, has emerged as the most popular destination city in Africa in 2016 followed by Cape Town, according to the annual Mastercard Global Destination Cities Index released on Tuesday. The Mastercard Global Destination Cities Index showed that Johannesburg welcomed 4.57 million international overnight visitors in 2016, a 24 percent increase on the previous ... Read More »

No randificiation after Mugabe SA visit

October 6 2017  – AFTER  social media speculation that Zimbabwean president Robert Mugabe and his SA counterpart President Jacob Zuma would ease Zim’s cash crunch by introducing the rand, RBZ governor has again thrown cold water on the idea. Speaking to Zimbabwean newspapers after Mugabe’s just ended visit to SA for the second session of the South Africa-Zimbabwe Bi-National Commission (BNC), ... Read More »

SA, Zimbabwe push for one stop Beitbridge border post

October 3 2017 –SA and Zimbabwe must implement their 2009 agreement aimed at cutting the massive delays characteristic with the Beitbridge border post by having a one-stop border post at the busy international gateway, says SA president Jacob Zuma. “This border post is the busiest border post on the continent. Much of our goods and services go through it. We ... Read More » • Free Website Templates - Downlaod Full Themes
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