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Updated 8 minutes ago Opencast mining contractor and construction materials supplier Buildmax has successfully restructured the debt-funding model of its subsidiary Diesel Power. Major lenders ABSA, Nedbank and Standard Bank have agreed to reschedule the company’s asset-based funding...
Updated 34 minutes ago South Africa's trade surplus widened to R5.80-billion ($457-million) in June from a revised R4.94-billion in May, the national revenue agency said on Friday. Exports increased by 1.6% to R90.3-billion, while imports were up 0.7% to R84.5-billion on a month-on-month...
Updated 36 minutes ago The petrol price will come down by 51c as of next week, said the Department of Energy on Friday. According to the department, the price of Diesel 0.05% Sulphur will decrease by 75 cents while that of Diesel 0.005% Sulphur will decrease by 73c.
Updated 3 hours ago A “record” $700-million in guarantees has been secured from the World Bank for Ghana’s Sankofa gas project to advance the West African nation’s energy transformation. The World Bank approved a $500-million International Development Association payment guarantee to...
Updated 3 hours ago More than 10% of South Africans “live in extreme poverty” on less than R16 a day‚ according to an Oxfam report to be released on Friday. “South Africa faces the triple challenge of poverty‚ inequality and unemployment‚” the Oxfam report said.
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