R/€ = 17.48 Change: 0.05
R/$ = 14.92 Change: 0.02
Au 1750.56 $/oz Change: -3.73
Pt 987.00 $/oz Change: 3.75


President urges communities to support N2 toll road project

By: Yvonne Silaule     23rd September 2021 President Cyril Ramaphosa has urged communities to support the development of the N2 Wild Coast toll road (N2WCTR) project, which includes two mega bridges, stating that stoppages are counterproductive and not only costs contractors, but the entire country. “The very purpose they [infrastructure... 

A bakkie for bush-escapes! The new Mahindra Pik Up Game Viewer

23rd September 2021 Mahindra South Africa has a reliable, capable and affordable solution for tourist hotspots as they welcome guests back to our famous outdoors for the upcoming summer season. The new S4 Mahindra Pik Up Game Viewer launches in South Africa with a full manufacturer warranty. The standard offering... 

Agrimin's potash project gets govt backing

By: Esmarie Iannucci     23rd September 2021 The Western Australian government has awarded the Mackay potash project Lead Agency status, developer Agrimin said on Thursday. The Department of Jobs, Tourism, Science and Innovation (JTSI) will act as the lead agency for the Mackay potash project, where a final investment decision is targeted... 

Court rules race-based tourism fund criteria unlawful

By: Bloomberg     22nd September 2021 South Africa’s appeals court ruled the Department of Tourism’s focus on only black businesses for payouts to help the industry overcome the coronavirus pandemic is unlawful. The Bloemfontein-based court said the Minister of Tourism committed an error and is not legally obliged to allocate funds... 

Airlink starts South Africa-Uganda route

By: Rebecca Campbell     22nd September 2021 South African private sector airline Airlink announced on Tuesday that it starting a new intra-African service, between Johannesburg and Entebbe, in Uganda. The airline had originally planned to inaugurate this service earlier this year, but had had to postpone it when both countries had... 

Germany's removal of SA from high-risk list to help tourism recover - Sisulu

By: Yvonne Silaule     21st September 2021 Tourism Minister Lindiwe Sisulu has thanked Germany for its “progressive and scientific” decision to remove South Africa from its high-risk country list, stating that it would directly contribute to efforts to recover the tourism sector. The decision means that vaccinated travellers from South... 

BLSA deplores the UK’s decision to keep South Africa on the red list for travellers

By: Marleny Arnoldi     20th September 2021 In this week’s Business Leadership South Africa (BLSA) newsletter, CEO Busi Mavuso bemoans the UK authorities’ decision to keep South Africa on the “red list” for travellers. The UK imposed a traffic light system to determine the correct Covid-19 precautions related to travellers, which is... 

Major banks remain resilient, focus turns to new skills and new strategies

By: Schalk Burger     17th September 2021 The four largest banks in South Africa – Absa, FirstRand, Nedbank and Standard Bank – remain resilient, with healthy, stable and above regulatory minimum liquidity and coverage. Their results were also buoyed by underlying business momentum and risk profiles performing better than expected,... 

African airlines still need help to survive Covid-19-related losses

By: Rebecca Campbell     17th September 2021 As the Covid-19 pandemic continues to afflict Africa, with the number of deaths increasing while the rate of vaccination remains slow, the African Airlines Association (AFRAA) has warned that the lack of support from governments and development finance institutions for the continent’s aviation... 

New-vehicle supply constraints could ease towards year-end – Motus

By: Irma Venter     17th September 2021 Automotive group Motus expects new-vehicle supply, currently constrained by a global computer chip shortage, to start normalising towards the end of the year, says CEO Osman Arbee. “Yes, there are some constraints with the supply of new vehicles globally, not only in South Africa. There are... 

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