R/€ = 18.19 Change: 0.11
R/$ = 15.00 Change: 0.15
Au 1839.70 $/oz Change: 5.84
Pt 1084.36 $/oz Change: 5.75


New-vehicle sales down 29.1% in ‘extraordinary year’, says Naamsa 

By: Irma Venter     8th January 2021 An “extraordinary year” that has brought “unprecedented challenges” to South Africa’s economy has seen new-vehicle sales decline by 29.1%, says the National Association of Automobile Manufacturers of South Africa (Naamsa). This follows a 2.8% drop in sales in 2019. 

KwaZulu-Natal optimistic that suspension of direct London flights will be only short-term

By: Rebecca Campbell     4th January 2021 The KwaZulu-Natal provincial government and Dube TradePort Special Economic Zone (SEZ) management are both confident that the suspension of direct flights between Durban’s King Shaka International Airport and London by British Airways will prove to be only a short-term measure, until the Covid-19... 

Coca-Cola Foundation’s RAIN to replenish 15bn litres of water in South Africa

By: Creamer Media Reporter      18th December 2020 The Coca-Cola Foundation's Replenish Africa Initiative (RAIN) is funding five projects in South Africa to help restore priority water catchment areas by removing invasive alien plants, while creating valuable employment opportunities for women, youth and families. “These important water catchment... 

Airlink to launch non-stop flights between Cape Town and Harare

By: Creamer Media Reporter      18th December 2020 Independent regional airline Airlink will launch a new non-stop service between Cape Town and Harare from January 18. This is the latest in a series of new and resumed routes across the airline's Southern African network. 

Sundance picks a fight with Cameroon and Congo

By: Esmarie Iannucci     17th December 2020 Junior Sundance Resources has serviced notices of dispute on the Republic of Congo and the Republic of Cameroon over its Mbalam and Nabeba iron-ore projects. The company this week told shareholders that it became aware on December 7 that the Republic of Congo had in late November issued a... 

Ramaphosa limits alcohol sales, reinstates longer curfew for festive season 

By: News24Wire      14th December 2020 South Africans will have to change the way they celebrate over the festive period, as government has reinstated longer curfews to limit alcohol consumption in a bid to slow the spread of Covid-19. President Cyril Ramaphosa addressed the nation on Monday, where he unpacked a "differentiated"... 

South Africa has 300m litres of unsold wine

By: News24Wire      14th December 2020 Ahead of the start of the new harvest next month, South African wine producers are still stuck with a massive glut of unsold wine in the country. The lengthy freeze on sales at home and ban on exporting during the first phase of lockdown, have left South African wine producers with surplus stock... 

Lockdown claims are capped and won't cripple insurers, say claimants 

By: News24Wire      14th December 2020 Hotel and other hospitality establishment owners, whose lockdown claims remain in limbo as insurers await a Supreme Court of Appeal decision, say many of them may not live to see the end of the biggest case in SA's short-term insurance's recent history. Robert More, founder of More Family... 

Tourism dept, TIA embark on implementation of incubation programme

By: Yvonne Silaule     14th December 2020 The Department of Tourism and the Technology Innovation Agency have embarked on the joint implementation of the Tourism Technology Grassroots Innovation Incubation Programme (TTGIIP). The department has extended an invitation for South Africans aged 18 to 35 to apply for the course before January 8. 

SA needs structural reforms to bolster business confidence  

By: News24Wire      9th December 2020 Business confidence continued its upward trend in November, but poor economic performance remains a concern. The business climate is still plagued by poor economic performance, recessionary conditions and high unemployment and fiscal unsustainability, says the South African Chamber of Commerce... 

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