R/€ = 17.12 Change: -0.17
R/$ = 14.29 Change: -0.12
Au 1777.02 $/oz Change: 31.01
Pt 1211.00 $/oz Change: 23.50


Solidarity, AfriForum says tourism equity fund hearing to be held on April 13

By: Marleny Arnoldi     12th April 2021 Trade union Solidarity and civil rights group AfriForum will be in the North Gauteng High Court on April 13 for the hearing of their case against the Department of Tourism and Tourism Minister Mmamoloko Kubayi-Ngubane. The two institutions had instituted legal action after unsuccessful talks... 

Operation Vulindlela

By: Riaan de Lange     2nd April 2021 When, on March 15, I saw a piece on the National Treasury’s website that was titled ‘Operation Vulindlela’ and marked ‘Latest News’, my gut feeling was that it was about a covert operation. In both Xhosa and Zulu, vulindlela means ‘make way’, and in the context of a Brenda Fassie song, it means:... 

Western Cape Tourism and Hospitality sector calls on all South Africans to stay safe over Easter Holidays

By: Creamer Media Reporter      31st March 2021 Tourism and hospitality stakeholders in the Western Cape have reiterated their commitment as an aligned sector to ensuring consistent compliance with the health and hygiene protocols adopted to keep guests and staff safe. Comprising Cape Town Tourism, SAACI (the Southern African Association for... 

Namibian Marine Phosphate advises of postponement in High Court ruling

By: Marleny Arnoldi     24th March 2021 A judgment by the Namibian High Court on an application launched by the Confederation of Namibian Fishing Association and three other parties against the legitimacy of Namibian Marine Phosphate’s (NMP’s) Sandpiper mining licence has been postponed to April 12. The judgment had initially been... 

Western Cape names candidate municipalities to be primed for direct IPP procurement 

By: Terence Creamer     17th March 2021 Six Western Cape municipalities, as well as the City of Cape Town, have been named by Western Cape Finance and Economic Opportunities Minister David Maynier as candidates to participate in the first phase of the province’s Municipal Energy Resilience (MER) project. The MER initiative, which was... 

Coega to accelerate development of Ngqura liquid bulk terminal

By: Schalk Burger     16th March 2021 State-owned Transnet National Ports Authority (TNPA) has appointed the Coega Development Corporation (CDC) as an implementation agent for a construction programme to ensure the Ngqura liquid bulk terminal is operational before the Port of Port Elizabeth liquid bulk facility is closed on December... 

DWS lays out plan to minimise Vaal river pollution  

By: Marleny Arnoldi     12th March 2021 The Department of Water and Sanitation (DWS) has undertaken to expedite a strategic intervention to significantly minimise the impact of raw sewerage seeping into the Vaal river and its tributaries in the southern Gauteng region. DWS earlier in March appeared before the Portfolio Committee on... 

Successful marine mining vessel repair leads to two more ship repair projects

By: Schalk Burger     26th February 2021 The successful repair of the Gariep mining vessel, operated by  De Beers Marine, in November has led to two further ship repair projects being booked for 2021 at the Port of Cape Town, the Western Cape Department of Economic Development and Tourism (DEDAT) said on February 25. The Gariep mining... 

Organisation bemoans Treasury’s decision to cancel S12J investments

By: Tasneem Bulbulia     25th February 2021 The 12J Association of South Africa has expressed disappointment at the decision by the National Treasury not to extend Section 12 J of the Income Tax Act beyond June 30. Association chairperson Dino Zuccollo points out that this was announced in the National Treasury's 2021 Budget Review, on... 

Bidcorp warns of up to 48% fall in headline earnings, but expects quick rebound

By: Schalk Burger     19th February 2021 JSE-listed food services multinational Bidcorp has warned shareholders that it expects to report a 43% to 48% year-on-year decrease in headline earnings per share (HEPS) for the six months ended December 31, 2020. HEPS from continuing operations are expected to decrease to between 378.7c and 415.1c. 

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