Here’s why South Africa turned down Zimbabwe’s request for $1.2 billion loan in December
South Africa turned down a request from its southern African neighbour Zimbabwe for a $1.2 billion loan in December, a spokesman for the finance...
South Africa’s Shoprite plans to appeal $1.4 million fine
South Africa’s Shoprite said on Monday it would appeal against a 20 million rand ($1.4 million) fine handed to its ticket-selling subsidiary by the...
SA in danger of losing its tobacco-growing industry
Illicit trade in tobacco and other products has flourished since the skills exodus that effectively eliminated the investigative and enforcement capacity of the SA...
South African banks rolling out new system to fight debit order fraud
In December 2018, a number of South Africans had been hit by a ‘mysterious R99 debit order’.
While the full extent of the scam is not...
South Africa Declines To Help Zimbabwe Government With US $1.2 Billion
South Africa has declined to help the Zimbabwean government with credit of $1.2 billion. The Zim government requested the money on 26 December 2018,...
Engen Learn programme provides critical life-skills
Engen, in collaboration with FUEL Online Training, has delivered a record 3.5 million training interventions to Engen forecourt attendants around the country since its...
SA and Saudi Arabia discuss building oil refinery in SA
With Saudi Arabia supplying about 40% of SA’s crude oil, ties between the two countries are close.
Saudi Arabia is in talks to build an...
AEEI looks to increase its portion of Pioneer Foods
African Empowerment Equity Investments (AEEI), which controls recently listed Premier Fishing & Brands and Ayo Technology Solutions, has an appetite for a bigger chunk...
Cruise tourism brings huge economic opportunities to Cape Town
In recent years, the City of Cape Town has had the pleasure of welcoming numerous cruise ships to the city.
The MS Queen Elizabeth and...
Road Accident Fund replacement will also compensate guilty drivers
Drunk and negligent drivers who cause death or serious injury ‘will receive benefits at the expense of their victims, who will get much smaller...
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City shares highlights and opportunities of Cape Town’s economy with top...
The City’s Economic Growth Directorate, joined by its Energy counterpart, has held its annual event with a host of consul-generals representing countries across the...