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Business: Sasol Tax Break Aids Growth In Pollution – Group

Sasol Ltd. obtained a whopping $490 million profit enhance final year thanks to the country’s fuel subsidies and its exemption from a South African carbon tax, according to the International Institute for Sustainable Development. In a press briefing, the institute says that Sasol’s proprietary coal-to-fuel technology is a significant source of greenhouse gases from its […]

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South Africa: I’ve Been Racially Abused By Police Officers – Malema

South Africa’s Economic Freedom Fighters (EFF) leader Julius Malema addressed his supporters after acting in the Randburg Magistrates Court. On Tuesday, he and birthday party MP Mbuyiseni Ndlozi face assault charges in opposition to a white police officer that date again to the funeral of African National Congress (ANC) veteran Winnie Madikizela Mandela in 2018. […]

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Entertainment: Casper Nyovest reacts to DJ Speedsta Apology

Cassper Nyovest has reacted to DJ Speedsta Apology, Cassper Nyovest set the record straight after radio jock DJ Speedsta’s apology on Tuesday. The Disc Jockey, presenter and record producer took to Twitter to apologise for offending Cassper and other rappers for his controversial statement on Friday. Amid the celebrations of hip hop star Costa Titch’s […]

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South Africa: Health Agency Reports 83 COVID-19 Related Death

South Africa reported eighty three greater fatalities from the novel coronavirus Monday, elevating the death toll to 17,863, in accordance to the Health Ministry.  The ministry stated 888 new cases have been recorded over the previous day, taking the whole quantity of demonstrated infections in the country to 693,359. Over 4.41 million exams have been […]

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Sports: Early injury to Lyle Foster disrupted my plan – Ntseki

South Africa national team Head Coach Molefi Ntseki stated the early damage to Lyle Foster and compelled substitution ‘messed up everything’ after the 2-1 loss to Zambia on Sunday. Bafana led for 78 minutes solely for the 2012 Africa Cup of Nations champions to rating two quickfire goals and ensure it was a candy return […]

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Business: Carbon Prices Skyrockets After EU Assembly

The European Parliament advocated a format to toughen the bloc’s 2030 emissions-reduction target to 60% from 1990 levels, placing strain on European Union governments in upcoming talks about the ultimate form of a landmark climate law. The EU assembly posted on Wednesday the effects of greater than a hundred and seventy amendments to the law […]

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Business: South African stocks of banks aided by rand gains edge higher

South Africa’s main stock index advance 0.2% by 9:45 a.m. in Johannesburg as a stronger rand boosts shares in banks and gains for diversified miners counter weakness in gold and platinum producers. Investors will be keeping an eye on developments around a national strike called Wednesday by unions representing workers across a range of industries, […]

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Business: Interim Raubex profits are down by more than 130%

Raubex, the listed infrastructure development and construction materials supply group, yesterday warned shareholders its earnings per share for the six months to August 31 were expected to be much worse than it previously forecast. In a trading statement on July 30, the company said that it expected earnings and headline earnings per share to be […]

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South Africa: Zuma ordered to testify in graft probe by Panel

A South African judicial panel on Friday ordered former president Jacob Zuma to testify next month over allegations of state corruption during his nine-year rule, forcing the embattled politician to appear in court despite his plea that the judge was biased against him. The subpoena came just weeks after the scandal-tainted former president hit out […]

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South Africa: Mkhize explains reason for rise in Covid-19 deaths

A total of 160 more Covid-19-related deaths have been recorded since the last report, Health Minister Zweli Mkhize said on Thursday, who admitted that there has been an investigation into the ’’noticeable increase in the number of deaths recently’’. A total of 105 deaths were recorded in KwaZulu-Natal, 18 in the Eastern Cape, 6 in […]

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NEWS: Unions press South Africa, urges Government to provide jobs and an enabling economy

South Africa’s largest trade unions held nationwide marches on Wednesday to protest the high level of job destruction, the poor state of transport, corruption and the lack of measures to combat the deep crisis generated in Africa’s second largest economy by the pandemic. The national strike hit key sectors such as transport, industry or education […]

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Business: Renergen agrees to supply LNG along the N3

JSE-listed emerging natural gas and helium producer Renergen yesterday signed a supply agreement with Logico Logistics Group to supply liquefied natural gas (LNG) at Total filling stations along the N3 between Johannesburg and Durban. The signing of the supply agreement between the companies comes almost four months after Renergen and Total South Africa signed an […]

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Business: Platinum Group Metals set to become the largest revenue generator in mining industry in South Africa

Platinum Group Metals (PGMs) have overtaken coal as the biggest revenue generator in South Africa’s mining industry for the first time since 2010, according to the PwC SA Mine 2020 released earlier today. Revenue from mining houses jumped 38 percent in 2020 to R594 billion from R431bn a year earlier with PGMs generating 28 percent, […]

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South Africa: AlphaCode’s incubate programme awards startup with R450 000

AlphaCode, the startup incubator from Rand Merchant Investments (RMI), has awarded Oyi Medical Card R450 0 at its first virtual demo day. Oyi is one of seven startups that were awarded entrepreneurial programs valued at R2 million each in 2019 as phase of AlphaCode’s Incubate programme. The Oyi Medical Card is a savings card that […]

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South Africa: A united and stronger Leadership required to save Eskom

Shifting goal posts and signs and symptoms of instability are now not helping to rebuild believe between residents and Eskom. Eskom has extended its request to citizens for load shedding to continue from previously projected 18 months to about 29 months (to March 2022). The biggest subject from Eskom is the unpredictability of their aged […]

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Business: Healthy deal for Sasol under the conditions

Petrochemicals giant Sasol fell almost 5 percent on the JSE on Friday after it announced that it would sell 50 percent of its difficult Lake Charles Chemicals Project (LCCP) in the US for $2 billion (R33.29bn) to LyondellBasell. Sasol said the proposed sale to one of the world’s greatest plastics, chemical compounds and refining companies […]

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South Africa: 1749 new Covid-19 cases detected

The National Health Ministry has demonstrated that South Africa’s cumulative Covid-19 depend stands at 677 833 with 1749 new cases suggested in the closing 24 hours. On Friday, Health Minister Dr Zweli Mkhize, announced that 1749 extra deaths had been reported. “Regrettably, we file forty three extra Covid-19 related deaths: three from Eastern Cape, eight […]