Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
South Africa‘s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs at least 10 billion rand ($583 million) to resume operations. A team from the Department of Public Enterprises and advisers from FirstRand Ltd.’s Rand Merchant Bank began negotiations after receiving as many as four promising […]
Hundreds of farmers on tractors, motorbikes, trucks or horses took to the streets of the small South African town of Mookgophong on Tuesday, to protest what they said was a spike in attacks on farms. The protest was held as three suspects appeared in court on charges of murdering a 79-year-old farmer in March. A […]
Massmart earnings tumbled 40 percent at some point of the 26 weeks to June as store income slumped on the Covid-19 lockdown pandemic fallout. Massmart, which operates 420 retail and wholesale stores in 13 sub-Saharan countries, suggested a net loss of R1.2bn in contrast to an R800 million loss a yr earlier. The group’s headline loss […]
South Africa registered 1,846 new instances of the novel coronavirus Friday, bringing the quantity of infections to 620,132, the health ministry announced. It stated a hundred and fifteen humans died from the virus, pushing the quantity of fatalities to 13,743. Health care authorities carried out 3.63 million checks and the wide variety of recoveries reached […]
South Africa’s president has licensed the Special Investigating Unit (SIU) to start probing allegations related to the misuse of COVID-19 funds, Cyril Ramaphosa advised Parliament Thursday. “The allegations of corruption in the procurement of items and offerings for our country’s response to the coronavirus pandemic has prompted outrage among South Africans and amongst us in […]
South Africa on Thursday registered 2,585 new cases of the novel coronavirus over the last 24 hours, bringing the total number of cases to 618,286, the health minister announced. Zweli Mkhize said 126 people died due to the virus on Thursday, pushing the total number of fatalities to 13,628. “We extend our condolences to the […]
South African pharmaceutical conglomerate Adcock Ingram said on Wednesday its turnover rose four percent to R7.3 billion (US$434.1 million) in the yr to June no matter a prevalent monetary downturn, sizable cost-push due to weakness in the rand currency, global supply chain disruptions and declines in demand for some products. The organization said turnover was […]
The complete group need to be assisting Akpeyi, inclusive of Itumeleng Khune,” a former goalkeeper has come out to say. Khune’s scenario at Kaizer Chiefs has been a subject of conversation ever considering the fact that football’s restart, with the football fraternity questioning his absence in the Amakhosi squad over the past 4 encounters. As […]
Mamelodi Sundowns teach Pitso Mosimane says he is amazed “people don’t like” a participant he feels is a key squad member at Chloorkop. Following his side’s slender 1-0 win over Golden Arrows to cut the lead Kaizer Chiefs have at the top of the Absa Premiership table to just three factors beforehand of their clash […]
South Africa has recorded 149 new coronavirus-related deaths, bringing the country’s dying toll to 13,308, Health Minister Zweli Mkhize said late Tuesday. Mkhize said 1,567 new instances of COVID-19 have been detected in the previous 24 hours, putting the total quantity of verified instances at 613,017. He said 35 of the deaths have been […]
Dis-Chem Pharmacies said on Tuesday in a buying and selling replace for the 24 weeks from March 1 to August 15, that it had skilled widespread online sales growth of 344 percent. The rapid deployment of extra hubs collectively with an investment in its e-commerce platform enabled it to meet the expanded demand as exceptional as […]
Teachers unions in South Africa expressed problem Monday as thousands and thousands of college students again to faculty after a precautionary smash in July due to the spread of the novel coronavirus in the country. Basil Manuel, president of the National Professional Teachers’ Organization of South Africa (NAPTOSA), stated they were concerned whether the […]
Mobile operator MTN has appointed Ralph Mupita as its new team president and chief executive officer with effect from 1 September 2020. Mupita has served as the MTN Group chief financial officer on the grounds that April 2017, and has played a position in the improvement and execution of the group’s strategy, capital allocation processes, financial overall […]
Dis-Chem on Friday urged its prison group to withdraw its appeal against the Competition Tribunal’s R1.2million quality for inflating the price of surgical masks, pronouncing it would as an alternative focus on meeting its customers’ needs. In July, the tribunal slapped the pharmacy chain with a R1.2m fine, or 10percent of its turnover, after discovering […]
Just days after the provincial Health Department expressed challenge over the spate of abandoned babies, a newborn was determined in the timber in Mamelodi at the weekend. A police K9 unit, which used to be patrolling in Mamelodi, reacted to a criticism on Saturday at about 11am and determined the toddler at a park in […]
State-owned fingers organization Denel recorded any other loss of R1.7billion for the 2019/20 monetary year due to a significant decline in revenue collection. This emerged when the Department of Public Enterprises seemed before the portfolio committee on public firms on Wednesday to short the committee on development made in addressing governance challenges facing state-owned entities. […]
South Africas largest union coprising of Education, Health and Allied Workers known as NEHAWU have threatened to go on strike beginning from Monday August 24 According to the union, this is in response to the govts failure to offer adequate personal protective equipment (PPE) against the coronavirus. “everybody is supposed to be taking the line […]
Tiger Brands said on Friday, Khotso Mokhele would step down as chairman of the board on December 31. Mokhele will be changed by means of Geraldine Fraser-Moleketi, a lead impartial director at mining company Exxaro, who will take over on Jan. 1 after a handover period beginning from September. Fraser-Moleketi, 60, served in quite a […]