The South African rand has come under immense pressure on Monday (19 September) as the country feels the pressure of stage 6 load shedding, and markets look ahead to interest rate hikes from major central banks.Finance, Headline, Investec, Nedbank, Treasury OneRead More
Eskom says that it is able to reduce load shedding to stage 5 on Monday after several power stations were returned to service overnight.Energy, Eskom, HeadlineRead More
95% of consumers in South Africa used at least one emerging digital payment method in the last year with usage expected to increase further.Industry News, MastercardRead More
South Africa’s major banks have successfully navigated complex economic terrain over the first part of 2022 but the outlook for the rest of the year remains uncertain.Banking, Headline, PwCRead More
The newly ‘refreshed’ South African Airways is under the scrutiny of the Air Services Licensing Council (ASLC), which says that the embattled airline’s relaunch project may be in breach of the Air Services Licencing Act.Business, Headline, Mango, SA Express, SAARead More
Civil action group, Outa says that Eskom’s application to energy regulator Nersa for a 32% price hike in 2023 will end up being closer to 38% once backlogs and court-ordered increases are taken into account.Energy, Eskom, Headline, OUTARead More
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is set to hike interest rates on Thursday (22 September) this week in an attempt to support the rand and control inflationary forces.Government, Headline, SARBRead More
This year has been the worst load-shedding year South Africa has ever experienced, and we are just into the last quarter! Since 2018 there has been a year on year increase of load-shedding which is projected to continue for the next five years.Industry News, Hohm EnergyRead More
AM.CO.ZA’s LabelMark is an optical fibre laser marking and labelling machine that allows your business to etch onto metal and many other substrates.Industry News, AM.CO.ZARead More
South Africa’s economy faces severe headwinds in the coming weeks as load shedding intensifies, unions threaten to shut down industries, and the Reserve Bank looks set to hike interest rates.Business, Finance, BER, HeadlineRead More
