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#AOW2024: Transnet lifts lid on gas pipeline project

Source: Martin Adams/Unsplash The plan, first proposed in August, will see Transnet repurpose its pipeline infrastructure to be able to transport liquified natural gas (LNG) from the coast to South Africa’s major inland markets. Transnet Pipelines CEO Sibongiseni Khathi outlined the plan during a presentation at Africa Oil Week (AOW), being held in Cape Town…

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Can BRICS reshape the financial world? Key decisions to emerge from Moscow gathering

Source: Pixabay. Preceding the meeting, a seminar on improving the international monetary and financial system will be held on Thursday, 10 October. Russian Finance Minister Anton Siluanov will present a report on the financial system’s improvement, developed with the Yakov and Partners consulting firm. Key topics include global economic prospects, Brics economies, customs, tax co-operation,…

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‘New land laws biggest heist’

Former Cabinet minister Walter Mzembi THE elite and politically-powerful could be trying to sell the land they got during the land reform programme at zero cost after government announced a new model in which land would be transferable. This is according to former Cabinet minister Walter Mzembi, who went into self-imposed exile at the height…

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Commerzbank CEO vows to block UniCredit takeover

Source: Pexels UniCredit recently acquired a 21% stake in Commerzbank, signalling interest in further investment and reigniting speculation about consolidation within Europe’s banking sector. However, a larger takeover attempt could face significant resistance, including political and union opposition in Germany, as well as internal pushback from some within Commerzbank, raising concerns about the feasibility of…

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Tragic Mbare market fire: ZCSMEs and IAPAZ call for immediate action and long-term solutions for MSMEs

The fire which broke out on Tuesday left many small business owners struggling with their wares and goods completely destroyed. In the wake of a devastating fire that swept through Mbare’s informal market, the Zimbabwe Chamber of SMEs (ZCSMEs) and the Indigenous Advisory Practitioners Association of Zimbabwe (IAPAZ) have extended their deepest sympathy to the…

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