Sasol skips dividend after profit declines 31%

A petrol station is seen in Soweto. 1 minute South African petrochemical firm, Sasol, opened a new tab on Monday and skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol’s headline earnings per share for the six months to December 2024…

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G20 Finance Track Meeting commences today

G20 Foreign Ministers’ Meeting at Nasrec Expo Centre in Johannesburg on February 20, 2025. 1 minute The Finance Track four-day meetings of the G20 will start in Cape Town today. The meetings will take place after the unprecedented postponement of the tabling of the budget to March 12. The postponement has raised concerns over the…

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G20 Business Forum emphasises prioritising global south

B20South Africa 2 minutes The Global Business Forum for G20, the B20, has emphasised the importance of dealing with the priorities of the global south, especially in light of the current geopolitical tensions. From tomorrow, the G20 Finance Ministers are set to discuss issues related to financial inclusion, coordinating global economic policy and infrastructure financing,…

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SA addresses 20 out of 22 actions in FATF greylisting

Financial Action Task Force flag. 1 minute South Africa is making progress towards exiting the Financial Action Task Force (FATF) greylist. According to the FATF, the country has addressed 20 of the 22 action items relating to combating money laundering and terrorist financing. This leaves two items outstanding to be addressed in the next reporting…

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Minister Schreiber to welcome first TTOS tour group to SA

[File photo] Passengers wait to check in at SAA counters at Cape Town International Airport in Cape Town 1 minute Home Affairs Minister Dr Leon Schreiber will officially welcome the first group of tourists under the newly launched Trusted Tour Operator Scheme (TTOS) in Cape Town on Saturday. This digital initiative is designed to streamline…

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