Ghana raises cocoa farmgate price again

Farmers break cocoa pods at a cocoa farm 2 minutes Ghana, the world’s number two cocoa producer, has raised the fixed farmgate price paid to cocoa farmers for the second time this 2024/25 season to help boost farmers’ incomes, President Nana Akufo-Addo said. Akufo-Addo, whose two-term mandate ends on January 7, 2025, said at a…

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Maputo Corridor disruptions threaten trade, stability: Bodies

Lebombo Border Post remains closed on Friday morning 3 minutes Local industry bodies have warned that any disruptions of the Maputo corridor will significantly hamper trade, supply chains and regional stability. A number of manufacturing, storage and logistical companies have opted to halt operations due to safety concerns. It follows the post-election protests in Mozambique…

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Ramokgopa to meet with City of Joburg, Eskom over debt crisis

2 minutes The City of Johannesburg says it will meet with Electricity Minister, Kgosientsho Ramokgopa, and power utility Eskom today in an attempt to resolve its debt issue. The problem has led to the power utility threatening to interrupt electricity supply to the metro. In a statement, Eskom says the City of Joburg and City Power owe it an an amount of R4.9 billion, excluding the…

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SAMWU concerned about alleged nepotism in Vhembe Municipality

SAMWU logo 1 minute Municipal workers union, South African Municipal Workers’ Union (SAMWU) in Limpopo, has expressed concerns on the alleged nepotism and corruption on the hiring of workers in the Vhembe district municipality. According to the union, executive mayor Fridah Nkondo allegedly interfered in the hiring of more than 100 general workers and borehole…

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Dollar set for slight weekly gain after US elections

3 minutes The dollar was on track to end a volatile week with a slight gain, as markets weighed the impact of Donald Trump’s return to the White House on the US economy and the rate outlook. The US dollar had lost ground in the previous session as traders closed out profitable bets on a Trump presidency following his…

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Inheritance taxes high for South Africans

[File Image]: A calculator and papers seen on a table. 1 minute The taxes associated with someone dying in South Africa are high. That’s according to Banzi Mcasa, an advocate for financial security. He says pitfalls in asking a bank to execute a will disadvantage families. Mcasa says some of the banks want families to…

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