SA Airlink aircraft. The Competition Tribunal has heard fresh evidence in the excessive and predatory pricing case against SA Airlink. Economic expert for the Competition Commission, Jason Aproskie, testified that the airline overstated the value of its assets by using a method known as gross replacement value. It is the full cost required to replace…
The NCR is determined to clamp down on loan sharks and illegal money lending practices The National Credit Regulator (NCR) says it’s working closely with the South African Police Service to crack down on unregistered micro lenders across the country. The NCR has raised a concern over the surge in illegal lenders, also known as…
A large but loose Asian trade bloc that includes China, the Regional Comprehensive Economic Partnership, will consider adding new members and finding ways to boost trade when its leaders meet next month, the Malaysian hosts said on Monday. Malaysia plans to hold a summit of the RCEP, the world’s largest trade bloc, when it hosts the annual gathering of the Association of Southeast Asian Nations…
A part of the Tilwizembe, a former industrial copper-cobalt mine now occupied by artisanal miners, is seen outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo The Democratic Republic of Congo will lift its ban on cobalt exports from October 16 and manage global supply…
The Independent Financial Advisors Forum (IFAF) has criticised the City of Tshwane for proceeding with a tender to appoint a single medical aid broker for its employees. IFAF, a non-profit organisation representing accredited brokers, first flagged concerns last month. It says the contract, which the City has advertised, is irregular and unlawful. IFAF also says…
Trade, Industry and Competition Minister Parks Tau speaking during an event. The United States and South Africa are now engaged in text-based negotiations on a future bilateral trade deal, and Minister of Trade, Industry and Competition Parks Tau says “significant progress” on the way forward has been made. Ahead of joining the South African delegation…
Khutšišo Chuene’s mayonnaise is a unique blend of flavours. A 35-year-old rural entrepreneur from Moletlane in Zebediela, Limpopo, has amazed food lovers by producing his own mayonnaise, called Queen Mosima Mayonnaise. Khutšišo Chuene’s idea to produce mayonnaise originated in his grandmother’s kitchen, who taught him the craft. The young entrepreneur also employs fellow villagers. He…
FILE: An electric car is charged at a roadside EV charge point, London, October 19, 2021. The automotive industry says the sales of hybrid and electric cars are growing in South Africa. The vehicles had a slow start in the country due to insufficient infrastructure and the unstable energy supply. While fully electric vehicles still…
smart The Minister of Communications and Digital Technologies, Solly Malatsi, has poured cold water on the assertion that the SABC signal could be switched off by the end of December if the public broadcaster fails to pay its debt to digital signal distributor, Sentech. He also says the SABC could know its new proposed funding…
The Japanese national flag waves at the Bank of Japan building in Tokyo Asian shares are set to end a big central week in positive territory, buoyed by hopes of more monetary stimulus around the world, while the Nikkei notched a record aided by expectations the Bank of Japan would again skip a rate hike….
