Dollar drifts as traders hunker down for US payrolls

[File image] The dollar wobbled on Thursday after a trade agreement between the United States and Vietnam fuelled optimism over potential future deals ahead of a July 9 tariff deadline, while investors looked to payrolls to assess the Federal Reserve’s next steps. Sterling firmed slightly after a sharp drop the previous session as British Prime…

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Diesel and petrol see significant price increase

A service station. Motorists can expect to pay more at the pump with fuel prices set to increase from midnight. The Department of Minerals and Petroleum Resources has announced that the price of petrol will increase by between 52 cents and 55 cents a litre, depending on the grade. Diesel will increase by between 82…

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Lamola addresses 4th International Conference on Financing in Spain

Minister Ronald Lamola at the 4th International Conference on Financing for Development in Seville, Spain. International Relations and Cooperation Minister, Ronald Lamola says multilateral development banks have a critical role to play in offering enhancement, supporting project preparation and co-financing alongside private capital. Lamola addressed the 4th International Conference on Financing for Development in Seville,…

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Third G20 on Women Empowerment underway in MP

Minister Sindisiwe Chikunga engaging members of the media at the 3rd #G20 Technical Meeting on Empowerment of Women Working Group (EWWG) at Kruger National Park. The third Technical Meeting of the G20 on the Empowerment of Women is underway at Kruger National Park in Mpumalanga. It is aimed at promoting women’s participation in the economy…

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Tesla sales drop over 60% in Sweden and Denmark

Tesla vehicle at a showroom  Tesla’s sales dropped for a sixth straight month in Sweden and Denmark in June, underscoring the challenges the EV-maker faces as competitors gain market share and CEO Elon Musk’s popularity declines. In Sweden, Tesla’s registrations, which are a measure of sales, fell 64.4% in June from a year earlier. Tesla’s…

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Municipalities owe Eskom over R90 billion: Ramokgopa

Eskom’s Megawatt Park head office Electricity and Energy Minister Doctor Kgosientsho Ramokgopa says municipalities owe Eskom more than R90 billion. He says the figure stood at R94 billion between January and March this year. Related video | Municipal debts have escalated overtime: Ramokgopa revealed this in a written reply to a Parliamentary question from Kevin…

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