Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. 2 minutes Chinese stocks dipped on Tuesday, the final trading day of 2024, but were on track for their first annual gain following an unprecedented three-year decline, while…
Eskom and law enforcement clamp down on a large-scale illegal electricity connection operation in Leeupoort near Fochville in Gauteng on 04 December 2024. 1 minute Power utility Eskom says it has been disconnecting and fining non-compliant electricity users and community members who have illegal connections. This follows the utility’s recoding process for pre-paid meter users…
File image: Electricity pylons. 1 minute President Cyril Ramaphosa says the country is making a significant progress in addressing the energy crisis it faced in the recent past. In his New Year message, he described 2024 as a year of change and progress. Power utility, Eskom has made strides in stabilising the electricity grid as…
A worker fills a car at a Shell fuel station in Johannesburg, South Africa. 1 minute Motorists will have to pay a bit more for fuel at the pumps in the New Year, following increases in January. Fuel prices are set to increase from 1 January next year. The Department of Mineral and Petroleum Resources…
Max’s Lifestyle 1 minute Owners of entertainment venues in various townships around Durban say their businesses are slowly regaining momentum, as more tourists seem to be interested in exploring township lifestyles. Yesterday, the city authorities indicated that it is likely to exceed R2.5 billion in revenue projected by holidaymakers this festive season, as thousands continue…
Logo of an Apple store is seen as Apple Inc. in Washington, U.S. 2 minutes US tech giant Apple says it has suspended the purchase of minerals whose source can be traced to the Democratic Republic of Congo(DRC) following a criminal complaint filed against its subsidiaries in Europe by the central African country. Lawyers representing…
Trade, Industry and Competition Minister Parks Tau meets with the Black Business Council on August 12, 2024. 1 minute The Department of Trade, Industry and Competition has welcomed the two Companies Amendment Acts of 2024, which were assented into law on July 26. According to a statement by the department, the two Acts were published…
A drone view shows BYD’s new electric vehicle (EV) factory’s construction site in Camacari, Brazil 3 minutes Chinese workers at a construction site in Brazil for a factory owned by China’s electric vehicle producer BYD are victims of human trafficking, Brazilian labor authorities said on Thursday in a growing controversy in BYD’s biggest overseas market. BYD 002594.SZ and…
2 minutes South African petrochemical giant Sasol has reduced natural gas production at its central processing facility in Temane, Mozambique, citing concerns for the safety of staff and assets amid widespread unrest following a disputed election. South Africa relies heavily on gas imports through the Rompco pipeline, which transports gas from Mozambique’s onshore fields to…
The Public Servants Association (PSA) has received a large number of calls from union members in response to the 13.4% increase in membership subscriptions for the Government Employees Medical Scheme (Gems) for the upcoming year. 1 minute The Government Employees Medical Scheme (GEMS) has clarified its decision to implement a 13.4% subscription increase for next…
