South African stocks hit all-time high on Richemont surge
South African stocks rallied to a record on Friday, driven by sharp gains in Richemont, after the luxury giant’s earnings beat. Source: BusinessTech
South African stocks rallied to a record on Friday, driven by sharp gains in Richemont, after the luxury giant’s earnings beat. Source: BusinessTech
South African fuel prices increased significantly on 3 November and the Automobile Association of South Africa (AA) has warned that R20 per litre could still be on the cards by year-end. Source: BusinessTech
South Africa’s largest trade federation Cosatu has called for the introduction of new wealth taxes in South Africa. Source: BusinessTech
The Department of Transport plans to introduce more ‘labour-intensive’ practices for road projects in South Africa, in a bid to boost job creation across the country. Source: BusinessTech
Eskom chief executive André de Ruyter says the power utility does not expect to implement any load shedding this weekend. Source: BusinessTech
Health minister Dr Joe Phaahla has announced an ‘upgraded’ Covid-19 certificate for South Africa, which will be officially be introduced next week. Source: BusinessTech
Key South African government ministers have reached a broad agreement to sell some of the state power utility’s coal-fired power plants to help reduce its debt burden, finance minister Enoch Godongwana said. Source: BusinessTech
The Department of Communications and Digital Technologies is looking at a mass internet rollout plan for South Africa, says Communications minister Khumbudzo Ntshavheni. Source: BusinessTech
Finance minister Enoch Godongwana has announced that South Africa will officially launch its new e-visa system in 2022. Source: BusinessTech
The South African Police Service (SAPS) has issued a warning around a new car theft scam targeting South Africans looking to buy a car on social media. Source: BusinessTech