by sundelbolong | May 29, 2020 | Business & Finance News
A shortage of diesel fuel in South Africa will ease up in a few weeks when about 30% of its refining capacity, idled because of a drop in demand spurred by the Covid-19 lockdown, will return to service. Sasol and Total SA shut the Natref refinery in April after the...
by sundelbolong | May 29, 2020 | Business & Finance News
Denel employees will breathe a sigh of relief as most will still be able to pay their bills this month end. The trade union representing some of the state arms manufacturer’s employees, the National Union of Metalworkers of South Africa (NUMSA), said management...
by sundelbolong | May 29, 2020 | Business & Finance News
The Johannesburg High Court has stifled the Industrial Development Corporation of SA’s (IDC) attempt to place Kalagadi Manganese under business rescue for now. According to a statement by Kalagadi Manganese, the Court stuck IDC’s urgent application off the...
by sundelbolong | May 29, 2020 | Business & Finance News
The Public Investment Corporation announced on Friday that it would extend its suspension of former Chief Financial Officer and acting Chief Executive Matshepo More, pending finalisation of the of recommendations from the commission of inquiry into the PIC, chaired by...
by sundelbolong | May 29, 2020 | Business & Finance News
The Competition Commission has tackled over 1 500 cases of unfair pricing of essential items since the start of the Covid-19 pandemic, and has issued fines of over R13 million in total, according to Commissioner Tembinkosi Bonakele. Bonakele on Friday provided an...
