by sundelbolong | Jun 3, 2020 | Business & Finance News
Sasol shares gained as much as 14% on Wednesday as the price of Brent Crude oil rose above $40 a barrel for the first time in nearly three months, before pairing gains to trade up 1.5% in the early aftrenoon. After coming under pressure from the combined effects of...
by sundelbolong | Jun 2, 2020 | Business & Finance News
One of SA’s largest banks, FNB says the coronavirus pandemic is heightening competition for banks and foresees the possibility of mergers and acquisitions as lenders vie for reduced consumer income. “When the economy goes through this level of challenges,...
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...
by sundelbolong | May 29, 2020 | Business & Finance News
The fall in the petrol price of recent months is set to come to an end in June, according to the latest projections released by the Automobile Association on Friday. The Association said in a statement that petrol is expected to increase by up to R1.18 a litre. The...
by sundelbolong | May 28, 2020 | Business & Finance News
Mr Price has rejected speculation that it has been looking to acquire retail chain Jet, a unit of struggling fashion giant, Edcon, which recently went into business rescue. “The Group has no intention to acquire Edcon, in part or in whole,” the...
