Eskom has announced a reduction in the load-shedding stages it plans to implement in the coming week. According to a statement on Sunday afternoon, the utility initially planned to implement stage …
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SOUTH AFRICAN
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BusinessGlobal NewsMobile Telecommunications Network (MTN)Southern AfricaSpotlightTelecommunications
MTN in a war against SARS for potentially double-dipping VAT on airtime
MTN and South African Revenue Services (SARS) are battling a case where the mobile network operator demands clarity about how VAT should apply to airtime vouchers according to PricewaterhouseCoopers (PWC) …
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BusinessEnergySouthern AfricaTechnology
Eskom addresses R50 billion debt the South African government owes
South Africa has established a multi-disciplinary revenue committee to address municipal and government debt to Eskom which currently sits at around R50 billion. Eskom is part of the committee, and …
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BusinessSouthern Africa
South African Post Office ordered to pay R4.5m in employees’ outstanding medical aid contributions
The Labor Court has ordered the South African Post Office (SAPO) to pay R4.5 million in employees’ outstanding medical aid contributions before the end of the week. Trade union Solidarity …
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BusinessSouthern Africa
Transnet meets with unions again to try ending crippling strike, as business offers to pay more
Transnet said it would take another crack at ending a crippling strike by unions as it returns to the negotiations under the Commission of Conciliation, Mediation, and Arbitration (CCMA) on …
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Sibanye-Stillwater’s profit for the six months to end-June, slumped by 51% to R12.3 billion from a record level last year. Its latest half-year profit performance is still the third-largest on …
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BusinessEnergyScholarshipsSouthern Africa
Kibo to extend power purchase agreement on its energy from plastic project to 20 years
JSE-listed Kibo Energy has extended its conditional 10-year take-or-pay power purchase agreement (PPA) for a 2.7 megawatt (MW) plastic-to-syngas power plant in Gauteng, to 20 years. Kibo CEO Louis Coetzee notes …
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Southern AfricaTransportation & LogisiticsTrending Today
South African Airways and Kenya Airways sign new codeshare deal
SAA, South African Airways and Kenya Airways have signed a new codeshare agreement. The deal enables travelers to combine flight segments and baggage on a single ticket as the codeshare agreement …
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Sasol Ltd, South African fuel and petrochemical company Sasol Ltd said on sunday that it will restart its refinery by the end of July after the company declared force majeure …
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Kenya’s imports from South Africa more than doubled in the first three months of 2022 after rising by 64 percent to Sh 17.7 billion from Shs10.8 billion reported during a …
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