Fuel prices: Petrol in Zimbabwe ‘beyond reach’

Harare – The war in Ukraine has seen the prices of fuel rocketing worldwide. In Zimbabwe, government recently claimed that the country’s fuel prices will stabilise due to blending locally made ethanol. But surprisingly the prices continue to grow every two weeks. In 2019, Zimbabwe was rocked by protests after the government increased fuel prices […]

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Doris Tshepe appointed head of the Competition Commission

Johannesburg – Minister of Trade, Industry and Competition Ebrahim Patel has appointed Doris Tshepe as the new head of the Competition Commission. Tshepe has been a practicing attorney for over 20 years specialising in constitutional and administrative law, legislative drafting, media and communication law. In 2019, she served on an advisory panel on the major […]

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Vodacom gets top score for BEE

Johannesburg – Mobile operator Vodacom yesterday said it had achieved the highest score of Level 1 contributor towards Broad-Based Black Economic Empowerment (B-BBEE) for a fourth consecutive year. “This is a fantastic achievement that clearly demonstrates our strong commitment to the transformation agenda and is testament to our commitment towards the transformation of this economy. […]

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Council warns platinum surplus is “fragile”, expects lower output from SA

Platinum’s surplus is “fragile” amid supply risks and growing demand, according to the World Platinum Investment Council. “Supply is fairly constrained and you will not see supply from mines growing in the near or medium-term future,” CEO Paul Wilson said at a precious metals conference in Singapore on Tuesday. “What we see in terms of […]

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Mercedes Benz recalls older models over faulty brakes

Johannesburg – Mercedes Benz is recalling almost a million older cars from around the world over faulty brakes. Around 70,000 of those are in Germany. The recall is for the SUV ML and GL series and R-series luxury minivans built between 2004 and 2015. The manufacturer will inspect all vehicles and replace parts if necessary. […]

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Govt pegs private partnerships as the solution to SA’s struggling rail sector

Johannesburg – Government says it hopes to revive the country’s rail sector through private partnerships, which will overhaul ownership and participation patterns. Speaking at the launching of the rail policy in Johannesburg, Public Enterprises Minister Pravin Gordhan called for the transformation of the sector, saying the high level of concentration in the economy by a […]

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No decision yet from govt on extension of fuel levy interventions

Cape Town – Government is still deciding on whether to extend its fuel levy intervention as South Africans brace for another fuel increase. Petrol at the pumps is expected to increase by up to R2.36 per litre from next Wednesday. Mondli Gungubele briefed the media about the matter on Thursday following a Cabinet meeting this […]

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SARS warns taxpayers to avoid branches amid strike by its workers

Johannesburg – The South African Revenue Services (Sars) is warning taxpayers to avoid visiting their branches amid the strike by their workers. Consumers are advised to rather use the Sars website. This follows threats by the National Education, Health and Allied Workers Union (Nehawu) and the Public Servants Association (PSA) to shut down branches. The […]

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