BUSINESS
The 33-year-old owners of Linsen Nambi, the company they started in 2012, made maritime history as youth owners when they bought Grindrod’s Unicorn Bunker Services. With their female empowerment partners, Women in Oil and Energy, they became the role model for the Government’s initiative to unlock transformation in the maritime – and liquid fuels – […]
This was confirmed by the board at SA Express. Mzimela’s appointment although in the acting capacity, was supported by the minister of Public Enterprises Pravin Gordhan, whom many believe will bring in changes at the troubled SA Express. She has more than 20 years’ in the aviation industry. The ministry of public enterprises and the […]
This follows the industrial action by unions, but according to troubled utility supplier Eskom, will only be implemented if necessary. It said the electricity system remains constrained with a high probability of Stage 1 rotational load shedding that began on Tuesday evening from 17:00 to 21:00 as a result of the industrial action which continues […]
This follows another fuel hike. In the beginning of August 2018, price fuel will increase slightly. Marginal or not the effects it will be felt. The Department of Energy (DoE) announced on Monday that the price of both grades of petrol would increase by 1c a litre from Wednesday. Diesel will cost 4c a litre less. […]
Two weeks ago Old Mutual Plc independently registered on the JSE in an effort to capture the African market. Today, Absa unveiled its new corporate identity as part of its new purpose and strategic direction which commits to Africa as well. The launch took place at the Johannesburg Stock Exchange headquarters, Sandton. This means the […]
Following the closure of Afro Voice (then New Age) things could as well go bad for Afro World View– previously ANN7. Jimmy Manyi the owner of the media house, has staff and administrative to explain the decision to fold, that’s if he hasn’t already. Reports are that advertising had dried up due to the Gupta […]
The decision affords OML to debut as a stand-alone business on several stock exchanges in Africa. “The table is set for this historic event. We have a very compelling investment case that we’ve been sharing with potential and existing investors at our recent Investor Roadshow, and the excitement is really palpable. Old Mutual has been […]
This follows United Stations’ admission of participating in a cartel after being involved in price fixing and the fixing of trading conditions. The company entered into a settlement agreement with the Competition Commission after 28 media companies were referred to the Tribunal for prosecution. United Stations is the eighth company to conclude a settlement agreement […]
Launched 7 years ago, the competition has created jobs for App developers from young to old throughout the country, with 50 apps submitted in its maiden year. Thus far the competition has drawn over 600 entries in 2017 and this year, could increase as technology evolves in everyday of our lives. 2018 overall winner walks […]
The Committee was also briefed on the establishment of a task team which intervened to save the Steel Industry from threats of closure and loss of capacity. The dti official also stated: “Following the establishment of the task team, there has been numerous short to medium term measures that have been put in place to […]