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Get the latest Business and Financial news in South Africa as it happens.

Government considers capping the price of petrol

Government was considering capping the price of 93 unleaded petrol, Energy Minister Jeff Radebe said on Thursday. Radebe, who joined his communications counterpart, Nomvula Mokonyane, during the post-cabinet media briefing, said they were consulting the industry on the proposal. “Last week, as the department, we started a consultation process with …

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Rand slips slightly – herewith the reason

The US-Mexico-Canada trade deal is expected to result in increased local content in the auto sector and will grant US producers access to Canada’s 3.5% dairy market RMB economist Mpho Tsebe explained in a market update. “However, the deal is only scheduled to be signed after 30 November. Nonetheless, the …

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Transnet wants to fire Siyabonga Gama

Siyabonga Gama

The Transnet board has given Group CEO Siyabonga Gama 10 days to submit reasons as to why he should not be fired, board Chairman Popo Molefe said on Thursday. “The board of Transnet has today served Mr Siyabonga Gama with a letter informing him of the board’s intention to terminate …

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Things every female entrepreneur should know

female entrepreneur

Remember the days when owning a business was merely a dream? All the goals you set yourself and the “when I start a business” conversations you had with like-minded friends – detailing exactly how you plan on making an impact in the community. And then, there was the day you …

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