Hungarian energy group MOL has transferred the transit fee for use of the Ukrainian section of the pipeline
As the power of the West wanes world trade will increasingly happen in currencies other than dollars and euros
But Numsa’s Irvin Jim is adamant the sector can absorb the union’s demand for a 20% wage hike, way above the 6.5% headline inflation rate
MEC for economic development, tourism and environmental affairs Ravi Pillay resigned as a member of the KZN legislature and as a member of the executive committee
The hefty hike will be felt by all South Africans when gas-reliant manufacturers such as those that produce bread, are forced to hike prices
That would allow President Ranil Wickremesinghe time to institute tough economic reforms to secure a bailout from the IMF
Failure to win on Saturday would put coach Ian Foster and captain under pressure in terms of their future with the team
Chris and Suzaan Alheit have been making some of the Cape’s finest whites for the past ten years, the latest vintage being no exception
Vehicle tracking and fleet management specialist Cartrack is upbeat about its recent foray into the competitive US market.Cartrack’s main operating base is SA and Africa, with markets in selected countries in the Asia-Pacific region and Europe.
The company established an operational foothold in California in 2016 and — according to an annual report released this week — has to date incurred start-up and initial operating costs of R4m.Cartrack CEO Zak Calisto said in-field testing of hardware and related software functionality on a new upgraded platform would start shortly.
He said Cartrack’s strong product offering — coupled with competitive pricing as well as a developing distribution and operating infrastructure — would provide the platform for market penetration in 2018.
Calisto pointed out that despite being one of the most advanced economies in the world, the US’s telematics penetration was relatively low at between 15% and 30%.
But he noted that the Federal Highway Traffic Safe...
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