Hungarian energy group MOL has transferred the transit fee for use of the Ukrainian section of the pipeline
With tensions rising in the Indo-Pacific, both sides will want the support of the continent
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
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
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
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
Financial services firm Alexander Forbes has named former Absa executive Ann Leepile the CEO of its investment arm with effect from February.
Leepile rejoins the group after six years as head of Absa Asset Management, and had previously been deputy head of Alexander Forbes’s investment business, which oversees about R420bn of savings.
Leepile has two decades of experience in the investment industry and her appointment comes amid a strategic shift away from insurance to focus on retirement fund administration and employee benefits.
“Ann’s appointment sharpens our focus to deliver upon the immense potential that now exists within Alexander Forbes Investments to grow exponentially into the future as we leverage our transformative investment capabilities, institutional scale and market-leading membership base,” Alexander Forbes CEO Dawie de Villiers said in a statement.
“This is an exciting phase for Alexander Forbes Investments and I look forward to the impact that the business will continue to make on the lives of our clients,” De Villiers said.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.