Physical oil prices have fallen internationally, reflecting easing concerns over Russian-led supply disruptions and worries of a global economic slowdown
US retailers stocked up on goods last autumn and winter only to face a demand downturn as consumers divert spending to increasingly expensive fuel and food
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Headline earnings could rise as much as 73% to R5.455bn in the insurer’s half-year to end-June
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Reducing people’s unnecessary movement for a few days as soon as new cases emerge is a key practice of the East Asian country’s Covid-zero strategy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Mercedes-Benz will bring its luxurious EQS electric vehicle to SA later in 2022
As we accept the reality that Eskom’s load-shedding is once more upon us, we should also shed a tear for President Cyril Ramaphosa’s noble plans to fix the SA economy, and for his investment envoys and job creation initiatives. Eskom’s decelerating profit levels and increasing inability to repay its almost R435bn debt or the compounding loan interests are worrisome.
Of greater concern is that the details of loan agreements signed between Eskom and the Export-Import Bank of China (Exim), with ample support from the China Development Bank, are shrouded in secrecy.
PODCAST: Business Spotlight for more insight and analysis..
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.