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
Seldom has there been so much agreement on one policy intervention. Infrastructure is front and centre of economic revival policies from the ANC, business, the government and economists on both left and right. The problem is that it is much easier said than done. The fact is that public infrastructure investment has been shrinking and the causes of that cannot be wished away.
There are deep reasons for this, despite some attempts to solve it. The Presidential Infrastructure Co-ordinating Commission was created a decade ago to follow through on the National Development Plan’s infrastructure vision. Little has come of it. Now we have the Investment and Infrastructure Office in the presidency too, tasked with unblocking a pipeline for the future. There is much hope it will be able to deliver, but it has a long way to go. Its Sustainable Infrastructure Development Symposium two weeks ago was long on vision but short on detail...
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