Hungarian energy group MOL has transferred the transit fee for use of the Ukrainian section of the pipeline
In 2013 Eskom had 2,500 engineers. There are now 1,500, and on average 200 individuals with critical skills are quitting each month
Breakdowns of a generation unit each at the Majuba and Tutuka power stations and two at Kriel power station, are the cause
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Mudiwa Gavaza joins Smangele Nkosi, GM of Cisco SA
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
Employers have offered a multiterm wage agreement for increases of up to 6.2%, but Numsa wants a one-year 20% increase
Lack of evidence against Carolyn Bryant Donham cited as reason for not indicting her
Stars of tennis, including the Big Three, are all nearing retirement age
Data provides real-time information to help insurers understand client driving behaviour
The PGA Tour announced record prize money for the 2022/2023 season on Monday, with eight invitationals offering “elevated” purses between $15m and $25m.
The move comes as the circuit is fighting back against the Saudi-backed LIV Golf Invitational Series, which has led to the defection of several high-profile players on multimillion-dollar deals, including six-times Major winner Phil Mickelson.
The total value of the purses for the 43 non-majors is $428.6m, an increase of $68.3m from the previous season, according to the tour.
“We’ve heard from our fans and the overwhelming sentiment was that they wanted more consequences for both the FedExCup Regular Season and the Playoffs, and to further strengthen events that traditionally feature top players competing head-to-head,” PGA Tour commissioner Jay Monahan said in a statement.
Just 70 players will earn a start to the first FedExCup Playoffs event, with the Tour Championship set to begin on August 21 in Atlanta. The tour moves to a calendar-year season in 2024.
In July, the PGA Tour sent a memo to players outlining a new ranking called the “FedExCup Playoffs and Eligibility Points List” that omits players who have been suspended but have not resigned from the circuit.
The move ensured those who joined the LIV Golf Invitational Series do not negatively affect others’ eligibility.
The upcoming PGA Tour season will include 47 tournaments and begins on September 12 with the Fortinet Championship in Napa, California.
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.
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.