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Plettenberg Bay Business News

Business News Articles
Sasol keeps hurting investors, but management remains positive Sasol keeps hurting investors, but management remains positiveDate: 25/02/2020

It must have stung like Mercurochrome in a fresh wound to check Sasol’s share price after the chemical group announced its...

Mboweni’s Budget unlikely to stop SA’s march to junk, say economists Mboweni’s Budget unlikely to stop SA’s march to junk, say economistsDate: 25/02/2020

Finance Minister Tito Mboweni’s Budget this week is unlikely to convince Moody’s Investors Service that he has a credible plan...

Irba reports Nova to Sars and CIPC Irba reports Nova to Sars and CIPCDate: 24/02/2020

The Independent Regulatory Board for Auditors (Irba) has referred a reportable irregularity (RI), filed by the company’s...

Manufacturer recalls Manufacturer recalls 'unfit for consumption' 400g tins of PilchardsDate: 24/02/2020

Customers who have recently purchased canned Pilchards in Tomato Sauce in 400g tins under the Shoprite, Checkers and OK house...

SA farmers set for a good year SA farmers set for a good yearDate: 21/02/2020

Bigger maize harvest could help contain food price inflation at around 4% locally – while the door to exporting to Zimbabwe...

Summer crops: SA farmers set for a good year Summer crops: SA farmers set for a good yearDate: 20/02/2020

Bigger maize harvest could help contain food price inflation at around 4% locally – while the door to exporting to Zimbabwe has...

Stage 2 load shedding from 9am today until 6am on Saturday Stage 2 load shedding from 9am today until 6am on SaturdayDate: 20/02/2020

Embattled power utility Eskom has announced that Stage 2 rotational load shedding will be implemented from 9 am on Thursday...

Emigration: The costs of leaving South Africa Emigration: The costs of leaving South AfricaDate: 19/02/2020

The decision to emigrate to a foreign country is never one taken lightly. From a financial planning perspective, there is an...

Ramaphosa speeds up funding for infrastructure Ramaphosa speeds up funding for infrastructureDate: 19/02/2020

President Cyril Ramaphosa is moving at speed to try and secure funding for infrastructure development in the country...

Durban gives Ramaphosa Durban gives Ramaphosa's IPP plan thumbs upDate: 18/02/2020

The government’s plan to enable financially stable municipalities to buy power from independent producers (IPPs) will bring...

Transnet International Holdings: Winning over Africa, two years later Transnet International Holdings: Winning over Africa, two years laterDate: 18/02/2020

Investing extensively in the broader economy of the African continent could be a game-changer state-owned freight rail carrier...

A raring AB de Villiers will automatically go to World T20, says Boucher A raring AB de Villiers will automatically go to World T20, says BoucherDate: 17/02/2020

The Proteas answered a few questions in the T20 series loss to England and it’s clear Kagiso Rabada is also missed...

BMW to build school for 1,600 children in Ga-Rankuwa BMW to build school for 1,600 children in Ga-RankuwaDate: 17/02/2020

BMW SA says the building will start in 2021 and it will partner with an independent education partner to run the school...

Load-shedding contributing to spike in battery theft, costing telecom firms millions Load-shedding contributing to spike in battery theft, costing telecom firms millionsDate: 17/02/2020

Telecom companies Vodacom and MTN say they are losing millions of rand in capital expenditure as a result of a spike in battery...

Success of Parasite a boon for South Korean hedge funds Success of Parasite a boon for South Korean hedge fundsDate: 14/02/2020

The Oscar-winning movie shows why investors are putting their money in alternative investments as global interest rates fall...

SA to get sovereign wealth fund, state bank SA to get sovereign wealth fund, state bankDate: 14/02/2020

President Cyril Ramaphosa confirmed in his State of the Nation speech on Thursday that the government is set to establish...

Solidarity rejects plan to use workers’ pensions to bailout Eskom, warns of court action Solidarity rejects plan to use workers’ pensions to bailout Eskom, warns of court actionDate: 13/02/2020

Trade union Solidarity has threatened legal action against a proposed plan to use the pensions of government employees to cut...

Job cuts expected at SAB Job cuts expected at SABDate: 12/02/2020

Yet another major corporate – AB InBev’s South African Breweries (SAB) unit – is looking at cutting jobs, in the face of tough...

Ramaphosa must show he can take hard decisions at SONA, says business lobby group Ramaphosa must show he can take hard decisions at SONA, says business lobby groupDate: 12/02/2020

Business Unity South Africa says it would like to hear President Cyril Ramaphosa make "urgent pronouncements on far-reaching...

New e-toll fees gazetted New e-toll fees gazettedDate: 11/02/2020

Despite an imminent government decision on the future of e-tolls, the Department of Transport has published revised e-toll...

Renewables could be Eskom’s saving grace to restore efficient electricity generation Renewables could be Eskom’s saving grace to restore efficient electricity generationDate: 11/02/2020

Diversifying the power utility’s energy mix could buy vital time to support and restore problematic power plants, and ease...

Public protector digs deep into Aaron Motsoaledi Public protector digs deep into Aaron Motsoaledi's pastDate: 10/02/2020

Public protector Busisiwe Mkhwebane has "resurrected" an eight-year-old case against home affairs minister Aaron Motsoaledi...

Eskom lifts stage two loadshedding, cuts to return Monday Eskom lifts stage two loadshedding, cuts to return MondayDate: 10/02/2020

Eskom announced on its Twitter account on Sunday evening that it would lift stage two load-shedding at 21:00 that evening...

Exorbitant water bills - Perhaps you have an undetected leak? Exorbitant water bills - Perhaps you have an undetected leak?Date: 04/02/2020

When you engage with Prestige, as your ‘Water Doctor’, we become a resource that can offer farsighted and practical advice...

Busa welcomes union proposals on Eskom Busa welcomes union proposals on EskomDate: 04/02/2020

South Africa’s main business-lobby group welcomed proposals by the nation’s biggest labour-union federation to rescue debt...

New CEO faces tough task to get Transnet on the right track New CEO faces tough task to get Transnet on the right trackDate: 04/02/2020

Unlike most of SA's other state-owned enterprises, Transnet isn't a financial basket case. While it has a debt burden of more...

Toyota SA to invest over R4bn in car assembly and parts Toyota SA to invest over R4bn in car assembly and partsDate: 03/02/2020

The new model line to replace Corolla at Prospecton plant, and 1,500 jobs to be created...

SA Airlink wants to sue SAA for R700m SA Airlink wants to sue SAA for R700mDate: 03/02/2020

SA Airlink has approached the High Court in Johannesburg for special permission to sue South African Airways (SAA) and its...

Ramaphosa calls on SA business to contribute to African growth Ramaphosa calls on SA business to contribute to African growthDate: 30/01/2020

In a statement from the presidency on Tuesday, President Cyril Ramaphosa called on the South African business sector to “form...

Eskom warns of risk of load shedding on Thursday evening Eskom warns of risk of load shedding on Thursday eveningDate: 30/01/2020

In a power update, the utility said that while it has sufficient generating capacity for the day, it may need to institute...



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