busrep The envisioned developments are impressive. Airports are the first hints foreign travellers see of a country. A first good impression is priceless.
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Eskom stage 4 load shedding wipes away rand gains | IOL Business ReportDomestic currency tumbles to its weakest level against the dollar in almost three weeks after rolling power cuts take effect. busrep Maybe it's AbsaSouthAfrica and StandardBankZA... busrep Could not organise a piss up in a brewery with the doors open 24/7 !!
Source: IOL - 🏆 46. / 51 Read more »
#SONA2019: Rand looks to Ramaphosa as emerging markets run out of steam | IOL Business ReportA well-received Sona will help the rand in the short term whereas a badly received address will see it on the back foot heading to the budget speech.
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WATCH: Rand doesn't reflect 'Ramaphoria' in build up to #SONA2019 | IOL Business ReportGet the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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Soweto businesses get full land ownership rights | IOL Business ReportBusiness owners and NGOs in Soweto on Monday received title deeds through the Johannesburg Property Company’s Land Regularisation Programme.
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Moody's says Eskom split will do little to solve financial problems - reports | IOL Business ReportPresident Ramaphosa said Eskom would be divided into Generation, Transmission and Distribution entities as part of a new business model. Increased tariffs won't save Eskom. They need to address: -Medupi & Kusile are way behind schedule, way over budget, & finished parts breaking down) -Poor management -Overstaffing -Neglected infrastructure -Electricity theft -Nonpaying users -Defaulting municipalities
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Ramaphosa moves to allay mining fears | IOL Business ReportPresident says land expropriation will not involve taking away investors’ land and the government was working on a plan to address Eskom problems. busrep Probably will say something else on another platform, cant be trusted support land grabs
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Admission of guilt leaves Standard Chartered with R536m bloody nose | IOL Business ReportStandard Chartered on Tuesday became the latest bank to settle with US anti-graft authorities over currency manipulation. busrep A mere slap on the wrist. Doesn't send a strong enough message. Has anyone been jailed?
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Renault to alert prosecutors over ex-CEO Ghosn's wedding costs | IOL Business ReportRenault is investigating a sponsorship deal with the Chateau de Versailles that included a 5.$57,000 personal benefit to its scandal-hit Carlos Ghosn.
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