Business confidence in SA slipped in March as the energy supply shortfall, higher interest rates and the volatile share market dented sentiment, the survey conducted by the SA Business Chamber of Commerce and Industry showed on Tuesday.
The business confidence index declined by 0.6 index points to 111.3 in March versus 111.9 recorded in February. The reading is fairly consistent with other economic indicators pointing to the crippling effect of electricity rationing on businesses...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 TimesLive Premium.
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New R1.2bn solar project will shield Cape Town from one stage of load shedding | BusinessThe City of Cape Town has decided to pursue an R1.2 billion solar PV and battery storage project, which should shield it from one full stage of load shedding. | News24_Business _Business That’s a waste _Business 1 stage. _Business I know western cape uses 3500MW per day & a bulk of it from Capetown. I just don't know the logic that 60MW will shield CPT from 1 stage of load shedding will actually work. But anyways commendable the city is doing something. Just all politicians baffle me they seem clueless...
แหล่ง: News24 - 🏆 4. / 80 อ่านเพิ่มเติม »
State has given Eskom half a trillion rand since load shedding started | BusinessEskom will have received close to half a trillion rand in state support almost two decades since it started imposing debilitating nationwide blackouts in 2008. | News24_Business _Business _Business Insaine, thats like 400k houses that could have been bought and given to the people and really decent homes too... _Business All looted by MYANC! VoetsekANC AncIsCorrupt
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Load shedding in SA is hitting factories in Mauritius | BusinessThe inability of Eskom to meet demand is not only hurting South Africa but affecting manufacturers on an island more than 3 200km away. | News24_Business _Business Nope. This is BBBEE at its finest enjoy the results!!
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South African business confidence falls further in March - SACCISouth African business confidence fell further in March, with power blackouts, rising interest rates and lower share prices on the Johannesburg bourse among factors weighing on sentiment, data showed on Tuesday.
แหล่ง: ReutersAfrica - 🏆 31. / 53 อ่านเพิ่มเติม »
Anglo interested in Teck's base metals business, sources say | BusinessTeck Resources has been approached by Vale, Anglo American and Freeport-McMoRanamong others to explore deals for its base metals business if the Canadian copper miner goes ahead with a planned split. | News24_Business
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Rolling blackouts have negative impact on business: Business Leadership South Africa - SABC NewsOrganised business has expressed serious concerns about ongoing rolling blackouts in South Africa. Speaking at the Africa Continental Free Trade Area business forum underway in Cape Town, Chief Executive Officer of Business Leadership South Africa, Busisiwe Mavuso, says rolling blackouts have a negative impact on businesses and trade in Africa.
แหล่ง: SABCNews - 🏆 37. / 51 อ่านเพิ่มเติม »