Business and Finance | Webmail.co.za
 

Welcome to Webmail!

We offer FREE email, cloud storage and more. Get your FREE account!

Business

LATEST

Eskom: We may not have to institute stage 8 load shedding

An Eskom official also told Parliament the power utility didn't see a reason to implement load shedding this week or in the foreseeable future.

AMCU firm on Sibanye strike, warns of fresh strike in platinum sector

The trade union is pressing ahead with a protected wage strike at Sibanye-Stillwater's gold operations, after the company stuck to its offer in the 48-hour notice period.

Markets LIVE: Rand firms by more than 1% on eve of rate announcement

South Africa's rand extended its advance, suggesting some traders may be expecting an interest rate increase on Thursday even after inflation data came in slightly softer than economists' expectations.

Facebook tripped up by server problem, triggers memes about users getting work done

Facebook said users had trouble accessing the social network and its other applications such as Instagram for a chunk of the day due to a server software problem.

PIC's ‘Dr Dan' offers to resign - at end of April next year

Dr Dan Matjila, the charismatic and controversial boss of the Public Investment Corporation, has offered to resign - but effective in five months only.

Axed SARS commissioner Moyane may testify at state capture inquiry

Axed SARS commissioner Tom Moyane may take the stand at the state capture inquiry should his lawyer's application to cross-examine Public Enterprises Minister Pravin Gordhan succeed.

Ghosn's arrest brings Nissan-Renault tensions to the surface

Tensions between Nissan and Renault over the future of their partnership have exploded as the downfall of Chairman Carlos Ghosn roils the industry and his top lieutenant, Hiroto Saikawa, moves to consolidate power in his absence.

Sasol forecasts stronger first-half profit on higher oil prices

Sasol says it expects to report strong first-half earnings, boosted by higher oil prices and a weaker rand.

May heads to Brussels to fix post-Brexit plan in time for summit

Theresa May is heading to Brussels for Brexit talks - trapped between her colleagues, who want her to re-write the deal, and European leaders, who say they'll walk away if she does.

Analysts divided ahead of Thursday's Reserve Bank rate decision

Analysts haven't been this divided on a South African rate decision since March 2016 - and then the central bank responded with a hike.

Treasury official hails Momentum policy change, vows industry standards will be reviewed

After expressing disappointment in the way Momentum had handled a life insurance claim of a client, Treasury Deputy Director General Ismail Momoniat has welcomed the insurer's decision to change its policy stance.

Inflation rises slightly to 5.1% in October - Stats SA

StatsSA has announced that annual consumer price inflation has come in at 5.1% for the month of October.

Pound sees calm before storm as leadership challenge risk wanes

As UK Prime Minister Theresa May shakes off the threat of a leadership crisis, the pound is getting a chance to catch its breath.

Lawyers advised us not to disclose investment info to Parly, says PIC

The Public Investment Corporation has said it cannot share information on its investments with Parliament's Standing Committee on Public Accounts, as it may subject the investment manager to litigation.

Moody's approves of Eskom's 15% tariff hike application

Eskom's application for a 15% tariff hike in each of the next three years is credit positive and will allow the power utility to address rising operating costs and its capital expenditure programme, which includes the completion of coal-fired power stations and new investments, according to Moody's Investor Services.

What Momentum's about-turn means for clients

Momentum on Tuesday evening announced that it would be paying out a death benefit to the widow of its slain policy holder Nathan Ganas.

Analysis: Eskom capacity at lowest in years

While coal supplies can be supplemented short-term, Eskom faces structural problems that left its ability to supply power at its lowest in years.

Companies urged to register cannabis trademarks as pot takes root

Global companies who plan to diversify or launch their cannabis products have been advised to identify their consumer base, create their brand and file a trademark ahead of the competition.

Oil drops to one-year low on concern supply cuts won't stem glut

Oil tumbled below $53 a barrel for the first time in a year amid concern OPEC's plans to cut production won't be enough to stem a surge in stockpiles.
Back to Top