Economy
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Economy
Sibanye could cut 4 000 jobs as it restructures gold operations
Date:Apr 11, 2024
Diversified miner Sibanye Stillwater said this Thursday the planned restructuring of its South African gold operations could result in the loss of 4 022 jobs.
WeBuyCars marks SA market debut with share price rise
Date:Apr 11, 2024
WeBuyCars made its market debut on Thursday, giving the South African secondhand vehicle trader a market capitalisation of $441 million on the Johannesburg Stock Exchange (JSE).
‘Multilateral development banks still need to work on implementing reforms’
Date:Apr 11, 2024
The World Bank and six other multilateral banks have made good progress in integrating global challenges like climate change into their agendas, but most have miles to go in implementing other needed reforms, a tool tracking the reforms shows.
Russia begins diesel exports to Sudan, LSEG data shows
Date:Apr 11, 2024
Russia has begun diesel exports to Sudan as Moscow seeks new markets for its refined products after an European Union (EU) embargo, LSEG data shows.
SA loadshedding schedule remains suspended
Date:Apr 11, 2024
South Africa’s power utility, Eskom, has announced that load shedding will remain suspended until further notice.
Global credit outlook for 2024 worsens: Survey
Date:Apr 11, 2024
Portfolio and asset managers at some of the largest financial institutions hold a negative outlook on global credit conditions, according to a survey by the International Association of Credit Portfolio Managers (IACPM).
Meta to blur Instagram messages containing nudity in latest move for teen safety
Date:Apr 11, 2024
Instagram will test features that blur messages containing nudity to safeguard teens and prevent potential scammers from reaching them, its parent Meta said on Thursday as it tries to allay concerns over harmful content on its apps.
SA municipalities plagued by financial frailty: Report
Date:Apr 11, 2024
A comprehensive assessment by Ratings Afrika shows financial frailty plagues numerous South African municipalities, threatening the quality of public service and the very functionality of these local governments.
Revamped border posts clear Malawi trade barriers World Bank
Date:Apr 11, 2024
The introduction of One-Stop Border Posts (OSBPs) in Malawi has had an auspicious effect on the Southern African country’s trade and economy, the World Bank says.
ACSA intervenes to avert jet fuel shortages at OR Tambo Airport
Date:Apr 11, 2024
Airports Company South Africa (ACSA) has confirmed its participation in the ongoing discussions to avert the impact of the looming fuel shortages on its OR Tambo International Airport operations.
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