Earthquake kills more than 4 300 in Syria and Turkey, Erdogan declares mourning period
(News24) – Turkey and Syria rescuers searched thousands of earthquake-damaged buildings on Monday night with their own hands for survivors. After a swarm of severe tremors near the Turkey-Syria border, the verified death toll has risen past 4,300. READ MORE
Big gas users warn Sasol will kill businesses with its massive price hikes
(News24) – Sasol has delayed the implementation of a price rise, stating that it is addressing its customers’ complaints with the National Energy Regulator of South Africa (Nersa). According to the Industrial Gas Users’ Association of Southern Africa, the 2022 price hikes would be 680% over production costs. READ MORE
Economists urge Ramaphosa to reshuffle cabinet and save SA
(EWN) – Economic analysts say Ramaphosa must reshuffle his cabinet to accomplish his growth and recovery goals. The statements follow gloomy economic forecasts amid continuous load shedding and soaring unemployment. READ MORE
What’s happening in the markets?
(News24) By Monday evening, the rand had weakened to R17.69/$ as the dollar continued to rise in the wake of US employment data that defied forecasts and fueled anticipation of additional Federal Reserve rate hikes. READ MORE
