While you were asleep

Here’s what we’re reading: SA Business Load shedding crisis as Eskom breakdowns hit new record – The CitizenEskom had a bad weekend, and it doesn’t look like a good week (or year) ahead for load shedding – Business InsiderWhy medical aids in South Africa ask for pre-authorisation – MyBroadbandPan-African crypto currency ‘can ease business costs’ – Ventureburn Global Business …

While you were asleep: KZN floods return SA to State of Disaster with over 440 dead Read More »

Here’s what we’re reading: SA Business Further load shedding not off the cards, Eskom warns – EWNKZN floods: PEP owner closes Durban distribution centre after ‘significant damage’ – Fin24Namibia Follows South Africa in Hiking Rate on Inflation Worries – Bloomberg Global Business Russia-Ukraine war will hit Africa hard and could even lead to conflict – World Bank – Fin24Jeff …

While you were asleep: KZN flooding death toll rises into the hundreds Read More »

Here’s what we’re reading: SA Business UPL toxic chemical waste leaks on to Durban beaches again in heavy rains – Daily MaverickGordhan and Godongwana step up public spat over SAA – Fin24Uber competitor DiDi seemingly ditches SA following driver strike – Fin24 Global Business Twitter investor sues Elon Musk for failure to promptly disclose his shares – The GuardianApple …

While you were asleep: Scores killed in KZN flooding, Eskom says possible 100 days of load shedding in winter Read More »

Here’s a roundup of the world’s top and most interesting headlines: SA Business Hiking Eskom tariffs is like rewarding inefficiency, says DMRE official – Fin24Despite ‘engagements’, SAA has about R1 billion stuck in Zimbabwe – Fin24Bayer vs Clicks in a blood-thinning battle – BizNews Global Business Honda to Spend $40 Billion on EV Push, Plans 30 Models – BloombergSK …

While you were asleep: From thousands of Killings in Ukraine to the return of load shedding Read More »

Former president Jacob Zuma will head to the Pietermaritzburg High Court today in what will be the long-awaited resumption of his corruption trial alongside French arms dealer Thales. The corruption case relates to a controversial multi-billion rand arms deal struck back in the 1990s. But Zuma isn’t done fighting the court just yet and will seek a …

While you were asleep: More fighting talk from Zuma as corruption trial resumes Read More »

We start this morning with the big global business story of the week, SA-born tech billionaire Elon Musk purchased a large stake in Twitter and snagged a seat on the board, which means the sometimes-erratic Musk could be in a prime position to shake things up at the social media giant. At the start of …

While you were asleep: Elon Musk incoming at Twitter. What could go wrong? Read More »

Not much is known about Russian President Vladimir Putin’s daughters, Katerina Tikhonova and Maria Vorontsova, but on Wednesday the US government hit the pair with new sanctions to target Putin’s personal assets. Officials in Washington believe much of Putin’s assets are hidden with family members and in an effort to stifle the war in Ukraine, …

While you were asleep: US targets Putin’s daughters with fresh sanctions, Motlanthe says Russia should be condemned Read More »

Yet another fuel price increase kicks in today with petrol going up by as much as 36 cents a litre, and our only reprieve is the scrapping of a R1.50 fuel levy from the price. Last week, finance minister Enoch Godongwana announced a temporary emergency intervention to help cushion the blow of soaring costs brought …

While you were asleep: Record high fuel prices hit the pumps Read More »

And just like that, the National State of Disaster was lifted last night after President Cyril Ramaphosa made a televised address to the nation. The move comes after South Africa spent the past 750 days in some form of lockdown. The president removed all the remaining restrictions imposed on the country and there are no …

While you were asleep: State of Disaster gone, some restrictions remain Read More »

A man lay dead on the roadside in the Ukrainian city of Bucha on Sunday with his hands tied behind his back and a bullet wound to his head. He is one of hundreds of local residents that officials say have been found dead in the wake of weeks of Russian occupation in the city.  …

While you were asleep: Ukraine accuses Russia of war crimes with hundreds of dead civilians found Read More »