Rand will no longer be default SADC currency
The rand is due to lose its status as the regional currency.
American think-tank urges Trump to expel SA from Agoa benefits
South Africa’s access to the United States market through the African Growth and Opportunity Act should be suspended if the country changes the constitution to allow land expropriation without compensation, says American think-tank the Cato Institute.
Japanese shipping line to pay CompCom over R98m for cartel conduct
Japanese car carrier Kawasaki Kisen Kaisha (K-Line) has agreed to pay R98.9 million to the Competition Commission of South Africa after it admitted to cartel conduct.
Gama delivers Transnet results despite dark clouds gathering
Transnet’s revenue has risen to R72.9bn, up by 11.3% from the previous financial year, with net profit increasing from R2.8bn to R4.9bn.
National minimum wage bill clears parliamentary passage
The National Minimum Wage Bill was approved by the National Council of Provinces on Tuesday and will now go to President Cyril Ramaphosa to be signed into law.
Local fruit export industry pioneer dies
Louis Kriel, one of the founders and international promoters of the South African fruit export industry, passed away earlier this month.
