Sowetan Live – Business News

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SowetanLIVE, published by Tiso Blackstar Group in Johannesburg, is the website of the Sowetan, the English-language South African daily newspaper that started in 1981 as a liberation struggle publication and which serves a proudly South African readership who have earned the right to be in the know and on the move.

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Private mobile operator Cell C, found guilty of promoting unavailable contracts by the Advertising Regulatory Board, has struck back, insisting the deal is legitimate and continues to be available.
Posted: February 3, 2023, 9:31 am
Impala Platinum's output of refined platinum group metal fell 9% year-on-year in the second half of 2022 as power cuts and a furnace rebuild hit smelter operations, the company said on Friday.
Posted: February 3, 2023, 8:51 am
Cosatu has joined growing calls for government to zero-rate chicken products, saying this will cushion the poor.
Posted: February 3, 2023, 5:54 am
Having failed to take off, Mara Phones South Africa, which was rescued by Lebashe Investment Group last year, will now retrench staff.
Posted: February 1, 2023, 12:47 pm
The road to stress-free finance starts with a plan to reduce debt, especially short-term debt with high interest rates.
Posted: February 1, 2023, 7:26 am
Only three of Durban’s five tugboats are functioning, as Transnet attempts to address the situation to ensure minimal disruption.
Posted: January 31, 2023, 10:08 am
As long as Eskom’s blackouts persist poverty will not be eliminated.
Posted: January 31, 2023, 5:15 am
Checkers has advertised in two UK and Australian to remind South African expats that the “grass is certainly not greener on the other side” when it comes to the cost of champagne and rump steak.
Posted: January 29, 2023, 12:16 pm
Deciduous fruit farmer Heinie du Toit frets as the worst power cuts on record threaten to take the shine off his apple and pear crops destined for foreign markets.
Posted: January 26, 2023, 11:16 am
South Africa's sugar industry is set to lose more than R700m this year due to load-shedding, according to data compiled by SA Canegrowers.
Posted: January 26, 2023, 7:37 am
Tholakele Jiyane got her first job in construction in 2019 and it came with the perks – from accommodation to petrol card and electricity.
Posted: January 25, 2023, 1:24 pm
Erratic electricity supplies affect poultry ventilation systems, slaughter schedules and chicken processing. Delayed slaughter schedules also lead to additional feeding costs.
Posted: January 25, 2023, 10:17 am
The Agricultural Business Chamber has called for "less severe" load-shedding stages in areas under irrigation and for food-processing facilities.
Posted: January 24, 2023, 8:50 am
For nine years from 2008, the New Jerusalem Angels of God church members would contribute R20 every month towards a year-end function.
Posted: January 18, 2023, 5:47 am
The government has a plan to improve energy provision that will end the need for any power cuts within the next 12-18 months, finance minister Enoch Godongwana.said on Monday.
Posted: January 17, 2023, 8:09 am
The Black Business Council (BBC) has warned that electricity blackouts and the 18,65% tariff increase would lead to more jobs being lost as small businesses buckled under the weight of Eskom's stage 6 loadshedding.
Posted: January 16, 2023, 5:48 am
Workers at several Eskom power stations in Mpumalanga want SA National Defence Force (SANDF) soldiers to do more to protect the utility's infrastructure. "They should be inside the premises and guarding the property inside as well," said an employee at Duvha power station. "We have had an incident where there was an attempt to steal copper cables while the army was here.
Posted: January 16, 2023, 5:47 am
A 44-year-old man is in critical condition in Osindisweni Hospital, Ethekwini after he was mauled by his neighbour’s two pit bulls.
Posted: January 15, 2023, 2:35 pm
The DA has called on theThekwini municipality to exempt some Durban suburbs from load-shedding after 40 hours without power.
Posted: January 15, 2023, 2:05 pm
An embargo on trucks offloading at the port of Richards Bay during the festive season caused high traffic volumes and backlogs of vehicles waiting to be serviced.
Posted: January 15, 2023, 1:23 pm
Arena Academy and the School of Entrepreneurship are giving away bursaries to the 4LIFE Entrepreneurship Mastery Programme worth R19,995 each
Posted: January 11, 2023, 12:15 pm
Italian energy group Eni and gas grid operator Snam have clinched a partnership to jointly manage their assets in the gas pipelines connecting Algeria to Italy, the companies said on Tuesday.
Posted: January 11, 2023, 8:02 am
Zambia has started rationing electricity supply to mining firms following reduced power generation after a big drop in water levels in Lake Kariba, the chair of state-owned power utility Zesco said on Tuesday.
Posted: January 11, 2023, 7:24 am
When Tsakani Kevin Khoza realised that he was selling cows to the same clients who had bereavements almost every second week, he thought it must be costly for them and decided to create packages to ease the burden.
Posted: January 11, 2023, 5:58 am
Kenya Airways is experiencing flight disruptions due to delays in securing aircraft components required for maintenance.
Posted: January 10, 2023, 7:28 am
Households and fast food lovers will soon find themselves paying more for chicken as loadshedding continues to disrupt production and supply of chicken at popular fast food eateries across the country.
Posted: January 6, 2023, 5:00 am
Twitter Inc on Tuesday said it would expand the types of political ads allowed on the social media platform, an apparent reversal of its 2019 global ban on political ads, as the Elon Musk-owned company seeks to grow revenue.
Posted: January 4, 2023, 12:24 pm
Libya's oil revenues rose to R370bn in 2022 from R363bn in 2021, the country's central bank said on Wednesday.
Posted: January 4, 2023, 11:22 am
As the year starts, we need to set clear goals which will go a long way in ensuring that our money sustains us in the future. One thing you can do is join a grocery stokvel.
Posted: January 4, 2023, 5:45 am
Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter.
Posted: December 21, 2022, 12:39 pm