Stand by for another week of reduced load shedding, the rand consequently improves, and the BRICS summit could have a new host relieving international pressure to arrest Putin should he set foot on South African soil.
South Africa's current account deficit shrinks, a slight decrease in load shedding sees the rand improve marginally, and the country moves to resolve Russia conundrum.
Business confidence in South Africa falls, the Independent Centre for Development and Enterprise blasts the country's "anti-growth strategy', and big business leaders meet with the president.
SA's GDP rises slightly, the country loses its bid to host a Formula One race due to its political alliance with Russia, and professional golf's warring partners have come together in a shock merger.
A drop in the price of diesel and fuel tomorrow, paper giant Mondi to divest its operations in Russia, and Apple unveils its first major product in over a decade - it will set you back about R70 000.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
The rand hits fresh record lows against the dollar, the International Criminal Court has stern words for the government ahead of BRICS summit, and Eskom reports massive pre-tax losses.
A direct warning to the ANC government from the Reserve Bank, shares in Telkom have risen, and Gartner fined R50m for its role in state capture at SARS.
The Public Investment Corporation is backing a possible bid led by the former CEO of Telkom for a 35% stake in the mobile phone company, Eskom's next CEO could be a woman, and Rhamaposa transfers the task of new electricity generation.
Global investors look to East Africa, a new international airport on the cards for SA, and the rand plunges to a record low. (Chris Buchanan was standing in for Chris Gibbons)
Government in talks with the car industry over load shedding, stocks worldwide are taking pressure over a growing pessimistic global outlook, and a new wave of covid is causing some alarm in China.
Coronation reports huge losses, global uncertainty raises its head over US debt ceiling deal, and some good news at the end of the month according to the AA.
A slew of company results all affected by load shedding, Astral Foods accuses the government of being "asleep at the wheel", and Jonathan Ball Publishers pull the plug on Herman Mashaba book.
Surprisingly, S&P Global Ratings downgrades its outlook on South Africa, the business sector is losing faith in Ramaphosa, and the Reserve Bank expected to hike interest rates yet again.
Rebosis Property Group seeks to avoid liquidation, talk of stage 8 load shedding pushes the rand lower, and Eskom readies to "throw the book" at André de Ruyter.
19 May 2023
2 min
580 – 600
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