Sowetan Live – Business News

Sowetan Live Business News – Breaking SA and World News, Sports, Entertainment and more – Sowetan LIVE

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.

• Cheeky Checkers ad reminds South African expats champagne and steak are cheaper back home
  Checkers has advertised in two UK and Australian newspapers 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.
• Power cuts leave fruit farmers in despair
  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.
• Loadshedding predicted to cost sugar industry more than R700m
  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.
• Tips to help you achieve your financial goals
  Tholakele Jiyane got her first job in construction in 2019 and it came with the perks – from accommodation to petrol card and electricity.
• Astral Foods expects 90% plunge in profits as power crisis hits poultry production
  Erratic electricity supplies affect poultry ventilation systems, slaughter schedules and chicken processing. Delayed slaughter schedules also lead to additional feeding costs.
• Agbiz calls for 'less severe' load-shedding stages in areas under irrigation
  The Agricultural Business Chamber has called for "less severe" load-shedding stages in areas under irrigation and for food-processing facilities.
• Church stokvel ensures food for festive season
  For nine years from 2008, the New Jerusalem Angels of God church members would contribute R20 every month towards a year-end function.
• Government plans to end loadshedding in 12-18 months: Godongwana at Davos 2023
  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.
• Blackouts, tariff increase buckle small businesses
  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.
• Workers want SANDF to do more at Eskom
  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.
• Man loses eyeball, chunks of flesh in horrific pit bull attack
  A 44-year-old man is in critical condition in Osindisweni Hospital, Ethekwini after he was mauled by his neighbour’s two pit bulls.
• A 40 hour power outage for parts of Durban forces residents to dump spoiled food
  The DA has called on theThekwini municipality to exempt some Durban suburbs from load-shedding after 40 hours without power.
• Transnet attempts to alleviate truck congestion at Richards Bay port
  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.
• Get the blueprint for entrepreneurial success: win one of 101 bursaries
  Arena Academy and the School of Entrepreneurship are giving away bursaries to the 4LIFE Entrepreneurship Mastery Programme worth R19,995 each
• Collaboration and deals to firm up Algeria-Italy gas pipeline partnership
  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.
• Zambia extends load-shedding to mines
  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.
• Simunye Livestock comes to rescue of stokvels, nationwide
  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.
• Parts shortages impact Kenya Airways amid Russia-Ukraine war
  Kenya Airways is experiencing flight disruptions due to delays in securing aircraft components required for maintenance.
• Crunch time for chicken market as power cuts take toll
  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.
• Twitter to expand permitted political advertising
  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.