Fin24

06/05/2023

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19/02/2023

Cryptoverse: Punk apes and a resurrection of NFTs.

The NFT market is twitching out of its torpor, defying reports of its demise.

19/02/2023

How sanctions complicated day-to-day banking for Russians.

Financial sanctions against Russia have strangled its banks' profits and wrecked many lenders' international operations.

19/02/2023

Airports see smoother travel than 2022 but brace for headaches.

Global airports expect smoother travel, but surging passenger demand during peak periods could still bring long lines, baggage piles and delayed flights.

19/02/2023

Stage 6 load shedding back again on Sunday night.

All the latest news and analysis on load shedding, power and the national grid.

19/02/2023

OPINION | Land value tax is SA's best shot at land reform.

Efficient and growth-inducing LVT could replace failed and costly attempts at reparations, writes Peter Courtney.

19/02/2023

India accuses BBC of tax evasion after searching offices.

Critics questioned the timing of the searches, which came after the BBC aired a show critical of Prime Minister Narendra Modi.

19/02/2023

OPINION | Next week's Budget must weather a perfect storm.

Will government try and spend its way to economic growth, or take further austerity measures? asks Nazrien Kader.

19/02/2023

Angry Bing chatbot just mimicking humans, say experts.

Microsoft's nascent Bing chatbot turning testy or even threatening is likely because it essentially mimics what it learned from online conversations, say analysts and academics.

19/02/2023

The R45bn stokvel industry is evolving into something more than just savings clubs.

Old Mutual says the perception that stokvels are still predominantly for low-income households is being challenged. People save meaningful amounts through stokvels every month, even during difficult economic times.

19/02/2023

Dirty-money rating risks boosting costs for South African banks, state companies.

The South African government and state-owned companies will find it harder to borrow money if the country is added to a global watchdog's list of nations with shortcomings in tackling illicit financial flows.

19/02/2023

EXPLAINER | Can we trust corporate climate pledges or is it greenwashing?

Multinational companies branding themselves as climate leaders mostly have "inadequate and ambiguous" plans to fulfil their promises, according to a report.

19/02/2023

Amazon pollution: the stain on Ecuador's oil boom

One study shows there are between 10 to 15 leaks a month from crude oil pipelines in the Ecuadoran Amazon.

19/02/2023

Thabile Nkunjana | Why veg and fruit prices have rocketed - and may stay high

High prices for some fruits and vegetable products might persist for a while, warns Thabile Nkunjana.

19/02/2023

Climate change may have toppled Hittite Empire - study

Three years of extreme drought may have brought about the collapse of the mighty Hittite Empire around 1200 BC, researchers have said.

07/02/2023

Africa’s richest man, Aliko Dangote, agreed with a Chinese firm to construct a 6 million-ton cement plant to expand output and exports in his home market of Nigeria.

https://www.news24.com/fin24/economy/africas-richest-man-to-construct-6-million-ton-cement-plant-in-nigeria-20230202

Africa’s richest man, Aliko Dangote, agreed with a Chinese firm to construct a 6 million-ton cement plant to expand output and exports in his home...

07/02/2023

Government must allow the private sector to step up and help address troubling structural constraints.

https://www.news24.com/fin24/companies/we-are-ready-to-help-big-mines-want-to-assist-govt-with-rail-power-crises-20230207

Government must allow the private sector to step up and help address troubling structural constraints.

07/02/2023

Excitement around ChatGPT - an easy to use AI chatbot that can deliver an essay or computer code upon request and within seconds - has sent schools into panic and turned Big Tech green with envy.

https://www.news24.com/fin24/companies/chatgpt-the-promises-pitfalls-and-panic-20230206-2

Excitement around ChatGPT - an easy to use AI chatbot that can deliver an essay or computer code upon request and within seconds - has sent schools...

06/02/2023

The Industrial Gas Users' Association of Southern Africa has calculated that Sasol's latest will be 680% above its production costs.

https://www.news24.com/fin24/companies/big-gas-users-warn-sasol-will-kill-businesses-with-its-massive-price-hikes-20230206

The Industrial Gas Users' Association of Southern Africa has calculated that Sasol's latest will be 680% above its production costs.

27/01/2023

It is important to become serious about transformation in SA's events industry and provide access to small businesses, says the CEO of Gauteng Tourism.

27/01/2023

While energy challenges loom large, SA's strong fundamentals and intended structural reforms are promising.

27/01/2023

Recent legislation and policies could play a role in taking on the scourges of mafia syndication and theft. But as may be expected, the key lies in implementation, say Jennifer Smit & Kyle Grootboom.

27/01/2023

Why is British American To***co looking to retrench 200 workers? They say the illegal cigarette business is tanking their business. That’s probably true, but there’s more to attempts at being a good corporate citizen than meets the eye. Find out why via Bhekisisa Centre for Health Journalism

British American To***co in South Africa says 200 of its workers will be out of a job soon, but public health researchers argue it's using misleading figures to back the retrenchments.

27/01/2023

The National Treasury has stood firm over Eskom's request for cash for diesel but will support it to access credit from commercial banks

27/01/2023

A large part of Eskom's unplanned capability loss factor is attributable to boiler issues. So it can ill afford a battle with top-tier suppliers, writes Lungile Mashele.

27/01/2023

Furniture group Lewis reported on Friday that merchandise sales for the nine months to December rose by a muted 2% as consumers struggled with high unemployment, rising interest rates and soaring inflation.

27/01/2023

German authorities have announced that the trial of former Steinhoff CEO Markus Jooste will start on 18 April.

27/01/2023

A farmer in KwaZulu-Natal says erratic electricity shut down ventilation in one of his chicken houses in December, killing 11 500 chickens, or a quarter of his flock on that farm.

27/01/2023

South Africa will send 12 cheetahs to India every year for the next decade as part of conservation efforts, according to a new agreement.