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SA to plant 5% more maize hectares in 2020/21 season

28 Oct 2020 /  Tumelo Modiba, Reuters   1
Boosted by favourable weather conditions and higher prices.

SA bails out insolvent state airline with R10.5bn

28 Oct 2020 /  Paul Vecchiatto, Bloomberg   8
To implement its rescue plan, taking money from other government departments.

SA plans wage freeze to lower budget deficit

28 Oct 2020 /  Olivia Kumwenda-Mtambo, Mfuneko Toyana, Wendell Roelf, Reuters  
As it earmarks massive expenditure cuts to reign in a soaring budget deficit.

Total makes second gas discovery off SA

28 Oct 2020 /  Paul Burkhardt and Dana Khraiche, Bloomberg   4
The drilling programme is a rare example of exploration in a frontier area.

SA inflation slows for second month

28 Oct 2020 /  Gemma Gatticchi, Bloomberg   3
To the bottom of the central bank’s target range.

SA stocks slip to four-week low before budget statement

28 Oct 2020 /  Adelaide Changole, Bloomberg   1
More than 100 of the 141 listed companies were lower in early trade.

Ramaphosa self-isolates after dinner guest gets Covid-19

28 Oct 2020 /  Tim Cocks, Reuters  
After dinner guest gets Covid-19.

Acsa faces major losses from Covid-19 fallout

28 Oct 2020 /  Suren Naidoo   2
But reports a profit for its financial year to the end of March 2020.

South Africa needs R178bn to help transition from coal, study says

28 Oct 2020 /  Antony Sguazzin, Bloomberg    2
The country is almost entirely dependent on coal for electricity.

Sanral says e-tolls remain in place

28 Oct 2020 /  Roy Cokayne   26
Until users of Gauteng Freeway Improvement Project roads are otherwise directed.

Concerns about impact of increased taxes on declining tax morality

28 Oct 2020 /  Amanda Visser   14
...and emigration, as Mboweni steps up to present his mini-budget today.

Rand gains on dollar weakness

27 Oct 2020 /  Alexander Winning and Promit Mukherjee, Reuters  
In afternoon trade the rand was around 0.4% firmer at R16.15 per dollar.

ACSA aims to raise $433m by selling stakes, leases

27 Oct 2020 /  Promit Mukherjee, Reuters   1
To help it weather a slump in passenger volumes caused by the pandemic, its chief executive said.

Wary SA stock investors look to budget for action

27 Oct 2020 /  Adelaide Changole   1
Mboweni’s budget is expected to support the objectives Ramaphosa outlined in his October 15 address to lawmakers.

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