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Telkom’s share price inched up 4.3% to R37.60 on Monday morning after the State-owned telecoms firm t announced that it has fulfilled the suspensive conditions to proceed to closing of the disposal of its mast and tower business, Swiftnet.In March 2024, Telkom SA sold Swiftnet to a consortium that includes…

Higher education and recruitment group ADvTech expanded in their home market and across Africa and reported a 16% increase in earnings for the year to December 31.The owner of the Varsity Colleges in South Africa that enrolled over 100 000 students last year reported moderate fee increases, better margins, and…

A US policy expert has warned that the new US Federal Maritime Commission (FMC) inquiry launched last week could pose significant risk for US-SA relations via potential shipping sanctions, at a time when relations between the two countries were already at an all-time low.The Federal Maritime Commission is gathering information…

By Vickie LangeSince the start of the new tax year on March 1, Alexforbes has observed a second wave of interest from retirement fund members in checking their balances and submitting savings pot claims. Fund members may access their savings pots once every tax year, with over 400 000 having…

By Sebastien AlexandersonIt was Human Rights Day last week and as South Africans reflect on their rights and freedoms, a critical issue facing millions is the scourge of debt abuse and predatory lending. With an eminent result of over 42% of the country’s 23 million credit-active consumers classified as impaired,…

By Marius KempSouth Africa’s roads are some of the most congested globally. According to the 2024 INRIX Global Traffic Scorecard, which analyses transportation data and trends among 946 urban areas across the globe, residents in Cape Town lost a staggering 94 hours per year owing to traffic. This makes it…

I tell the story many a time when I am faced with choices of having to mourn. Mourning is a collective action of expressing pain. It can be amongst people or about an individual. The effect of mourning is that it takes on total immersion of the body and soul.…

Banele Ginidza The International Partners Group (IPG), a coalition comprising countries like the United Kingdom, Germany, France, and the European Union, has announced its intentions to fill the funding gap left by the United States after its withdrawal from the Just Energy Transition Partnership (JETP).This decision follows the US severing…

Banele GinidzaThe Department of Transport has roped in the Development Bank of Southern Africa (DBSA) and the National Treasury to shepherd the newly formed Public Sector Participation (PSP) Unit in preparation for private investment.Transport Minister Barbara Creecy revealed the plans to habilitate Transnet through the PSP as Request for Information…

Tawanda Karombo The government is racing against time to avert the collapse of the steel industry, engaging major player ArcelorMittal South Africa (Amsa) in crucial negotiations aimed at sustaining its longs steel business.Amsa had decided that it was closing its longs steel manufacturing plants in Vereening and Newscastle by April…