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7 things you need to know today
We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa, and the world.
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We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa, and the world.
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Motsepe denies benefiting from IPPs
The appointment of his brother-in-law and Energy Minister Jeff Radebe had been for his energy businesses
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The appointment of his brother-in-law and Energy Minister Jeff Radebe had been for his energy businesses
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Minister Radebe expected to address Eskom crisis at Africa Energy Indaba
South Africa Energy Minister Jeff Radebe will on Monday open the two-day 11th Africa Energy Indaba.
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South Africa Energy Minister Jeff Radebe will on Monday open the two-day 11th Africa Energy Indaba.
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Saldanha Bay Industrial Development Zone concludes R3bn in investment deals
The Saldanha Bay Industrial Development Zone has concluded investment agreements.
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The Saldanha Bay Industrial Development Zone has concluded investment agreements.
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Honda set to shut its UK car plant - report
A closure of Honda's Swindon factory in southern England would be its second plant shuttering in 2022.
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A closure of Honda's Swindon factory in southern England would be its second plant shuttering in 2022.
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City Lodge expansion continues despite tourism dip
City Lodge chief executive Andrew Widegger said that with the Waterfall node growing fast, the moment seemed right to expand the group’s footprint.
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City Lodge chief executive Andrew Widegger said that with the Waterfall node growing fast, the moment seemed right to expand the group’s footprint.
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JSE mining stocks are riding high on bumper financial results
René Hochreiter, an analyst at Noah Capital Markets, said mining stocks shone as the market factored in the potential better results in the industry.
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René Hochreiter, an analyst at Noah Capital Markets, said mining stocks shone as the market factored in the potential better results in the industry.
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#Budget2019: A budget of hard choices
OPINION: The ABCs for Mboweni's Budget Speech … the numbers simply do not look good, writes Mkhuleko Hlengwa.
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OPINION: The ABCs for Mboweni's Budget Speech … the numbers simply do not look good, writes Mkhuleko Hlengwa.
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WATCH: Rand stabilises ahead of #Budget2019
Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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#Budget2019: Can transfer pricing help increase tax collections?
South Africa recently tightened its transfer pricing and disclosure requirements, implementing global standards.
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South Africa recently tightened its transfer pricing and disclosure requirements, implementing global standards.
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Uber agrees to pay VAT in Egypt - tax chief
Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday.
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Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday.
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Liberty accused of not paying advisers commissions
A financial adviser who spoke on condition of anonymity said this was the first time he had experienced non-payments in 10 years at the group.
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A financial adviser who spoke on condition of anonymity said this was the first time he had experienced non-payments in 10 years at the group.
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Nigerian stocks, naira ease after election delay
The electoral commission said the postponement, which is due to last a week, was due solely to logistical factors and denied political pressure.
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The electoral commission said the postponement, which is due to last a week, was due solely to logistical factors and denied political pressure.
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Amazon reportedly paid no tax in 2018
Published Wednesday by the Institute on Taxation and Economic Policy, the report listed the effective tax rate of Amazon at negative 1.2 percent.
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Published Wednesday by the Institute on Taxation and Economic Policy, the report listed the effective tax rate of Amazon at negative 1.2 percent.
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#Budget2019: Mboweni needs to be manful when it comes to Eskom lifeline
Finance Minister Tito Mboweni has to throw a lifeline to embattled national power utility Eskom before it goes bankrupt in April, say economists.
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Finance Minister Tito Mboweni has to throw a lifeline to embattled national power utility Eskom before it goes bankrupt in April, say economists.
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Ethiopia and Djibouti sign deal to build gas pipeline
It was envisaged that production would start last year, but the Ethiopian government said that was now likely to happen in 2020.
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It was envisaged that production would start last year, but the Ethiopian government said that was now likely to happen in 2020.
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Zambia Mines Minister pledges support for gemstone sector
Zambia remains committed to giving you high-quality products, and in so doing we would like to ensure there is transparency in the industry.
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Zambia remains committed to giving you high-quality products, and in so doing we would like to ensure there is transparency in the industry.
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UKZN breakthrough with sounding rocket
The University of KwaZulu-Natal will launch its Phoenix-1B sounding rocket at the Denel Overberg Test Range (OTR) in the Western Cape this week.
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The University of KwaZulu-Natal will launch its Phoenix-1B sounding rocket at the Denel Overberg Test Range (OTR) in the Western Cape this week.
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What franchises need to keep an eye on from the Budget Speech
Franchise business owners are waiting with bated breath for the outcome of the 2019 National Budget Speech to be delivered by the Minister of Finance.
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Franchise business owners are waiting with bated breath for the outcome of the 2019 National Budget Speech to be delivered by the Minister of Finance.
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Dananjaya returns to Sri Lanka squad for ODI series against SA
Sri Lanka bowler Akila Dananjaya’s action has been declared as legal after undergoing remedial work
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Sri Lanka bowler Akila Dananjaya’s action has been declared as legal after undergoing remedial work
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Springbok winger Hendricks back for Bulls for Jaguares clash
Hendricks' return to the game continues to inspire and we will feed off the positive energy coming from him for sure, said Bulls coach Pote Human
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Hendricks' return to the game continues to inspire and we will feed off the positive energy coming from him for sure, said Bulls coach Pote Human
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Fleck's Stormers promise a better showing against Lions
Hooker Bongi Mbonambi is not the only player to blame for the Stormers' poor showing at Loftus at the weekend
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Hooker Bongi Mbonambi is not the only player to blame for the Stormers' poor showing at Loftus at the weekend
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First day of F1 testing was 'close to perfection', says Vettel
If 2019's first day of testing was anything to go by then things could be looking up for Vettel and Ferrari.
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If 2019's first day of testing was anything to go by then things could be looking up for Vettel and Ferrari.
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A big week await SA cricket in Port Elizabeth
A young, inexperienced Sri Lanka upset more than just the odds when they stole a one-wicket triumph in Durban over the weekend
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A young, inexperienced Sri Lanka upset more than just the odds when they stole a one-wicket triumph in Durban over the weekend
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Maritzburg need four more wins, says chairman Kadodia
The Team of Choice broke their duck last week when they dismantled Polokwane City 3-1 in Pietermaritzburg
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The Team of Choice broke their duck last week when they dismantled Polokwane City 3-1 in Pietermaritzburg
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Bulls will go on the defensive against Jaguares, says Pienaar
The Bulls will learn from the Lions' fine win over the Jaguares when they play the Argentinians this weekend
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The Bulls will learn from the Lions' fine win over the Jaguares when they play the Argentinians this weekend
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Chiefs still chasing consistency following Magic win
A number of missed chances against Cup minnows Magic FC highlight coach Ernst Middendorp's biggest worry
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A number of missed chances against Cup minnows Magic FC highlight coach Ernst Middendorp's biggest worry
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Mission Buenos Aires accomplished, says Whiteley
It was our mission to go to Buenos Aires and win and we did it for the first time since 2016, said Lions skipper Warren Whiteley
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It was our mission to go to Buenos Aires and win and we did it for the first time since 2016, said Lions skipper Warren Whiteley
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SA need mental strength and a touch of luck at World Cup - Paul Adams
Paul 'Gogga' Adams played in the 1996 World Cup in India and Pakistan at the tender age of 18 years
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Paul 'Gogga' Adams played in the 1996 World Cup in India and Pakistan at the tender age of 18 years
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Icardi 'never' going to Juventus, says Inter president Zhang
Inter Milan president Steven Zhang spoke on the issue after a shareholders' meeting at the San Siro on Monday
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Inter Milan president Steven Zhang spoke on the issue after a shareholders' meeting at the San Siro on Monday
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Tiger joined by DeChambeau, Mexico's Ancer in WGC opener
Tiger Woods remains a fan favorite at age 43 even though he last won a major crown at the 2008 US Open
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Tiger Woods remains a fan favorite at age 43 even though he last won a major crown at the 2008 US Open
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'We were confused': Sarri frustrated as Chelsea woes mount
Maurizio Sarri conceded his Chelsea lacked direction and focus in a tepid second half surrender to Man United
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Maurizio Sarri conceded his Chelsea lacked direction and focus in a tepid second half surrender to Man United
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Sarri closer to the sack as Pogba heads Man United into FA Cup quarter-finals
Chelsea’s lacklustre fifth-round exit was another painful blow for Maurizio Sarri, who is facing a fight to save his job following a dismal debut season.
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Chelsea’s lacklustre fifth-round exit was another painful blow for Maurizio Sarri, who is facing a fight to save his job following a dismal debut season.
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WATCH: Simone Biles, Novak Djokovic chosen as the world’s best at Laureus Awards
“Last year was an incredible season for me. Returning from injury to win Wimbledon and the US Open is something I’ll remember forever,” said Djokovic.
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“Last year was an incredible season for me. Returning from injury to win Wimbledon and the US Open is something I’ll remember forever,” said Djokovic.
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Maties hold off Tuks to maintain unbeaten Varsity Cup record
The Stellenbosch University outfit ran out deserved winners after scoring four tries to the three of the University of Pretoria.
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The Stellenbosch University outfit ran out deserved winners after scoring four tries to the three of the University of Pretoria.
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Robbie Fleck: Lots of teams have lost their first game and gone on to do good things
The Stormers will hope the return of a few players from injury this week will bring about a change in fortunes, as the powerful Lions lay in wait on Saturday.
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The Stormers will hope the return of a few players from injury this week will bring about a change in fortunes, as the powerful Lions lay in wait on Saturday.
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Goss the hero as Wits survive penalty shoot-out against Black Leopards
Gavin Hunt approached this game with one eye on their top-of-the-league clash with second-placed Mamelodi Sundowns on Saturday at Milpark.
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Gavin Hunt approached this game with one eye on their top-of-the-league clash with second-placed Mamelodi Sundowns on Saturday at Milpark.
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Bryan Habana: Springboks’ Japan connections may provide World Cup edge
“What could potentially count in our favour is the number of players going to the World Cup that ply their trade in Japan,” Habana said.
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“What could potentially count in our favour is the number of players going to the World Cup that ply their trade in Japan,” Habana said.
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Chippa United are a work in progress, says Clinton Larsen
“We have got to make sure that we spread the workload throughout the squad,” he said.
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“We have got to make sure that we spread the workload throughout the squad,” he said.
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3 children, woman killed in Michigan shooting
Three children and a woman were found dead of apparent gunshot wounds at a property in Michigan.
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Three children and a woman were found dead of apparent gunshot wounds at a property in Michigan.
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Nigerian lawyer accepts R14m settlement, takes further action against FirstRand
FirstRand Limited has paid about R14 million to a Nigerian lawyer to settle a contractual dispute, but the advocate says he is taking further action.
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FirstRand Limited has paid about R14 million to a Nigerian lawyer to settle a contractual dispute, but the advocate says he is taking further action.
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LIVE FEED: #StateCaptureInquiry February 19, 2019
The Zondo Commission will hear testimony from National Treasury economist Catherine MacLeod on Tuesday.
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The Zondo Commission will hear testimony from National Treasury economist Catherine MacLeod on Tuesday.
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'Joburg bridges have become extremely dangerous within the past year'
Joburg bridges are crumbling under the wheels of motorists - literally - with only 6% of the city’s bridges in good condition.
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Joburg bridges are crumbling under the wheels of motorists - literally - with only 6% of the city’s bridges in good condition.
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Maduro says Trump sounds almost Nazi-like
Venezuela's embattled president, Nicolas Maduro compared the tone of the American president Donald Trump's speech in Miami to that of a Nazi.
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Venezuela's embattled president, Nicolas Maduro compared the tone of the American president Donald Trump's speech in Miami to that of a Nazi.
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Icasa boss's fate still in balance
The fate of convicted Independent Communications Authority of SA chairperson Rubben Mohlaloga was set to be sealed by the National Assembly.
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The fate of convicted Independent Communications Authority of SA chairperson Rubben Mohlaloga was set to be sealed by the National Assembly.
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Classes at all DUT's Durban campuses suspended amid fresh protests
The academic programme at the Durban University of Technology's five Durban campuses has been suspended following violent student protests.
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The academic programme at the Durban University of Technology's five Durban campuses has been suspended following violent student protests.
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Manchester bombing was retaliation to attacks on Syria, says jihadi bride
Isis bride Shamima Begum said Western air strikes against Syria were a ‘fair justification’ for the Manchester Arena suicide bombing.
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Isis bride Shamima Begum said Western air strikes against Syria were a ‘fair justification’ for the Manchester Arena suicide bombing.
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Could homophobia and racism explain why it took so long to catch Canadian serial killer?
LGBT+ activists question whether homophobia and racism may have hampered police investigations into the disappearance of Bruce McArthur's victims.
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LGBT+ activists question whether homophobia and racism may have hampered police investigations into the disappearance of Bruce McArthur's victims.
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#StateCaptureInquiry: Finance heads in JZ’s bad books for doing their job
Lungisa Fuzile told the Zondo Commission the main reasons why Pravin Gordhan and Nhlanhla Nene were in former president Jacob Zuma’s bad books.
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Lungisa Fuzile told the Zondo Commission the main reasons why Pravin Gordhan and Nhlanhla Nene were in former president Jacob Zuma’s bad books.
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No immediate threat of #loadshedding, says Eskom
The energy grid remains under pressure, but Eskom said there was no immediate threat of load shedding this week.
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The energy grid remains under pressure, but Eskom said there was no immediate threat of load shedding this week.
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Pakistan spy agency accused of being involved in Kashmir bombing
India's top military commander in Kashmir said on Pakistan's ISI spy agency was involved in an attack on a security convoy.
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India's top military commander in Kashmir said on Pakistan's ISI spy agency was involved in an attack on a security convoy.
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Nigeria's electoral commission allows resumption of campaigning
Nigeria's electoral commission approved the resumption of political campaigning, the body said, after the general elections were delayed by a week.
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Nigeria's electoral commission approved the resumption of political campaigning, the body said, after the general elections were delayed by a week.
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US states sue Trump over border wall emergency
Sixteen US states sued President Trump's administration over the decision to declare a national emergency to fund a wall on the border with Mexico.
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Sixteen US states sued President Trump's administration over the decision to declare a national emergency to fund a wall on the border with Mexico.
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Zimbabwe company to donate laptops to underprivileged SA learners
Needy students at various South African higher education institutions are set to receive laptops, as Zimbabwean company Zororo-Phumulani donates to the underprivileged.
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Needy students at various South African higher education institutions are set to receive laptops, as Zimbabwean company Zororo-Phumulani donates to the underprivileged.
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#StateCaptureInquiry: Revelations of Bosasa's corrupt dealings last straw for Makhura
Makhura admitted revelations at the Zondo Commission had prompted him to institute a probe into dealings between his government and the company.
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Makhura admitted revelations at the Zondo Commission had prompted him to institute a probe into dealings between his government and the company.
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Warning over spike in Table View hijackings
Criminals are stealing occupied vehicles in a violent manner, targeting motorists very early in the morning or very late at night.
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Criminals are stealing occupied vehicles in a violent manner, targeting motorists very early in the morning or very late at night.
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Girl, 13, commits suicide after allegedly being bullied on WhatsApp
A 13-year-old pupil has committed suicide after she was allegedly bullied by friends on WhatsApp groups.
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A 13-year-old pupil has committed suicide after she was allegedly bullied by friends on WhatsApp groups.
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DA leader supports Plato's stance on immigrants
DA Western Cape leader Bonginkosi Madikizela has backed mayor's sentiment that 99% of those who enter the province can't fend for themselves.
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DA Western Cape leader Bonginkosi Madikizela has backed mayor's sentiment that 99% of those who enter the province can't fend for themselves.
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Arrested for murder of five people in five towns
A 32-year-old man is expected in the Swellendam Magistrate's Court today for the murder of five people in five different towns.
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A 32-year-old man is expected in the Swellendam Magistrate's Court today for the murder of five people in five different towns.
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