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Tag: cuts

Department to cut water supply to 30 municipalities

The Department of Water and Sanitation will terminate bulk water supply to 30 defaulting municipalities next month, Minister Nomvula Mokonyane said on Monday. This would mean that water cuts will be implemented. Addressing a media briefing in Rosebank, Johannesburg, Minister Mokonyane said...

Why South Africa can cut rates this week

For all its economic troubles, South Africa has managed to keep inflation within its central bank’s target band. The latest numbers on Wednesday confirmed this. As the following graphic shows,...

South Africa’s Implats in talks that could lead to 2,500 job cuts

South Africa’s Impala Platinum has started talks with the government and unions that could see up to 2,500 workers laid-off at its Rustenburg operations west of Johannesburg, the company said on...

Rand unlikely to weaken further on rate cuts

Although the rand briefly weakened on the back of the surprise interest rate cut  last week, it does not mean the currency will persistently weaken, say Dave Mohr and Izak Odendaal,...

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Managing business risks: easy steps any SME can take today 

Small business owners should consider risk management and mitigation as a valuable form of insurance against any eventuality. It will help them protect the...

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