Business

[ad_1] By IOL Reporter 19h ago Share this article: SharecheepShareShareShareEmailShare Durban – Health Minister Dr. Zweli Mkhize has denied allegations that he received money from controversial businessman Edwin Sodi. In a statement released by his office on Friday, Mkhize said he had received several inquiries from the media after the …

[ad_1] JOHANNESBURG – Transport Minister Fikile Mbalula clarified some travel regulations on Friday. International travel resumed on Thursday after a nearly six-month ban. Travelers visiting the country are expected to produce a negative COVID-19 test from an accredited laboratory that is no more than 72 hours old. Visitors traveling for …

[ad_1] MUSINE – Zimbabwean street vendor Memory Chauke didn’t get very far when she jumped a fence into neighboring South Africa on the first day its borders reopened after a six-month shutdown due to the coronavirus pandemic. South African patrol guards had anticipated that Zimbabweans would resume illegal crossings into …

[ad_1] Health Minister Zweli Mkhize has denied receiving 6.5 million rand in donations from controversial businessman Edwin Sodi during his tenure as general treasurer of the ANC. “I wish to state categorically that I have never received funds from Mr. Sodi, either personally or through third parties intended for my …

[ad_1] A file photo of the construction of the Sasol ethane cracking plant at the Lake Charles Chemicals Project in Louisiana. (Photo: Sasol) Sasol has been working on a chemical project in Louisiana for a decade. Estimates of its final cost are now $ 13 billion, the equivalent of R214 …

[ad_1] By Sihle Mlambo 6h ago Share this article: SharecheepShareShareShareEmailShare Johannesburg – The Asset Forfeiture Unit has seized assets including Ferraris, Bentleys, and properties worth millions, in the high-profile Free State asbestos corruption case. The seven defendants appeared in Bloemfontein Magistrates Court on Friday after they were arrested by the …

[ad_1] South African petrochemicals firm Sasol said on Friday that chemical company LyondellBasell Industries had agreed to acquire a 50% stake in its Lake Charles Chemical Project (LCCP) base chemicals business for R33.38 billion ($ 2 billion). The world’s leading manufacturer of coal-based motor fuel has been struggling with high …

[ad_1] Sasol agreed to sell a $ 2 billion stake in its US basic chemicals business to LyondellBasell Industries to help pay off the debt. The unit will become a joint venture between the Johannesburg-based company and the US chemical giant, Sasol said in a statement on Friday. The deal …

[ad_1] By Benida Phillips 5h ago Share this article: SharecheepShareShareShareEmailShare Kimberley – Relatives of a deceased man who died in a shack fire in Galeshewe on Sept. 29 clamped down on Friday and took the body of the deceased to a local bank after the bank apparently failed to pay …

[ad_1] Here are some of the assets that the defendant and businesses can lose if the state is successful in proving their case: – Former head of human settlements department Nthimotse Mokhesi may lose at least two Bloemfontein properties listed in his name, the contents of his bank account, his …