Air New Zealand cuts flights and hikes fares as fuel prices surge
Airlines have reduced services and lifted ticket costs as the Iran war weighs on jet fuel supplies.
Business
Neighbour plan to help food bank expand
The charity says the expansion at its base will give its support services a “new lease of life”.
Fuel prices in South Africa under review
The Department of Mineral and Petroleum Resources says it is reviewing the local fuel price mechanism, with the process to be completed in March next year.
Important bank in the United States puts South Africa on top of international ranking
Bank of America says South Africa’s equity market is ahead of its emerging market peers, including Saudi Arabia, Greece, Poland, Qatar and more.
Air India CEO steps down early as losses mount
Wilson, whose term was set to end in 2027, will remain CEO and MD until a successor is appointed.
Music giant Universal gets $64bn takeover offer
The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman’s Pershing Square.
Another warning to petrol stations in South Africa
The Competition Commission has warned petrol stations and other businesses that it will investigate any attempts to exploit the oil crisis.
Major new tax could backfire badly for South Africa
Tax experts warn that a proposed 20% tax on gambling in South Africa could end up blowing up in the government’s face.