Business Day
Feb 02, 2023
LETTER: Let’s stop pretending SA is doing fine
It is staggering that tourism minister Lindiwe Sisulu even imagines she can get away with the vanity/self-enrichment project of sponsoring Tottenham Hotspur Football Club, in much the same way we all suspect the Karpowerships are mineral resources & energy minister Gwede Mantas...
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Business Day
Feb 02, 2023
Volvo to go electric on all main models
Volvo Cars is gearing up for an electric blitz to convert all its mainstay models — three SUVs and two sedans — into electric vehicles (EVs) and to introduce a luxury electric van aimed at boosting sales in Asia, two people with knowledge of the plans say.
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Business Day
Feb 02, 2023
TotalEnergies pulls out of Iraq as deal turns sour
Dubai/London — French oil major TotalEnergies is pulling its foreign staff from Iraq as it struggles to resolve challenges with Baghdad over a $27bn cluster of major energy projects, three sources told Reuters.
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Business Day
Feb 02, 2023
LETTER: ANC monopoly on inaction
It’s hard to disagree with ANC secretary-general Fikile Mbalula’s recent admission that “the ANC does not have the monopoly of ideas” (“ANC responsible for energy crisis, says Mbalula”, January 26). It’s less easy to imagine it accepting competing ideas.
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Business Day
Feb 02, 2023
Golf rankings in disarray since LIV debacle
British Open champion and LIV golfer Cameron Smith said the world ranking system is becoming “obsolete” as a result of points not being awarded to events on the Saudi-backed series.
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Business Day
Feb 02, 2023
Adani’s woes pose serious risk to Indian markets
Singapore — As Indian billionaire Gautam Adani’s woes deepen and force him to drop a share sale, foreign investors and Indian regulators are abandoning any pretence that the conglomerate’s troubles are contained and domestic markets will be spared contagion.
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Business Day
Feb 02, 2023
Shell announces record $40bn profit
London — Shell delivered a record $40bn profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia’s invasion of Ukraine allowed it to hand shareholders unprecedented returns.
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