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Briefs

Latest news and views in Brief

Warren Buffett

Warren Buffett in contact with Biden team on US banking crisis

20th March 2023

Warren Buffett has been in touch with senior officials in President Biden’s administration in recent days as the banking crisis unfolds.

SA’s energy crisis could worsen, new electricity minister warns

20th March 2023

SA’s new electricity minister warns that the dire energy crisis could worsen as electricity demand increases into winter.

Exclusive CNN interview: Ukrainian President Zelensky talks war, Russia, and US support

17th March 2023

An exclusive CNN interview with Ukrainian President Zelensky – covering the battle for Bakmut, US support and more.

Standard Bank

Sim Tshabalala expresses support for Central Bank Digital Currencies

16th March 2023

Standard Bank Chief Executive Sim Tshabalala has expressed qualified support for Central Bank Digital Currencies.

What would happen if South Africa’s electricity grid collapsed

16th March 2023

With rising concerns of an electricity grid collapse, many businesses are preparing themselves for that very eventuality.

Herman Mashaba

Herman Mashaba’s open letter to President Ramaphosa: Take action to prevent the EFF’s threatened anarchy

15th March 2023

ActionSA President, Herman Mashaba urges Cyril Ramaphosa to prevent the EFF from disrupting the country’s economy and inciting violence.

Kevin Lings: US consumer inflation eased – Big decision ahead for the Fed

16th March 202315th March 2023

US consumer inflation eased in-line with expectations. Core inflation also slowed. Big decision ahead for the Fed.

Transaction Capital

Transaction Capital, lender to taxi owners, plunges as it forecasts losses

14th March 2023

Transaction Capital has found itself in the wrong place at the wrong time — financing minibus taxis amid rocketing fuel prices and a stagnant SA economy.

SARS finds Ramaphosa, game farm tax compliant

8th March 2023

South Africa’s tax agency said it found President Cyril Ramaphosa and the entities that run his cattle business tax compliant.

Karpowership appeal fails, deepening South Africa’s power crisis

8th March 2023

Turkish company Karpowership, seeking to supply electricity to SA, had an appeal rejected that potentially delays solution to SA power crisis.

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