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July 10, 2019

Beyoncé releases new single made with South African producer and composer Lebo M

Cape Town – Beyoncé has released Spirit a song she made with South African producer and composer, Lebo M. and Hans Zimmer among others.

The single is featured on an album curated by the singer who also stars in The Lion King as Nala. The album is titled The Lion King: The Gift and it will be released on 19 July the same as the film which is a remaining of the Disney classic.

Along with The Gift, Walt Disney Records will release the original soundtrack for the new live-action remake of 1994 classic on 11 July, and according to Pitchfork, it features Can You Feel the Love Tonight with Beyoncé and Donald Glover.

About the new song, Beyoncé said a statement: [...]

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July 3, 2019

Municipal rates increase: Hikes for Cape Town, Joburg, Durban, others from 1 July

It’s the start of a new month for South Africans, but they are being faced with the same old story: The cost of living is increasing, even if our wages aren’t. Municipal rates across the country are going up on Monday 1 July, and the changes will affect millions in Cape Town, Johannesburg, Durban and many other city-dwellers.

Cost of living on the rise

Of course, the term “tariff hike” has become synonymous with Eskom. Their plans to start charging residents more came to fruition on Monday as well. But they aren’t the only ones: We’re here to give you a brief overview of where municipal rates are going up, and how much more you’ll have to fork out.

Municipal rates increase [...]
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July 1, 2019

Relief for motorists as fuel price to drop for ‘first time in six months’

Cape Town – Motorists can expect a fuel price drop on Wednesday, the first in six months according to the Department of Energy. “On July 3, the price of 93 ULP petrol will drop by 96 cents a litre, while 95 ULP will cost 95 cents less a litre. “Diesel (0.05 percent sulphur) will decrease by 74.78 cents a litre and Diesel (0.005 percent sulphur) will cost 75.78 cents a litre less. “The price of paraffin will be reduced by 57 cents a litre.” The fuel price drop comes against a background of lower international oil prices throughout June. The Automobile Association (AA) said: “June was the weakest month for oil in the last quarter, with crude briefly slipping below $60 (R845) to [...]

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July 1, 2019

SEZ COULD REVIVE MANUFACTURING CAPACITY IN VAAL TRIANGLE

Although growth has been subdued for several years, there is still potential to open up opportunities for both small and established businesses while stimulating economic activity and creating much-needed jobs in the country. SEZs are key in helping us to develop a global competitive economy and achieve our industrial policy objectives.

SEZ’s are particularly attractive for international investors who are looking to set up operations in the country as they can reduce the cost of doing business through incentives from the Department of Trade and Industry (DTI). These include favourable corporate tax rates, customs, infrastructure and employment benefits, and much [...]

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