Vernon Pillay

Jan 17, 2025 | iol.co.za | Vernon Pillay

Minister Kgosientsho Ramokgopa has warned of potential unrest due to these escalating electricity prices. Published 28m ago | Published 28m agoElectricity minister Kgosientsho Ramokgopa said that Eskom customers have paid almost 180% more for electricity over the last 10 years or are paying almost R2,000 more than they paid a decade ago. He made this admission as part of his response in a parliamentary Q&A regarding escalating electricity prices in South Africa.

Jan 17, 2025 | iol.co.za | Vernon Pillay

Minister Tau said that WEF provides an opportunity for government and business leaders to present SA in a new and accurate light. Published 9m ago | Published 9m agoThe World Economic Forum (WEF) Annual Meeting is a platform for South Africa to show that it is addressing the challenges facing the economy, the Minister of Trade, Industry and Competition, Parks Tau said.

Jan 17, 2025 | iol.co.za | Vernon Pillay

Rupert owns 10.18 percent of Richemont, which reported that it had a stellar performance, with sales up 10% for the third quarter ending December 31, 2024. Published 3m ago | Published 3m agoSouth Africa’s richest man, Johann Rupert made around R26 billion in one day after his company Richemont’s share price hit new highs and shot up by nearly 14% earlier this week.

Jan 16, 2025 | iol.co.za | Vernon Pillay

The retailer disclosed that supply chain disruptions have led a shortage of avocados. Published 3m ago | Published 3m agoThe country will have to wait a bit longer for their avocado fix in the new year as Woolworths confirmed on Wednesday it is experiencing a shortage. The retail chain said that the shortage was due to a shift in harvesting times in KwaZulu-Natal. Woolworths also said South Africans could blame the shortage on lower volumes in the Eastern Cape and logistical delays in Tanzania.

Jan 16, 2025 | iol.co.za | Vernon Pillay

Explore the future of cryptocurrency in 2025, as industry experts discuss the impact of institutional investment, regulatory changes, and the convergence of AI and crypto. Published 7m ago | Published 7m agoCryptocurrency had a breakthrough in 2024 with record highs and institutional support from government organisations like the Financial Sector Conduct Authority (FSCA) in South Africa and Donald Trump in the US. The question is: will this trajectory continue in 2025?