Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
The rand took a knock against the greenback after the rate of unemployment increased and mines' outputs in March drastically took a knock. SA blamed the ANC.
Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand, Energy Minister Saad al-Kaabi said on Wednesday. The minister, who is also chief executive of QatarEnergy, said the state-owned giant had secured sales of 25 million tonnes of liquified natural gas (LNG) in the past year and expected to be "signing more this year."
The EU on Wednesday predicted lower inflation in the eurozone in 2024 than previously forecast but warned the single-currency area's economy still faced risks from geopolitical tensions including wars in Ukraine and Gaza. But he warned that Wednesday's "forecast remains subject to high uncertainty and -- with two wars continuing to rage not far from home -- downside risks have increased".
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