Steep jump in petrol price from Wednesday

Cape Town – The price of petrol will increase by 67c a litre from next Wednesday, while the price of diesel will be 44c a litre more, the Department of Energy said on Sunday. Energy Minister Mamoloko Kubayi said the rand/US dollar exchange rate and the prices of petroleum products in the international markets are the main contributing factors for the September price hike. “The Rand depreciated, on average, against the US dollar during the period under review.” In addition, there was an increase in the crude oil prices coupled with a weaker rand, massive floods caused by the storm […]

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Self-belief is the biggest ingredient for success

A successful entrepreneurial journey starts with a determined vision, a little bit of self-belief and faith in your own ability. According to Erina van Schalkwyk, owner of GEL Supply Chain and entrant of the 2016 Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS, this is the winning recipe for a thriving business and fruitful entrepreneurial adventure. Erina and her husband, Gert, have had an exciting journey in the logistics sector over the last few years, and even more so recently with the opening of new successful businesses in 2015. Inspired to support her family after her father’s unexpected […]

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We are moving our offices .

Gel supply Chain are Blessed beyond believe and with all the new challenges we have coming to us this new year we have decided to make some strategic moves . Gel supply chain offices will relocate to Oubaai Hotel retail centre nr 13 – and 14 Here we will also run our other businesses from namely Gel import and export Pty Ltd, Gel investments Namibia and Gel Freddy’s wholesale in the Dr Congo , as well as our business in Rotterdam – M3T2. Erina will also continue with Bless -our charity division – we will keep on suppling where, what  and […]

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Drought could cost SA almost R10bn in food export revenue

The South African economy could potentially take a R9.2-billion knock in export revenue loss for food crops as the drought continues. Citing industry sources, Business Day reports that this figure excludes the drought’s effect on farmers’ income, job losses and any inflationary aftermath. Grain South Africa published on its website recently that the country would have to import 770 000 tonnes of maize until the end of April next year at R2.2bn. The country will also need R1bn worth of wheat imports to make up for shortfalls triggered by drought conditions. In the 2013/2014 financial year, SA produced a bumper […]

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Transport management needs macroeconomic approach, urges logistics professor .

South Africa is a transport challenged country and, although transport-related issues should be a government priority, this is not the case and government has not yet mastered managing transport and logistics from a macroeconomic perspective, Stellenbosch University (SU) logistics professor Jan Havenga told delegates at a recent meeting of the Transport Forum, in Durban. Print Send to Friend 1 0 He added that a great deal could be gleaned from the Logistics Barometer launched by SU’s Logistics Department earlier this year. The barometer measures logistics costs as a percentage of a country’s gross domestic product (GDP) and unpacks this to […]

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Petrolprys September 

En dít is die storie van die rand en die petrolprys vir September: As die rand nie so kwaai getuimel het die afgelope maand nie, sou die petrolprys in September nou reeds met 76c gedaal het. Maar nou ís die rand swak – die swakste in meer as 13 jaar teenoor die dollar – en Suid-Afrikaners sal nie sóveel voordeel trek uit die baie lae oliepryse nie. Lees ook: ​Ongelukkige 13 spook by rand (http://www.netwerk24.com/sake/ekonomie/2015-08-18-ongelukkige-13-spook-by-rand) Die goeie nuus is dat daar nietemin na alle waarskynlikheid steeds ’n stewige daling in die petrolprys sal wees. Teen Maandagmiddag was die daaglikse gemiddelde oorverhaling […]

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