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Sunday, June 8, 2025

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revenue

Africa's Travel Indaba another bumper revenue generator for Durban and KZN

Africa's Travel Indaba is a highly anticipated Durban event once again, especially since it adds appreciably to the city's and province's coffers

Daily News News
Daily News Reporter|Published

MTN reports strong quarterly growth amid legal challenges

Despite facing significant legal challenges, MTN reports a remarkable 19. 8% revenue growth, showcasing resilience in a competitive market.

Business
Nicola Mawson|Published

EFF criticises Mayor Moya for cutting power to Weskoppies Psychiatric Hospital

The EFF has slammed Mayor Nasiphi Moya's decision to cut power to Weskoppies Psychiatric Hospital over unpaid bills, calling for accountability and highlighting the impact on vulnerable patients.

News
Rapula Moatshe|Published

Tshwane defends aggressive revenue collection strategy amid disputes

The City of Tshwane defends its controversial revenue collection initiative, Tshwane Ya Tima, which involves disconnecting electricity for clients with outstanding bills. Deputy Mayor Eugene Modise explains the city's communication process and addresses disputes with various government departments over unpaid municipal debts.

The Star News
Rapula Moatshe|Published

Tshwane defends aggressive revenue collection strategy amid disputes

The City of Tshwane defends its controversial revenue collection initiative, Tshwane Ya Tima, which involves disconnecting electricity for clients with outstanding bills. Deputy Mayor Eugene Modise explains the city's communication process and addresses disputes with various government departments over unpaid municipal debts.

News
Rapula Moatshe|Published

Umngeni-Uthukela Water reports sharp drop in profit due to municipalities' unpaid bills

In a surprising turn of events, Umngeni-Uthukela Water saw profits plummet due to municipalities’ unpaid water bills. Explore the latest financial impacts and management strategies in this in-depth analysis of KwaZulu-Natal's pivotal water authority.

Business Report Companies
Edward West|Published

Tshwane's revenue collection campaign faces backlash from national departments

The City of Tshwane's efforts to recover R30 billion in unpaid bills are challenged by national departments denying allegations of disconnection.

News
Rapula Moatshe|Published

Tshwane's power cut campaign faces backlash as businesses demand dialogue

Major businesses face power cuts as Tshwane's R30 billion debt recovery campaign sparks outcry, with the Capital City Business Chamber urging for collaborative solutions instead of confrontational tactics.

News
Rapula Moatshe|Published

Johannesburg Water cuts supply to 15 gated communities over R2. 7 million debt

Johannesburg Water has disconnected 15 customers from gated communities and complexes in the south and north of Johannesburg and which collectively owe over R2. 7 million

News South Africa
Simon Majadibodu|Published

City of Tshwane cuts power to defaulting businesses amid R30 billion debt crisis

The City of Tshwane intensifies its revenue collection efforts, cutting power to businesses with outstanding debt, including Shoprite's landlord, as it seeks to recover R30 billion.

News
Rapula Moatshe|Published

Aspen Pharmacare's strong interim earnings boosts the share price by 10. 6%

Aspen Pharmacare's share price surged by 10. 6% following robust financial results for the first half of the 2025 financial year, driven by strong performances in Commercial Pharmaceuticals and Manufacturing

Business Report Companies
Edward West|Published

Tshwane's R777m budget adjustment sparks controversy over security and water contracts

Tshwane's multiparty government celebrates R777. 5m revenue boost while facing intense scrutiny from the DA over a 62% increase in water tanker spending and controversial security contracts linked to Deputy Mayor Modise's family connections.

News
Rapula Moatshe|Published