By Newsbreak Producer Tashlan Naidoo - Amid global market volatility, experts in the gold sector say more and more investors are looking to the commodity in these uncertain times. Investing in the gold market has adapted over the years, from buying and storing it physically, the option of trading it online is now gaining popularity. In today's market an ounce or about 28-grams of gold in South Africa costs over 58-thousand-rand. COO of gold trading company, ISA Gold, Aziz Moti says gold is still considered as one of the safest asset classes globally...

By Newsbreak Producer Tashlan Naidoo - Amid global market volatility, experts in the gold sector say more and more investors are looking to the commodity in these uncertain times. Investing in the gold market has adapted over the years, from buying and storing it physically, the option of trading it online is now gaining popularity. In today's market an ounce or about 28-grams of gold in South Africa costs over 58-thousand-rand. COO of gold trading company, ISA Gold, Aziz Moti says gold is still considered as one of the safest asset classes globally...

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#PODCAST Experts in the gold industry explain why more investors are looking to the commodity #sabcnews

By Newsbreak Producer Tashlan Naidoo - The Verulam Water Crisis Committee (VWCC) north of Durban says frustration is building as residents continue to feel the impact on continued water supply disruptions. The Committee says there are certain communities experiencing interrupted water supply for several years while others are left with dry taps for pro-longed periods without notice. This comes as the eThekwini Municipality is still rationing water - as it aims to allow levels to stabilise in reservoirs. Committee spokesperson, Roshan Lil-Ruthan has laid out demands which he believes if done correctly, would prove fruitful for the community...

 

By Newsbreak Producer Tashlan Naidoo - The Verulam Water Crisis Committee (VWCC) north of Durban says frustration is building as residents continue to feel the impact on continued water supply disruptions. The Committee says there are certain communities experiencing interrupted water supply for several years while others are left with dry taps for pro-longed periods without notice. This comes as the eThekwini Municipality is still rationing water - as it aims to allow levels to stabilise in reservoirs. Committee spokesperson, Roshan Lil-Ruthan has laid out demands which he believes if done correctly, would prove fruitful for the community...
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#PODCAST Verulam Water Crisis Committee relay frustrations as residents feel impact of continued supply disruptions #sabcnews

By Newsbreak Senior Producer Taresh Harreeparshad - While South African's brace themselves for potentially exorbitant fuel price hike next month- economist John Loos says the private transport sector will be the hardest hit. He was basing this on the 2022 oil price surge- where the private transport inflation rate peaked 45.64% year-on-year in June 2022 while the minibus taxi fare inflation rate peaked at a significantly lower 19.6%. Geo-political uncertainty following the conflict in Iran has plunged global oil prices into the red. Current data from the Central Energy Fund suggests an approximate price increase of over R7.00 per litre for diesel while petrol could surge by over R4.00 per litre. But while the public transport sector may better endure the financial storm brewing- Loos says the ripple effects for the lower income consumer will be strongly felt...

By Newsbreak Senior Producer Taresh Harreeparshad - While South African's brace themselves for potentially exorbitant fuel price hike next month- economist John Loos says the private transport sector will be the hardest hit. He was basing this on the 2022 oil price surge- where the private transport inflation rate peaked 45.64% year-on-year in June 2022 while the minibus taxi fare inflation rate peaked at a significantly lower 19.6%. Geo-political uncertainty following the conflict in Iran has plunged global oil prices into the red. Current data from the Central Energy Fund suggests an approximate price increase of over R7.00 per litre for diesel while petrol could surge by over R4.00 per litre. But while the public transport sector may better endure the financial storm brewing- Loos says the ripple effects for the lower income consumer will be strongly felt...

#PODCAST Economists warn that private transport services will bear brunt of possible "exorbitant" April fuel hike #sabcnews 

By Newsbreak Producer Hoosen Ebrahim - A boil water alert has been issued for Amanzimtoti and surrounding areas in the south Durban basin, as contractors ramp up remedial work and water quality monitoring. Residents are being urged to boil tap water for at least one minute before drinking, cooking, or making baby formula. Authorities say preliminary tests show water meets national standards, but taste, smell, and appearance concerns persist. The alert will remain in place until next week while investigations continue. Former Community Crime Prevention Organisation (CCPO) member and community Activist - George Snodey echoes the frustration amongst residents in the area... 

By Newsbreak Producer Hoosen Ebrahim - A boil water alert has been issued for Amanzimtoti and surrounding areas in the south Durban basin, as contractors ramp up remedial work and water quality monitoring. Residents are being urged to boil tap water for at least one minute before drinking, cooking, or making baby formula. Authorities say preliminary tests show water meets national standards, but taste, smell, and appearance concerns persist. The alert will remain in place until next week while investigations continue. Former Community Crime Prevention Organisation (CCPO) member and community Activist - George Snodey echoes the frustration amongst residents in the area...&nbsp;

#PODCAST Experts in the gold industry explain why more investors are looking to the commodity #sabcnews

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