PPC will consider a rights issue to strengthen the balance sheet but the timing and amount are yet to be determined, the cement maker said.The Johannesburg-based company owes lenders including FirstRand’s Rand Merchant Bank, Nedbank and Standard Bank a combined R750 million.The 128-year-old business was struggling to manage a slump in demand for cement in…
Houston opened to 75% capacity on Friday, but it may not last long. Officials are cautioning that they may need to order people back home and open a COVID-19 hospital at NRG Stadium, a football complex, as coronavirus cases surge in the nation's fourth-largest city."I'm growing increasingly concerned that we may be approaching the precipice…
Houston opened to 75% capacity on Friday, but it may not last long. Officials are cautioning that they may need to order people back home and open a COVID-19 hospital at NRG Stadium, a football complex, as coronavirus cases surge in the nation's fourth-largest city."I'm growing increasingly concerned that we may be approaching the precipice…
Kataza the baboon. Facebook / Baboon Matters The City of Cape Town has asked the public not to feed a baboon that has relocated to Tokai. The baboon, known as Kataza or SK11, is slowly being integrated into the Tokai troop. Video footage, however, shows humans feeding Kataza. The City of Cape Town has requested that Kataza…
As SA Rugby moves to determine which franchises will go to Europe in future, Rassie Erasmus has noted several potential benefits for the local game should that route be followed.The national director of rugby believes the high world rankings of Wales, Ireland and Scotland mean PRO Rugby is competitive and that fans will eventually identify…
(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…