The South African Mining Industry is very crucial to it's economy. Transnet is one of it's major players. Given that it had a set budget for the 2021/22 financial year, much of which was supposed to be financed by the mining sector, unfortunately, the sector delivered a shortfall.
If Transnet had performed on its nameplate capacity of 78 million tons rather than the 58 million tons delivered in 2021, the industry would have gained R32 billion in revenue. The sector lost R16 billion in sales by failing to meet its objective of 68 million tons.
Because of the above shortfall, assuming current market prices, more than a third of the R140 billion in tax scheduled to be paid from all South African mining firms.
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Who is Transnet?</h3>
Transnet SOC Ltd is a significant South African rail, port, and pipeline corporation located in Johannesburg's Carlton Centre.
It was established as a limited business on April 1, 1990. The South African government's Department of Public Enterprises, or DPE, owns the majority of the company's equity.
Learn more about South African Mining:
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Answer:
all of the above is the correct option
Explanation:
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In 1884. The ringling brothers organized their first small circus.
Answer:
These are the options for the question:
a. Ultraconservative
b. Conservative
c. Moderate
d. Aggressive
And this is the correct answer:
c. Moderate
Explanation:
The type of investor described in the question can be defined as "moderate". On one hand, the this type of investor pools money to new companies, which is likely a risky action, because many new companies do not survive for long.
On the other hand, this type of investor invests in collectibles, and real estate partnerships, which are safer instruments, because they provide limited liability.
Therefore, an investor that takes decisions that are risky but also decisions that are safe can be classified as a moderate.
The most frequently employed technique of workers was the STRIKE. Withholding labor from management would, in theory, force the company to suffer great enough financial losses that they would agree to worker terms. Strikes have been known in America since the colonial age, but their numbers grew larger in the Gilded Age.
