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.
<h3>
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.
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Answer:
Organizational strengths
Explanation:
Organizational strengths, it is the resource or the capacity of the firm which is used effectively in order to accomplish or achieve the goals as well as objectives of the business.
The examples of the strengths of the business are large market share, good customer service, leadership in product innovation, strong employee attitudes and personal relationships with customers.
So, the capabilities and the skills which provide the organizational special competencies and the competitive benefits are known as the organizational strengths.
Whistle-blowing is NOT an act of disloyalty.
Explanation:
In the study on employee loyalty, Duska at first brings into question the concept of Loyalty to a firm. Can that loyalty come at the price of loyalty to the people and society. It must not it is concluded.
So, whistle blowing when the company is doing something that is morally reprehensible is not a bad thing by any means.
While that is granted,<u> it is also to be noted that the boundaries such as these are defined by personal consciousness and then judged by the public conscious. </u>
Answer:
$20
Explanation:
Average total cost (AC) equals summation of average variable cost (AVC) and average fixed cost (AFC). Average fixed cost is calculated by division of total fixed cost (TFC) by number of widgets (N)
AC=AVC+AFC= AVC-TFC/N = $10+ $100,000/10,000 = $20
Capital Gains are identified as the primary ways to gain returns from the investments made in the stocks in the securities market.
<h3>What are capital gains?</h3>
The appreciation in value of the capital being invested in any asset class as such, and subject to realization of such gains over a specific period of time, is known as a capital gain.
This is a primary way of making money by investing in the stocks, other than secondary ways like bonus issue, dividends, and such others.
Hence, capital gains are the primary ways for making money by doing investments in stocks.
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