{"id":855347,"date":"2026-03-31T07:58:07","date_gmt":"2026-03-31T05:58:07","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=855347"},"modified":"2026-04-02T09:08:26","modified_gmt":"2026-04-02T07:08:26","slug":"city-of-tshwane-hits-major-makro-store-and-liqui-fruit-ordered-to-drop-its-trademark","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/855347\/city-of-tshwane-hits-major-makro-store-and-liqui-fruit-ordered-to-drop-its-trademark\/","title":{"rendered":"City of Tshwane hits major Makro store, and Liqui Fruit ordered to drop its trademark"},"content":{"rendered":"\n<p>The rand weakened on Monday as the ongoing month-long war in the Middle East kept oil prices elevated. Markets are looking for clarity regarding the talks between the US and Iran.<\/p>\n\n\n\n<p>The rand was trading at 17.1850 against the dollar, down 0.4% from Friday&#8217;s close.<\/p>\n\n\n\n<p>&#8220;For the time being, the \u2060risk remains firmly tilted towards further rand depreciation \u200bas the newsflow out of the Middle East \u200bremains particularly negative and market-disrupting,&#8221; said Analytics in a research note.<\/p>\n\n\n\n<p>Analysts anticipate continued pressure on the rand due to rising oil prices, which increase the risk of higher inflation in a country that imports energy.&nbsp;<\/p>\n\n\n\n<p>Oil prices are on track for a record monthly rise, with Brent crude nearing $115 a barrel after Yemen&#8217;s Houthis launched attacks on Israel over the weekend, escalating the ongoing conflict.&nbsp;<\/p>\n\n\n\n<p>Recent data from the South African Reserve Bank indicated that M3 money supply growth in February was 8.39%, an increase from 7.44% in January. Additionally, private sector credit growth for February reached 10.50%, up from January&#8217;s 8.83%.&nbsp;<\/p>\n\n\n\n<p>On the Johannesburg Stock Exchange, the Top-40 index rose by 0.5%.&nbsp;<\/p>\n\n\n\n<p>However, South Africa&#8217;s benchmark 2035 government bond weakened, with the yield increasing by 8.5 basis points to reach 9.27%.<\/p>\n\n\n\n<p>As of Tuesday, 31 March, the rand is trading at R17.14 to the dollar, R22.63 to the pound, and R19.65 to the euro. Gold is currently valued at $4,578.03 per ounce, while oil prices have risen to $113.3 per barrel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5 important things happening in South Africa today<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/09\/liqui-fruit-1024x576.jpg\" alt=\"\" class=\"wp-image-837412\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/09\/liqui-fruit-1024x576.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/09\/liqui-fruit-300x169.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/09\/liqui-fruit-768x432.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/09\/liqui-fruit.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Makro store cut off from electricity:<\/strong>&nbsp;Massmart is investigating the City of Tshwane&#8217;s decision to cut off power at its Wonderboom Makro store on March 30, 2026, due to an alleged outstanding bill of R1.8 million. This follows a Twitter\/X post by Tshwane Mayor Nasiphi Moya, stating the city was disconnecting the Masstores property, including the Makro store, over these arrears. The disconnection is part of the Tshwane Ya Tima credit control campaign, which publicly names rate defaulters and disconnects their utilities. [<a href=\"https:\/\/mybroadband.co.za\/news\/business\/637230-makro-stores-power-cut-off-over-r1-8-million-electricity-bill.html\">MyBroadband<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Liqui Fruit ordered to drop its trademark:<\/strong>\u00a0Fruit juice brand Liqui Fruit has been ordered to drop its &#8220;Nothing But Fruit&#8221; trademark in a significant ruling. The final appeals committee of the Advertising Regulatory Board (ARB) upheld an earlier decision made by the board&#8217;s appeal committee. [<a href=\"https:\/\/www.news24.com\/business\/companies\/massive-blow-to-liqui-fruits-nothing-but-fruit-claim-20260330-1015\">News24<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Fuel rationing hits Johannesburg:\u00a0<\/strong>Several petrol stations in Johannesburg have started rationing fuel, restricting motorists to a maximum of 30 litres per vehicle due to increasing concerns about supply constraints. [<a href=\"https:\/\/www.timeslive.co.za\/news\/south-africa\/2026-03-31-fuel-rationing-hits-parts-of-joburg-as-supply-delays-bite\/\">TimesLive<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Fraud warning for banks:&nbsp;<\/strong>South Africans attempting to secure home loans using fake bank statements or payslips face serious consequences, including imprisonment and being blacklisted, as banks enhance their fraud detection capabilities.&nbsp;As document fraud increases, banks are tightening their verification processes, according to Phoenix Bonds. Hannah Van Deventer, the National Director of Phoenix Bonds, warned that the penalties for getting caught are becoming more severe. The Southern African Fraud Prevention Service (SAFPS) has the authority to prohibit consumers from accessing credit for up to 10 years. [<a href=\"https:\/\/dailyinvestor.com\/property\/125675\/south-africans-warned-about-fake-bank-statements-and-payslips\/\">DailyInvestor<\/a>]<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Major hike for flights<\/strong> <strong>over Easter weekend:<\/strong>&nbsp;The intense demand for flights during this Easter weekend, combined with the soaring price of jet fuel, has caused airfares on South Africa&#8217;s most popular route to approach R10,000. The ongoing war in Iran has impacted global oil, petroleum, and gas prices, leading FlySafair to implement a &#8220;temporary dynamic fuel surcharge&#8221; from mid-March until July 31. [<a href=\"https:\/\/www.moneyweb.co.za\/news\/south-africa\/r10k-return-to-cape-town-this-easter\/\">Moneyweb<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are five important things happening in South Africa on Tuesday, 31 March 2026.<\/p>\n","protected":false},"author":92,"featured_media":854909,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[18993,16632],"class_list":["post-855347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-important-things-happening-in-south-africa-today","tag-5-things"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/855347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=855347"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/855347\/revisions"}],"predecessor-version":[{"id":855750,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/855347\/revisions\/855750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/854909"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=855347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=855347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=855347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}