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South Africa

1313 Results / Page 132 of 146

Background

South Africa

South Africa’s members of Parliament have criticised the business rescue process of the Post Office

South Africa's members of Parliament have criticised the business rescue process of the Post Office.  The process involves the retrenchment of thousands of workers and the closure of hundreds of branches countrywide. Members of the Communications and Digital Technologies committee received a briefing on the business rescue, with minister Mondli Gungubele confirming the plan will result in job losses.

todayDecember 14, 2023 9

South Africa

DA in South Africa is gearing up to unveil its national manifesto on 17 February

The DA in South Africa is gearing up to unveil its national manifesto on 17 February in Pretoria, highlighting its proven track record of effective governance in the City of Tshwane. In anticipation of the upcoming elections, the party says it is committed to offering South Africans a transparent and credible pathway to prosperity. The DA’s Solly Malatsi anticipates the participation of thousands of supporters at the launch of this […]

todayDecember 14, 2023 4

South Africa

Eskom has announced the resumption of Stage 2 load-shedding

Eskom has announced the resumption of Stage 2 load-shedding, starting from 4 PM until 5 AM this morning. Load-shedding will then be suspended until 4 PM today, with this pattern expected to continue daily until Sunday afternoon. Eskom spokesperson Daphne Mokoena has attributed the scale-down in power cuts to lower demand and a further improvement in generation capacity.  

todayDecember 14, 2023 4

South Africa

City of Johannesburg urges residents, visitors, and businesses to stay vigilant for the upcoming long weekend

The City of Johannesburg urges residents, visitors, and businesses to stay vigilant for the upcoming long weekend and festive season. With schools closed and businesses shutting down tomorrow, increased travel is expected. Mayoral committee member for Public Safety, Mgcini Tshwaku, warns against carrying large sums of money, drinking, and driving, and unruly behaviour. The city’s Virgil James says police visibility will be heightened as part of the safer festive season […]

todayDecember 14, 2023 4

Business / Economics

Scramble in SA crypto market ahead of licensing round

By Conrad Onyango, bird story agency South Africa is witnessing an expansion in cryptocurrency offerings as the country gets closer to issuing its first operational licenses to financial service providers. Payment firms and fintech companies are driving the move, with commercial banks expected to follow suit. One of the latest offerings enables users to purchase goods and services using cryptocurrency, while another allows them to withdraw digital currency as cash […]

todayDecember 13, 2023 7

South Africa

SA’s Referendum Party says its rejects Julius Malema’s declaration

SA's Referendum Party says its rejects Julius Malema’s declaration that his party the EFF will use the might of the state to stop Western Cape independence. A poll conducted by Victory Research on behalf of the Cape Independence Advocacy Group revealed that 68-percent of the people living in the province support the idea of a referendum on Cape Independence. Referendum Party leader, Phil Craig, says Cape Independence is being pursued […]

todayDecember 13, 2023 5

South Africa

The Steel and Engineering Industries Federation of Southern Africa is concerned about the collapse of the steel industry

The Steel and Engineering Industries Federation of Southern Africa has expressed alarm over the crumbling state of the steel industry. Concerns escalate as ArcelorMittal South Africa is expected to commence layoffs of three-thousand-500 jobs this week. The company cites weak demand, ongoing infrastructure issues, persistent rail logistics challenges, and intensified load-shedding as factors prompting the closure of its long steel operations. The federation’s president Elias Monage told eNCA the retrenchments […]

todayDecember 13, 2023 15

South Africa

SA’s Organisation Undoing Tax Abuse says municipalities need more accountability for spending

SA's Organisation Undoing Tax Abuse says municipalities need to rethink how they raise revenues and apply more accountability and consequence management when it comes to spending or misspending revenues. A recent report by the National Treasury revealed that municipal collection rates stood at a staggeringly low 56.1-percent as opposed to the budgeted 83.1-percent collection anticipated. Outa’s Jonathan Erasmus says there seems to be a tendency among municipalities to budget for […]

todayDecember 13, 2023 7

South Africa

South Africa’s Trade union Solidarity condemns the appalling hostage drama at Gold One Modder East mine

South Africa's Trade union Solidarity condemns the appalling hostage drama at Gold One Modder East mine in Springs, Gauteng, where approximately 440 miners were reportedly held captive, assaulted and humiliated. This follows a similar incident in October that led to the dismissal of 52 miners. The latest incident stemmed from a sit-down strike objecting to the dismissals. Solidarity says white supervising managers were specifically targeted. The union demands swift action […]

todayDecember 13, 2023 3

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