insert_link 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 5
insert_link 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 10
insert_link 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 9
insert_link 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 7
insert_link 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 24
insert_link 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 14
insert_link 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
insert_link South Africa DA in South Africa has criticised the appointment of Russia’s Gazprombank as an investment partner for PetroSA The DA in South Africa has criticised the appointment of Russia’s Gazprombank as an investment partner for PetroSA, labeling it an energy sector state capture. Gazprombank is expected to assist in the rebuilding of PetroSA’s mothballed refinery in Mossel Bay. DA national spokesperson for Mineral Resources and Energy, Kevin Mileham, has raised concerns about the authenticity of the partnership, pointing out Gazprombank is the financial arm of the Russian state-owned […] todayDecember 13, 2023 26
insert_link South Africa SA’s DA has expressed deep concern over the sudden resignation of State Information Technology Agency CEO SA's DA has expressed deep concern over the sudden resignation of State Information Technology Agency CEO, Bongani Mabaso, citing significant instability. Controversies include the dismissal of six board members, allegedly over a disagreement over Mabaso’s remuneration raise, leading to an October strike affecting various government departments. The DA’s Tsholofelo Bodlani calls on the minister of Communications and Digital Technologies Mondli Gungubele, to address remuneration increase allegations, board dismissals and Mabaso’s […] todayDecember 13, 2023 10