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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South Africa

489 Results / Page 52 of 55

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South Africa

South African Federation of Trade Unions disappointed at Reserve Bank’s continued restrictive monetary policy

The South African Federation of Trade Unions says it is disappointed that the South African Reserve Bank continues to pursue a restrictive monetary policy. The bank’s Monetary Policy Committee has kept the repo rate unchanged at 8.25-percent, leaving the prime lending rate at 11.75-percent. Saftu’s national spokesperson, Trevor Shaku, says a restrictive monetary policy harms growth prospects and hurts the working class more than any other section of the economy. […]

todayNovember 24, 2023 18

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South Africa

Suspended KwaZulu-Natal Regional Court president has been indicted on five counts including corruption

Suspended KwaZulu-Natal Regional Court president Eric Nzimande has been indicted on five counts of contravening the Prevention and Combating of Corrupt Activities Act. He appeared in the Durban Magistrate’s Court on charges stemming from allegations that Nzimande received unauthorised gratification of 230-thousand-rand for appointing acting Regional Court magistrates. The National Prosecuting Authority’s spokesperson in the province, Natasha Ramkisson-Kara, says Nzimande was responsible for recommending these appointments to the minister of […]

todayNovember 24, 2023 1

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South Africa

Hawks boss underscores commitment in addressing high-priority crimes

Hawks boss Godfrey Lebeya has underscored the commitment of his team in addressing high-priority crimes. In a significant development, 801 suspects have been apprehended nationwide. Fraud tops the list of offenses, contributing to the highest number of investigations. The Hawks’ operations extend beyond these crimes, with seizures involving endangered species, vehicles, cash, firearms, ammunition, counterfeit goods, explosives, and more. He was addressing the media on the Hawks second quarter crime […]

todayNovember 24, 2023 9

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South Africa

GOOD Party in Tshwane is calling on the city mayor to convert abandoned city buildings into homeless shelters

The GOOD Party in Tshwane is calling on the city mayor, Cilliers Brink to fast-track plans to convert abandoned city buildings into homeless shelters, after the closure of Tshwane’s only metro-run homeless shelter in Pretoria. The announcement of the Struben Street shelter’s imminent closure was made by Gauteng MEC for Social Development, Mbali Hlophe on Tuesday. The GOOD Party’s Sarah Mabotsa says the shelter was founded in 2005 but fell […]

todayNovember 23, 2023 17

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South Africa

SA’s President Ramaphosa stresses the importance of improving the country’s ports

SA's President Cyril Ramaphosa says port cruise terminals provide multi-modal connectivity to the region and the rest of the world, thus contributing to the growth of the tourism industry. He officially opened the Nelson Mandela cruise terminal in the Durban Port in KwaZulu-Natal yesterday evening. In 2019, the Mediterranean Shipping Company entered into a Public Private Partnership with Transnet to design, build, and operate a new cruise terminal at the […]

todayNovember 23, 2023

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South Africa

Eastern Cape province and key stakeholders sign joint declaration on development cooperation

Eastern Cape premier, Oscar Mabuyane says the provincial government with its key stakeholders have signed a joint declaration to reinforce cooperation and serve as a blueprint for collective efforts to advance the development of the province. The declaration was signed during the provincial development conference in East London. Mabuyane says this is to enhance the lives of the people of the Eastern Cape through socio-economic and sustainable development, including economic […]

todayNovember 23, 2023 10

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Business / Economics

South Africa’s consumer inflation increases to 5.9-percent in October

South Africa’s annual consumer inflation increased for a third consecutive month in October, bordering on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5.9 percent, up from 5.4 percent in September. The consensus among economists before the inflation number was that the Reserve Bank will keep rates on hold when it announces its decision tomorrow.

todayNovember 22, 2023 6

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Business / Economics

South Africa’s two-pot retirement system faces early implementation amid industry concerns

South Africa’s Parliamentary Standing Committee on Finance has recommended that the so-called two-pot retirement system should be implemented on 1 March 2024, instead of March 2025. According to MoneyWeb, SA’s retirement industry has been caught off guard by the decision with financial service providers expressing concern about system readiness, and arguing that both the South African Revenue Service and the retirement industry need until 2025 to adapt to proposed changes […]

todayNovember 22, 2023 7

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South Africa

DA in South Africa has accused SA president and Public Enterprises minister of failed leadership

The DA in South Africa has accused president Cyril Ramaphosa and Public Enterprises minister Pravin Gordhan of failed leadership concerning the challenges faced by Transnet Port Terminals. DA national spokesperson for Public Enterprises, Mimmy Gondwe, says both leaders have neglected their constitutional obligations to safeguard the economy during the worst crisis in decades for trade and export ports. Gondwe calls for Ramaphosa and Gordhan to take the lead in engaging […]

todayNovember 22, 2023 7

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