E-toll debt to be absorbed, e-toll is over: Lesufi

[File photo] An e-tolls gantry on the highway in Gauteng. 2 minutes Gauteng Premier Panyaza Lesufi says the Gauteng government will absorb the e-toll debt and they will continue to service it. Reacting to the Gauteng budget delivered by the Province’s MEC for Economic Development, Panyaza has assured Gauteng residents that e-tolling is a thing…

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Kenny Fihla appointed new Absa CEO

1 minute Kenny Fihla has been appointed as the new Absa CEO. Fihla, who serves as Standard Bank Group Deputy Chief Executive and CEO of Standard Bank South Africa, resigned from all his executive positions with effect from June 13. Absa says Fihla’s appointment is effective from July 17, subject to regulatory approval. Charles Russon has…

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Macpherson eyes EPWP as skills transfer tool

Workers are seen building housing units at a construction site as coronavirus disease (COVID-19) lockdown regulations ease in Fleurhof, near Johannesburg, South Africa, October 6, 2020. 2 minutes Public Works and Infrastructure Minister Dean Macpherson says they are working to ensure that Expanded Public Works Programme becomes a vehicle for skills transfer and offering recipients…

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Survey shows consumer inflation to average at 4.3% this year

Wooden dices showing drop in percentage 1 minute A survey conducted by the Bureau for Economic Research among analysts, trade unions and businesses indicates that they expect consumer inflation to average 4.3% this year. This means that consumer inflation is expected to remain contained at the midpoint of the Reserve Bank’s target range over the…

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ANC vs. MK: Battle over use of MK name heads to SCA

[File photo] 1 minute The battle for the heart and soul of uMkhonto we Sizwe (MK) – the now disbanded former military wing of the African National Congress (ANC) continues. This comes as the ANC has filed papers in the Supreme Court of Appeal (SCA) after the KwaZulu-Natal High Court in Durban ruled in favour…

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