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ArcelorMittal says it is facing a myriad of challenges

Government officials meeting with steel company ArcelorMittal. 1 minute ArcelorMittal Chief Executive Officer Kobus Vester says apart from low demand, the business faces a number of challenges which include electricity cost pressures, railway issues, tax, competition from cheap imports and employee compensation. This is as 3 500 workers stand to lose their jobs after ArcelorMittal…

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Sabalenka through to Australian Open fourth round

Aryna Sabalenka of Belarus in action against Coco Gauff of the United States in the semi-final of the women’s singles at the Australian Open in Melbourne, Victoria, Australia on January 25, 2024. 1 minute World number one and defending champion, Aryna Sabalenka of Belarus has made it through to the fourth round of the Australian…

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Future of KZN, Gauteng structures to top ANC NEC meeting

1 minute Further discussions on whether the KwaZulu-Natal and Gauteng provincial executive committees should be disbanded are expected to top the agenda of the African National Congress National Executive Committee’s (ANC NEC) meeting. The party’s poor performance in the May 2024 elections has informed the discussions in the two-day meeting which will start in Boksburg, east of Johannesburg, today. 2025 will…

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Govt working with ArcelorMittal to avert possible job losses

A worker grinding metal at a factory 2 minutes Government says a multi-disciplinary team of departments is engaging with ArcelorMittal management to seek a solution to the looming job losses. This after the steel producer announced plans to shut down its operations in Newcastle in KwaZulu-Natal and Vanderbijlpark in Gauteng. Following a meeting with the…

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Twala pays tribute to Winnie Khumalo, slams ANC for ‘failing’ artists

Musician and actress Winnie Khumalo. 2 minutes Music producer Sello Chicco Twala has slammed the African National Congress (ANC), saying it has failed South African artists. He was speaking at the funeral service of singer and songwriter, Winnie Khumalo at the Protea Multipurpose Centre in Soweto. Khumalo died earlier this month at the age of 51 following a short illness. Twala has called upon…

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Ithala depositors’ monies safe: Govt

A Ithala Bank stand at an event. 1 minute Government has assured retail depositors of Ithala that their money is protected in the process to winding the state-owned financial entity. The Reserve Bank’s Prudential Authority has filed papers in the High Court in Pietermaritzburg for the provisional liquidation of the bank. Ithala believes the move…

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