An Eskom logo is seen at the entrance of their head offices in Sunninghill, Sandton. The African Security Congress (ASC) has called for a thorough investigation into Eskom’s security tender process alleging corruption and favouritism. The organisation alleges that the power utility’s tender bidding process overlooks black-owned companies while favouring white-owned businesses. It has also…
South African rands. PSG Financial Services has warned South Africans against withdrawing money from their retirement funds, saying it could have serious long-term financial consequences. The warning comes as National Treasury plans to open discussions later this year on allowing limited access to retirement savings under the two-pot system in cases of financial distress. The…
Children queuing for food. The war in Iran is likely to worsen the cost of living crisis poor South Africans find themselves in already. Pietermaritzburg Economic Justice and Dignity Programme coordinator Mervyn Abrahams says the % increase in electricity prices later this year effectively cut the increase in the National Minimum Wage to below the…
Auditor-General Tsakani Maluleke. Auditor-General (AG), Tsakani Maluleke, has delivered the 2024/25 national and provincial government audit outcomes, saying 151 out of 417 have achieved clean audits. This marks an improvement on the 142 clean audits reported for the previous 2023/24 period. However, the AG says it’s still very slow progress, adding that more needs to…
Samwu is holding a general meeting to address its members on the status of Politically Facilitated Agreement (PFA). Democratic Alliance (DA) Johannesburg Mayoral candidate Helen Zille has approached the court to urgently interdict the over R10 billion wage deal between the City and the South African Municipal workers Union (Samwu). Zille says the agreement was…
Trucks and cars on a Freeway The Department of Mineral and Petroleum Resources has clarified that working from home is not an official government policy or proposal. In a statement, the department said remarks made by its Director of Fuel Pricing, Robert Maake, were in response to a question during a workshop on fuel pricing…
Reserve Bank Governor Lesetja Kganyago. Reserve Bank Governor Lesetja Kganyago says the bank has decided to keep the repo rate steady at 6.75% amid steeply rising oil prices. This means that the prime lending rate remains at 10.25%. Kganyago says the bank is closely watching the effects of the oil price shock on the back of the conflict in the Middle…
Cosatu General Secretary Solly Phetoe addresses delegates at the Nedlac Labour School on 24 Narch 2026. Some of the country’s labour unions have announced a coordinated programme of action against the crippling cost of living. This is as global tensions continue to drive local prices higher. The plan includes the re-establishment of a Nedlac Task Team. This emerged on…
Phase One of City Power’s Electric Vehicle (EV) charging station at the City Power Head Office. City Power says the first phase of its electric vehicle (EV) charging project will focus on installing standard charging stations across Johannesburg. The initial rollout includes over a dozen chargers capable of powering vehicles in under an hour, significantly…
Electricity and Energy Minister Dr Kgosientsho Ramokgopa addresses the Africa Energy Indaba at the Cape Town International Convention Centre March 3, 2026 Electricity and Energy Minister Dr Kgosientsho Ramokgopa says government has been assured that load shedding in the country will soon be eradicated. He was speaking during the passing of the 2026 Fiscal Framework…
