Residents say their degrees are gathering dust. An economist has warned that South Africa faces a worsening unemployment crisis, with job creation failing to keep pace with demand. Associate Professor at the Southern Centre for Inequality Studies, Justine Visagie, says only about 130 000 formal jobs have been created annually over the past decade. Visagie…
FILE| Models of oil barrels and a pump jack are displayed in front of a rising stock graph. Global oil prices have surged to a four-year high, reaching $126 dollars (R2 115, 56) a barrel. The sharp increase follows reports that the United States military would brief President Donald Trump on potential action against Iran….
Students enquiring about NSFAS at the University Johannesburg’s Auckland Park Campus. Two members of the National Student Financial Aid Scheme (NSFAS) board have resigned. They are the interim chairperson, Dr Mugwena Maluleke, and the Chairperson of the Human Resources and Organisational Development Committee, Karabo Mohale. The Higher Education and Training Department says Minister Buti Manamela…
Vehicle being charge by a Mobile Hydrogen Refuelling Station. Science, Technology and Innovation Deputy Minister Nomalungelo Gina is expected to officially hand over a Mobile Hydrogen Refuelling Station (MHRS) and formally open the Rapid Prototype Training and Testing Facility (RPTTF) at the North West University (NWU) in Potchefstroom in the North West. This underscores a…
The new Buthelezi Centre brings fresh economic hope and job opportunities to the Empangeni community Minister of Cooperative Governance and Traditional Affairs, Velenkosini Hlabisa, says the opening of the revamped Prince Buthelezi Mall in Empangeni is set to play a meaningful role in stimulating the rural economy. The mall, formerly known as Greenhills Mall, has…
Fuel pumps The Motor Industry Staff Association (MISA) has welcomed government’s extension of the fuel levy relief. Drivers of petrol vehicles will continue to receive relief of R3 per litre, while drivers of diesel vehicles will benefit from a discount of R3.93 cents a litre. In March, government announced a temporary reduction in the fuel…
Vehicle at a fillong station Government has officially extended the temporary reduction of the fuel levy to shield South Africans from another massive price hike expected next month. In a joint move to stave off economic pressure, the Minister of Finance and the Minister of Mineral and Petroleum Resources have confirmed that the relief measures…
Barrels of oil. The United Arab Emirates (UAE) says it is withdrawing from the Organisation of the Petroleum Exporting Countries (OPEC) and OPEC+, delivering a major blow to the oil-producing alliances. It comes at a time when the war on Iran has triggered an energy shock and rattled the global economy. The departure of the…
Lebombo Port of Entry signage. Home Affairs Minister Leon Schreiber says the redevelopment of six strategic ports of entry across the country will significantly improve border security. Earlier, the Border Management Authority (BMA) announced the appointment of five construction consortiums to redevelop the selected ports of entry at a cost of R12.5 billion. The ports…
The Congress of South African Trade Unions (COSATU) holds a media briefing ahead of the Workers Day Rally to be held at Peter Mokaba Stadium in Polokwane. Livestream:
