SA excluded from G20 Finance Meeting in US: Godongwana

FILE | Finance Minister Enoch Godongwana addresses a media briefing. Finance Minister Enoch Godongwana says National Treasury officials will attend the International Monetary Fund (IMF) and World Bank meetings next year, but South Africa will not participate in the G20 Finance Track Meeting on the margins of meetings in Washington, United States (US). The US…

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ATNS assures readiness for peak season travel after delays

Multiple flights seen at an airport. The Air Traffic and Navigation Services (ATNS) has provided assurances that it is fully prepared for the festive season peak travel following operational challenges that resulted in flight delays. This was due in part to a lack of instrument flight procedures at airports across the country. ATNS Head of…

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“We want our salaries”: NTI workers picket outside ANC NGC

North West Transport Investment employees affiliated to Satawu during a protest outside the ANC NGC at the Birchwood Hotel in Boksburg. Workers from North West Transport Investment (NTI) have taken their fight over months-long non-payment of salaries to the African National Congress’ National General Council (NGC) gathering at the Birchwood Hotel in Boksburg. “Mr President,…

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Nvidia builds location verification tech to fight chip smuggling

Nvidia GB10 Grace Blackwell Superchip is displayed at the company’s GTC conference in San Jose, California, US. Nvidia has built location verification technology that could indicate which country its chips are operating in, the company confirmed on Wednesday, a move that could help prevent its artificial intelligence chips from being smuggled into countries where their export…

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Transnet signs a 25-year port deal with ICTSI

A view of a Durban terminal. Transnet has finally signed an R11 billion partnership with a Philippines-based port operator to expand and upgrade the Durban Container Terminal (DCT) Pier 2. Two years ago, International Container Terminal Services Incorporated (ICTSI) won the contract to operate the continent’s biggest container hub over a period of 25 years….

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Merafong municipality, Eskom sign electricity distribution agreement

An Eskom logo is seen at the entrance of their head offices in Sunninghill, Sandton. Eskom and Merafong City Local Municipality in Carletonville on Gauteng’s West Rand have signed a Distribution Agency Agreement. It’s aimed at stabilising electricity distribution and improve service delivery. Under the agreement, Eskom and the municipality will jointly manage the distribution…

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Govt begins process of releasing Ithala depositors’ funds

FILE | Ithala bank’s Ndumo branch in KwaZulu-Natal. Ithala depositors have begun flocking to branches designated to pay out their funds in KwaZulu-Natal as government begins the process of releasing funds. The National Treasury has made available up to R2.2 billion to start being paid out this week through FNB branches. Depositors are being sent…

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