SAA laments industrial action by SAA Pilots’ Association

[FILE IMAGE]: Passengers board a South African Airways plane at the Port Elizabeth International Airport in the Eastern Cape province. 1 minute The South African Airways (SAA) has lamented the SAA Pilots’ Association and the National Transport Movement’s decision to commence “work to rule” industrial action, effective from Wednesday. SAA says it had recently provided…

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Audit opinions of irregularities issued to four municipalities: AG

Auditor General Tsakani Maluleke. 4 minutes The office of the Auditor General says it has formally issued audit opinions of material irregularities to four municipalities for late submission of financial statements for 2023/2024 financial year. Earlier, AG Tsakani Maluleke wrote to the Speaker of the National Assembly Thoko Didiza requesting her to use her legislative…

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COSATU pickets at North West legislature ahead of budget speech

File Image: COSATU members protest joblessness. 2 minutes The Congress of South African Trade Unions (COSATU) in the North West is leading a picket today at the provincial legislature, against austerity measures. This protest comes ahead of the provincial government’s budget speech. The union is urging the government to address issues relating to service delivery…

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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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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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