1 minute The South African Express Parcel Association has warned that criminals have found new opportunities to target unsuspecting online consumers. It says an increase in online shopping has created more potential victims. The association’s CEO Garry Marshall has urged consumers to remain vigilant. “So if you think about what they’re after, what we’re talking…
Police surround a cage that was lowered underground to retrieve illegal miners at Stilfontein in the North West in this image captured on 14 January 2025. 2 minutes Non-governmental organisation, Bench-Marks Foundation, has attributed the escalation of illegal mining in the country to what it terms government’s failure to formalise artisanal mining. This follows the deaths of 78 illegal miners at…
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…
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…
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…
FILE: An illegal miner 1 minute The WesVaal Chamber of Business in Klerksdorp in the North West has advised local residents to focus on exploring other avenues for survival rather than illegal mining. This comes after some residents called on government to make the formalisation of artisanal mining its priority. Seventy-eight bodies of illegal miners…
Security officers walk past the Johannesburg Stock Exchange (JSE) in Sandton 1 minute The Johannesburg Stock Exchange (JSE) and government are discussing the possibility of listing state-owned enterprises as part of their expanding partnership to grow and develop the economy. The two parties say other areas of potential collaboration include the establishment of a township…
Hard hat and torch. 3 minutes More than 900 suspected illegal miners have been arrested between December last year and January this year in Limpopo. The suspected illegal miners were arrested during police’s operation Vala Umgodi across the province. Meanwhile, mining forums in the mineral-rich Sekhukhune district are calling on the government to issue them with…
File image: A woman holding South African rands. 2 minutes The Congress of South African Trade Unions (Cosatu) says there has been a blatant disregard for the national minimum wage by some employers and the federation is cautioning that it is illegal for employers to pay their employees less than R27.58 per hour. A study…
The National Minimum Wage came into effect in January 2019. 2 minutes A study by the National Minimum Wage Commission has uncovered lack of compliance with South Africa’s National Minimum Wage Policy by employers. The National Minimum Wage was last year set at R27,58 per hour. The study also found evidence suggestive of partial compliance…
