Numsa to march to National Treasury today

FILE| Numsa members at a strike. The National Union of Metalworkers of South Africa (Numsa) will march to National Treasury in Pretoria today. The union is demanding that government should stop conducting business with private security companies that are not compliant with collective agreements. Numsa’s spokesperson Phakamile Hlubi-Majola says it’s a disgrace that workers in…

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African banks pledge billions for infrastructure at Luanda Summit

[FILE IMAGE]: Construction on Durban roads. Africa’s financial institutions have committed to generate billions of US dollars needed to finance the continent’s infrastructure development. This pledge was made at the Luanda Summit on Financing Infrastructure Development in Africa. Different sectors on the continent met to discuss the possibility of financing big projects in Africa. The…

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SA keeps 4th spot in RMB’s Africa investment ranking

RMB building The RMB Where to Invest in Africa Index ranks South Africa at number four, the position it also held last year. The report says South Africa maintains this position as a crucial hub with a robust financial sector. Seychelles was ranked number one for a stable environment and high human development, followed by…

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Abalone catch for the financial year limited to 12 tons

File: Abalone and processing equipment worth about R10 million was seized during an unplanned inspection at a house in Mowbray, 2024. Fisheries Minister Dion George has set the total allowable abalone catch for this financial year at just over twelve tons. The drastic cut follows new scientific evidence showing abalone populations are at less than…

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NPO says SA’s removal from FATF greylist helps access to funding

Person holds SA money Cape Town-based non-profit organisation Inyathelo has welcomed the Financial Action Task Force’s (FAFT) decision to remove South Africa from its greylist. The NGO’s Acting Executive Director, Feryal Domingo, says the move is a major milestone that restores confidence in the country’s financial systems. RELATED VIDEO | SA finally exit FATF greylist…

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