Ramaphosa encourages spaza shop owners to register their businesses

President Cyril Ramaphosa. 1 minute President Cyril Ramaphosa says the recent spate of incidents of suspected food poisoning linked to spaza shops and informal traders has brought issues of health and safety regulations into sharp focus. He has encouraged small entrepreneurs to register their businesses within a prescribed timeframe. Ramaphosa says the registration will legitimise…

Read More

Pension payment defaults amount to over R5 bln: FSCA

Person holds a piggybank 3 minutes The Financial Sector Conduct Authority (FSCA) has sounded the alarm on the social and economic consequences of overdue pension fund contributions. The FSCA says arrear contributions affect the retirement savings outcomes of 310 000 members. Outstanding contributions are sitting at R5.2 billion, of which R1.4 billion is owed by…

Read More

All prepaid meters in Joburg recoded: City Power

An Eskom prepaid electricity meter box. 1 minute Johannesburg’s City Power says all its vending prepaid customers had their meters recoded ahead of last night’s deadline. The power utility says its teams will be on the ground from today assisting customers with replacing and installing new meters. City Power says it has already pre-generated key…

Read More

Bitcoin at record highs, sets sights on $100 000

FILE PHOTO: Bitcoin tokens and a price chart are seen in this illustration picture 3 minutes Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100 000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration….

Read More

Foreigners may reconsider owning spaza shops: ADF

Compliance inspection conducted as part of Operation Shanela, at a spaza shop in Kimberley, Northern Cape. Nov 2024 2 minutes The African Diaspora Forum (ADF), which represents the interests of foreign nationals in the country, says that its members have met with hostility from community members while trying to register their township spaza shops, in…

Read More

Elderly in Soweto frustrated as Eskom prepaid meter deadline looms

An Eskom prepaid electricity meter box and card. 2 minutes Disgruntled residents of Orlando in Soweto have accused Eskom officials of not properly communicating with them on the looming deadline for the upgrade of prepaid electricity meter boxes. The deadline is Sunday and residents with meter boxes that have not been upgraded could find themselves in the dark. Elderly residents say they…

Read More