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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Electricity tariff hikes might lead to illegal connections: SALGA

Illegal electricity connection cables. 2 minutes The SA Local Government Association (SALGA) has warned that the recently approved electricity tariff increases might lead to illegal connections in different communities. The National Energy Regulator (NERSA) has approved Eskom’s 12.74 % tariff increase for direct customers and 11.32% for municipalities. The increase for direct customers will take…

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High expectations ahead Maile’s budget speech

Gauteng Finance MEC Lebogang Maile addresses the business breakfast at the JSE. 2 minutes Gauteng residents have high expectations of the provincial budget speech. This is as Finance and Economic Development MEC Lebogang Maile is set to table the provincial budget and how it will be spent for this financial year. Gauteng residents have high expectations of…

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