[File Image]: Eskom vehicle. 2 minutes Eskom CEO Dan Marokane says the reintroduction of performance incentives has helped keep the focus on the company turnaround plan. He was speaking to SABC News on the sidelines of the World Economic Forum in Davos, Switzerland. Morokane says Eskom suspended its performance incentives five years ago. He says,…
South African rand notes. 2 minutes The government has tabled a new wage offer of 5.5% for public sector workers. The employer met with labour unions at the Public Sector Coordinating Bargaining Council for a revised offer after the workers rejected a proposed 5% salary increase. The Medium-Term Budget Policy Statement tabled last year makes…
Norton Rose Fulbright office building, Sandton, Johannesburg. 1 minute Black legal practitioners have voiced concerns over Norton Rose Fulbright’s legal bid to block the newly introduced B-BBEE legal sector code. The code aims to address racial discrimination and promote black ownership in South Africa’s legal industry. Basadi ba Molao, a non-profit organization advocating for equality…
US bank note. 3 minutes The dollar took a dive on Monday after US President-elect Donald Trump was quoted as saying he will not impose trade tariffs straight after his inauguration, which is set to take place later in the session. Trump will issue a broad trade memo on Monday that stops short of imposing…
A Ithala Bank stand at an event. 2 minutes Some Ithala Bank clients in Durban have voiced their concern and anger over the current dilemma that the bank finds itself in. Last week, the Reserve Bank’s Prudential Authority filed papers in the Pietermaritzburg High Court for the provisional liquidation of Ithala. Some branches in the…
[File image] Minister Velenkosini Hlabisa speaking at a government event. 1 minute Cooperative Governance and Traditional Affairs Minister, Velenkosini Hlabisa says he will meet with labour unions this week to explore solutions to continue supporting the Community Work Programme participants aged 55 and older, despite budgetary constraints. This follows his decision to extend the contracts…
1 minute The Airports Company South Africa (ACSA) has assured that efforts are underway to ensure the continued supply of jet fuel at the O.R Tambo International Airport in Kempton Park. ACSA says the current fuel reserves are forecast to last just over seven days, following a fire at the National Petroleum Refiners of South…
A view shows the office of TikTok in Culver City, California 5 minutes President-elect Donald Trump said he would revive TikTok access in the US by executive order after he is sworn in on Monday, but said he wants the popular social media app to be at least half owned by US investors. TikTok stopped…
1 minute South African Airways is set to re-launch flights to Dar es Salaam, Tanzania, on January 20th. Dar es Salaam is one of several African routes that the South African flag carrier has been reviving and expanding. The airline, which last operated flights to Dar es Salaam five years ago, is set to resume…
Bourke’s Luck Potholes is a magnificent natural attraction located along the Panorama Route 3 minutes Over a hundred employees have embarked on a strike at all nature reserves managed by the Mpumalanga Tourism and Parks Agency. That’s after the agency announced that it’s facing financial difficulties and plans to implement cost-cutting measures, including job cuts….
