Chinese Ambassador to South Africa, Wu Pang 4 minutes There have been renewed commitments from Chinese companies operating in South Africa to comply with the country’s labour laws and corporate social responsibilities. South Africa hosts the launch of the corporate social responsibility report of Chinese-funded enterprises in South Africa. The report looks at Chinese companies’…
Hand flipping wooden cube block to change between up and down with percentage sign symbol for increase and decrease financial interest rate 2 minutes Independent Economist Elize Kruger says the Consumer Price Inflation (CPI) index surpassed analysts’ expectations in November. This is as data released by Stats SA shows that inflation increased by 2.9% in…
Two gold pots with gold coins in them illustrating the two-pot retirement system. 1 minute Finance Minister Enoch Godongwana has confirmed that about 7 770 employers have defaulted on paying their pension fund contributions as of December 2023. The Minister says this failure had a negative impact on the implementation of the payment of the…
Gauteng Finance and Economic Development MEC Lebogang Maile 1 minute Gauteng Finance and Economic Development MEC Lebogang Maile says of the more than 13 600 registration forms issued to spaza shops, just over 4 500 have been returned as of Tuesday. Maile was giving an update on the ongoing registration of spaza shops across Gauteng….
File image: A security guard stands in front of a liquor store. 2 minutes The National Liquor Traders Council (NLTC) has accused government of continuing to use the alcohol industry as a scapegoat for its failure to fight crime in the country. This comes after National Treasury announced its intention to increase the excise tax…
Mine workers stand underground at Gold Fields’ South Deep mine, south-west of Johannesburg, South Africa. 2 minutes Production in the mining sector has eased to an annualised 1.4% in October, down from an increase of 4.9% in the previous month. Analysts say the sector continues to struggle despite the absence of load shedding for several…
A disused mine shaft. 2 minutes The South African Human Rights Commission (SAHRC) says while illegal mining is a criminal offence, it is important to note that those who are still underground in Stilfontein in the North West need food to regain strength to emerge. North West police have said that 1 420 illegal miners…
Minister Ronald Lamola together with other delegates at the meeting of sherpas of the Group of 20 . 3 minutes The conferencing industry has welcomed the start of a series of engagements under South Africa’s G20 presidency. The first meeting of sherpas of the Group of 20 kicked off in Johannesburg today. It marks the…
National Treasury’s Director-General, Duncan Pieterse addresses the G20 finance and central bank deputies meeting on December 11, 2024. 1 minute South Africa says its G20 Presidency will seek new ways to improve debt restructuring and support countries with liquidity challenges. The G20 established the Common Framework for Debt Treatment in 2020, to assist poor indebted…
Parliament’s Committee on Communications and Digital Technologies conduct oversight visit at the Post Office in Flagstaff, Eastern Cape on October 9, 2024. 2 minutes The Congress of South African Trade Unions (Cosatu) has expressed doubts on whether the money spent on rescuing the Post Office was worth is. The state-owned enterprise’s business rescue process has…
