File photo: Passengers walk to board a South African Airways (SAA) plane at the Hosea Kutako International Airport, in Windhoek, Namibia. 1 minute South African Airways (SAA) says its flight schedule has returned to normal. This after over 100 pilots resumed work yesterday after suspending their two-day strike action. The South African Airways Pilots Association,…
File Image: A worker attends to machinery at a smelter plant at Anglo American Platinum’s Unki mine in Shurugwi, Zimbabwe, May 16, 2019. 1 minute Cabinet has welcomed Saudi Arabia’s announcement that it will invest over R9 billion in the construction of a platinum smelter and metals refinery in Limpopo. Various projects around the country,…
African Development Bank President Akinwumi Adesina speaks during an interview with Reuters in Johannesburg, South Africa, March 25, 2022. 1 minute Morocco’s state-owned rail operator, ONCF, is seeking $8.8 billion from investors to finance its expansion plan, the head of the African Development Bank (AfDB), Akinwumi Adesina, has said. He told reporters late on Friday…
Electricity pylons. 2 minutes The Gauteng leg of public hearings by the National Energy Regulator of South Africa (Nersa) has seen strong opposition to the proposed 36% Eskom tariff hike. The power utility has applied for a 36% increase for the 2025/2026 financial year. It is also requesting 11 and 9% increases for the two…
Electricity pylons. 2 minutes The Gauteng leg of public hearings by the National Energy Regulator of South Africa (Nersa) has seen strong opposition to the proposed 36% Eskom tariff hike. The power utility has applied for a 36% increase for the 2025/2026 financial year. It is also requesting 11 and 9% increases for the two…
Passengers board a South African Airways plane at the Port Elizabeth International Airport in the Eastern Cape province. 1 minute The South African Airways Pilots Association, the National Transport Movement and SAA management are continuing negotiations on outstanding issues. The parties are reported to have agreed on a 9.47% wage settlement this morning. The association…
Shaft 10 exit used by illegal mineworkers to emerge from underground. 2 minutes Illegal miners at Shaft 11 at a mine in Stilfontein in the North West will no longer be provided with food and water at weekends. That’s according to the provincial police spokesperson, Adele Myburgh. The number of illegal miners that are still underground remains unknown….
Bitcoin 5 minutes Bitcoin catapulted above $100 000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly US administration to cement the place of cryptocurrencies in financial markets. Once it broke $100,000 in Thursday’s Asian morning, boosted by US President-elect…
Minister Kgosientsho Ramokgopa speaking at an event. 1 minute Electricity Minister Kgosientsho Ramokgopa has promised to work with ailing municipalities in the country to deal with their debt to Eskom. The minister visited Tokologo Local Municipality in Boshof in the Free State to address municipal debt issues. The municipality owes the power entity R328 million….
A graphic depicting insurance 3 minutes South African Reserve Bank (SARB) Governor Lesetja Kganyago has emphasised that the insurance industry must seek to strengthen societal resilience amid growing environmental and technological insurance related risks. Delegates at the International Association of Insurance Supervisors (IAIS) Annual Conference in Cape Town heard that cyber security and climate change…
