A logo is seen on the roof of the ArcelorMittal building. 1 minute Trade, Industry and Competition Minister Parks Tau says government has met with the Mittal family, the majority owners of ArcelorMittal. Tau says this happened on the sidelines of the World Economic Forum in Davos. The meeting forms part of government’s efforts to…
Police seen at Shaft 11 in Stilfontein, North West. 1 minute Minister of Mineral and Petroleum Resources Gwede Mantashe says illegal mining is a war on the economy. He was speaking during a media briefing in Pretoria, on the Mines Health and Safety statistics for 2024. Over 1 900 illegal miners were retrieved from a…
File image: A person holding South African rand notes and coins. 1 minute The Institute of Race Relations (IRR) has called on the National Minimum Wage Commission to re-adjust the current figure to save jobs. The national minimum wage stands at R27.58. The IRR says the increase has led to a staggering 230 000 job…
President Cyril Ramaphosa wrapping up his participation at the World Economic Forum in Davos, Switzerland 2 minutes South Africa has had the opportunity to brief world leaders at the World Economic Forum (WEF) in Davos, Switzerland about the country’s G20 presidency. President Cyril Ramaphosa was briefing the media after he wrapped up his participation at…
Shares of Netflix soared 13%. 3 minutes Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players. The company also unveiled price hikes on Tuesday in markets…
President Cyril Ramaphosa delivers a Special Address to the World Economic Forum to advance South Africa’s G20 Presidency at the Congress Centre, in Davos-Klosters, Switzerland, January 21, 2025. 1 minute President Cyril Ramaphosa has assured world leaders at the World Economic Forum (WEF) in Davos, Switzerland, that South Africa is an attractive investment destination. Ramaphosa…
President Cyril Ramaphosa addressing world leaders gathered for the World Economic Forum at Davos, Switzerland 3 minutes President Cyril Ramaphosa has urged nations to work together to tackle a multitude of challenges facing the global economy, highlighting rising debt and climate change impacts as burning issues. He was giving a special address to the World…
London Stock Exchange 2 minutes The main UK stock indexes rose on Tuesday, with a weaker sterling helping keep the FTSE 100 near all-time highs, while upbeat earnings from companies including Abrdn and Premier Foods boosted the midcap index. The blue-chip FTSE 100 closed up 0.3%, trading just below its intraday record high of 8548.59…
2 minutes The Airports Company South Africa has emphasized the urgent need to address the issue of security of fuel supply in the country. ACSA has been engaged in talks with various stakeholders since announcing this week that it has just over seven days left of jet fuel reserves. It comes after a fire at…
Office of the Department of Trade, Industry and Competition. 2 minutes The Democratic Alliance (DA) has criticized Department of Trade, Industry and Competition (DTIC) Minister Parks Tau’s proposal to establish a R100 billion Transformation Fund aimed at supporting black-owned businesses. The DA has described the move as a unilateral and irresponsible policy decision that undermines…
