LIVE: Government media briefing ahead of WEF Annual Meeting
1 minute The South African government briefs the media ahead of the World Economic (WEF) Forum Annual Meeting. Live proceedings below:
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Numsa embarks on strike at Bidvest amid job cuts
[FILE] Numsa members on strike. 2 minutes The National Union of Metalworkers of South Africa (Numsa) has embarked on an indefinite strike at the Bidvest SA Container Depot in Durban over the retrenchment of 106 members. The strike follows failed Section-189 consultations between the Numsa and Bidvest which started soon after the notice was served to the…
Dollar near 2-year high after rate-cut bets fade, tariffs in focus
FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo 4 minutes The dollar hovered near its highest level in more than two years on Tuesday as traders scaled back bets on U.S. Rate cuts in 2025 after strong economic data, while investor…
US lawmakers ask Biden to extend Tiktok ban deadline
TikTop app 2 minutes Two Democratic lawmakers on Monday urged Congress and President Joe Biden to extend the Jan. 19 deadline for China-based ByteDance to sell the US assets of TikTok or face a US ban. The Supreme Court held arguments Friday on Tiktok and ByteDance’s challenge to the law. A lawyer for the companies,…
Police, Energy Ministries to visit Stilfontein on Tuesday
1 minute Twenty-six illegal mineworkers were retrieved from a disused mine shaft in Stilfontein, North West, during the first day of the official rescue operations. According to Mametlwe Sebei representing Lawyers for Human Rights, two bodies were also brought up from underground. Meanwhile, the Ministries of Police and Mineral Resources and Energy are expected to…
National Treasury, Reserve Bank to host G20 technical conference
Delegates at the G20 Finance and Central Bank Deputies meeting, December 12, 2024. 1 minute National Treasury and the Reserve Bank will jointly host a two-day technical meeting under the Group of 20 Finance Track. The Framework Working Group meeting will take place virtually starting today. Participants will mainly include officials from finance ministries and…
Public sector wage increase negotiations resume
Person holds SA money 1 minute Public sector wage negotiations have resumed with a new wage increase offer of 5% percent from government. Workers are engaged in negotiations at the Public Service Co-ordinating Bargaining Council ahead of the 2025/26 financial year. The workers’ demands have been revised down several times, from an initial 12% to…
Bank card users warned against increase in tap and go fraud
Person transacts with a card machine 1 minute The National Financial Ombud Scheme has asked bank card users to be vigilant as fraudsters may try to use the tap-and-go function on cards and phones to make unauthorized transactions. This as the Scheme has sent out a warning following a spike in fraudulent transactions due to…
More still needs to be done to pull many out of poverty: Ndou
ANC supporters carrying the party’s flags 3 minutes While the African National Congress (ANC)’s economic policies have gone some way to transform the local economy, more still need to be done to pull many out of poverty. That’s according to Dr Levy Ndou of the Tshwane University of Technology, speaking to SABC News. Ndou says…
Albany workers demand jobs back after reapplication issue
Bread slices 2 minutes Disgruntled employees of Albany in Virginia in the Free State are demanding their jobs back after they did not re-apply for their jobs as required by the end of December last year. The workers whose service ranges from 10 to 25 years claim poor communication from labour brokers which led to…