Electricity pylons President of the Minerals Council South Africa Paul Dunne has argued that the high cost of electricity is eroding the competitive advantage of the local mining industry. He says deregulating the electricity grid to allow for the participation of more grid suppliers will help to cut the cost of energy. Addressing delegates at…
Two glass bottles illustrating the two-pot retirement system. The Government Employees Pension Fund (GEPF) is temporarily suspending two-pot savings withdrawals from its system for two weeks, from the 7th of October to the 21st of October. The Fund via a statement says the pause is necessary to allow it to update its systems, citing the…
International Monetary Fund (IMF) Managing Director Kristalina Georgieva delivers remarks ahead of the annual IMF-World Bank fall meetings The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting only a slight slowing of global growth this year and in…
The City of Tshwane has announced the establishment of a subcommittee to address properties with old leases that have been left unattended. This follows the discovery of properties that have either not paid for essential services or have paid less due to their lease agreements, which do not reflect the current service rates. A recent…
SIU’s operation at a Sandhurst home connected to Tembisa Hospital Capture investigation The Special Investigating Unit has raided a luxury property in Sandhurst, Sandton, linked to an unnamed tycoon implicated in the massive looting scandal at Tembisa Hospital on the East Rand. The raid follows revelations in the SIU’s interim report, which uncovered over R2…
US bank note. The Common Market for Eastern and Southern Africa (COMESA) has launched a digital payments system to cut transaction costs by allowing businesses to settle deals in local currencies, it said on Thursday. COMESA, which has 21 member states including Egypt, Kenya and Ethiopia, joins efforts by the African continent to push for…
(File Image) A health officer checks a cattle in a farm to measure against foot-and-mouth disease. The Agriculture and Rural Development Department has confirmed new cases of Foot-and-Mouth Disease in the Free State. This brings the total number of infections in the province to 42. Outbreaks have been reported in seven towns, including Kroonstad, Viljoenskroon…
MyCiti bus The City of Cape Town says it subsidises the MyCiti bus service with 4.2% of property rates revenue each year as approved by council and that it is required to make a rates contribution in order to qualify for the Public Transport Network Grant from the national government. The municipality is currently busy…
FIKE: Samwu members marching to Tshwane House, demanding the reinstatement of unfairly dismissed workers, August 2025. The trade union South African Municipal Workers’ Union (SAMWU) has threatened to disrupt the G20 Summit in Johannesburg next month if the City of Tshwane’s issues are not resolved. The union is demanding the implementation of salary increases that were agreed upon with…
[FILE PHOTO]: A 3D-printed miniature model of U.S. President Donald Trump, US Flag and word “Tariffs” US President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China, curbing its critical mineral exports. The president…
