No agreement reached in FlySafair, Solidarity wage impasse

Passengers are seen at FlySafair counters at the O.R. Tambo International Airport. No agreement has been reached in talks between FlySafair and trade union Solidarity which is representing the airline’s pilots. The two parties met at the Commission for Conciliation, Mediation and Arbitration (CCMA) in Centurion, Gauteng yesterday. The union is demanding a 10.5% wage increase however, the employer is offering…

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French giant Canal+ cleared to acquire MultiChoice in R30bn deal

MultiChoice logo is displayed outside the company’s building in Cape Town, South Africa The Competition Commission has welcomed the approval of the proposed merger between the French media company CANAL-Plus and MultiChoice. The Competition Tribunal conditionally approved the over R30 billion deal on Tuesday that could significantly transform the local media landscape. The merger sets…

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Consumer inflation rises to 3% in June

Aerial view of food aisles in a supermarket. Household budgets remain under pressure amid the rising cost of goods as inflation edges up from 2.8% in May to 3.0% in June. Statistics South Africa’s (Stats SA) latest released data shows that consumer inflation rose on the back of higher food prices, which have reached a…

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More infrastructure back online, faster response time: City Power

A substation in Johannesburg. Power utility, City Power says there’ll be fewer unplanned power outages and a more stable, consistent electricity supply for households and businesses. The embattled power utility indicated that with more infrastructure back online, it’ll now be able to respond to faults faster, significantly reducing downtime during power interruptions. City Power spokesperson,…

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African entrepreneurs push for investment shift at G20 Summit

StartUp20 launches meeting for SME development. Concerns are growing about the widening gap between public and private educational institutions. This issue was discussed at the Startup20 Summit, which provides a platform for small businesses to engage with G20 leaders. On the second and final day of the StartUp20 Midterm Engagement, the focus was on how…

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Lanseria loses 20% flights amid FlySafair disruptions

Lanseria International Airport. The Chief Executive Officer of Lanseria International Airport, Rampa Rammopo, states that over 20% of their commercial passenger services are currently not operating, which will impact their bottom line, as FlySafair is the only airline operator at Lanseria. This, as FlySafair’s pilot strike enters a second day with more flight cancellations. On…

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Govt shifts to local FMD vaccine production after spending R72m

South Africa has spent over R72 million on about 900 000 doses of vaccines for the Foot and Mouth disease outbreak since March this year. The government is now prioritising measures to manufacture locally produced FMD vaccines to respond quicker to outbreaks and prevent economic devastation for many agricultural stakeholders. Various stakeholders, led by the…

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