1 minute Non-profit organization Save South Africa has called for concrete solutions to address the country’s high unemployment rate, which officially stands at 32.1 percent, with youth unemployment at 45.5 percent in the third quarter of 2024. The call comes as anticipation builds up for President Cyril Ramaphosa’s 2025 State of the Nation Address (SONA)…
Minerals Council South Africa has launched a National Day of Safety and Health in mining. 1 minute The Minerals Council of South Africa says there has been a steady decline in mining fatalities over the past few years. The Council says about 40 deaths were recorded in the sector last year, compared to more than…
South African rand notes. 2 minutes The rand, stocks and government bonds slumped on Monday following United States (US) President Donald Trump’s comment on how he would cut off funding for South Africa. This morning, the rand traded at R18.89 against the US dollar, about 1% weaker than its closing level on Friday. On Sunday,…
1 minute Motorists will have to dig deeper from Wednesday as the price of petrol and diesel are anticipated to rise substantially. The data from the Central Energy Fund points to a petrol price increase of between 75 cents and 81 cents per litre. This is while diesel prices are expected to jump by around 89…
Mineral and Petroleum Resources Minister, Gwede Mantashe at the Investing in Africa Mining Indaba in Cape Town on February 3, 2025. 1 minute Mineral and Petroleum Resources Minister, Gwede Mantashe is representing President Cyril Ramaphosa at the Investing in Africa Mining Indaba under way in Cape Town on Monday. The Presidency says this follows a…
File image: Post Office worker assists customer. 1 minute Parliament’s portfolio committee on communications and digital technologies has called for the dismissal of the business rescue practitioners overseeing the South African Post Office (SAPO) business rescue. The committee is frustrated that the practitioner has not developed a viable plan to restore the struggling entity’s financial…
File image: US flag with the Statue of Liberty in the background. 1 minute The South Africa Chamber of Commerce in the United States (SACCUSA) has expressed deep concern over the possible impact on SA businesses after United States President Donald Trump threatened to cut America’s funding to the country. Trump posted to his Truth…
Canola plants blossom in a field beneath electricity pylons 1 minute Power utility Eskom has suspended loadshedding as of 6am Sunday morning. #PowerUpdate Sunday, 02 February 2025: Due to the sufficient replenishment of emergency reserves, loadshedding was suspended today at 6:00 in the morning. Eskom will provide updates if any significant changes occur. — Eskom…
Cape Town at night 2 minutes The City of Cape Town has activated a protection plan against loadshedding following the news of its return. Eskom announced the implementation of Stage 3 loadshedding this weekend after about 10 months of non-interrupted power supply countrywide. Mayor Geordin Hill-Lewis says they will continue building energy security through independent…
A truck travels to a depth of 516 metres below the surface to collect ore at the Chibuluma copper mine in the Zambian copperbelt region. 2 minutes Africa’s biggest copper producers, the Democratic Republic of Congo and Zambia, are working on deals to gain exposure to metal trading as a demand surge linked to artificial…
