[File photo] Tesla Chief Executive Officer Elon Musk gets in a Tesla car Businessman Elon Musk has clinched the largest corporate pay award in history. This after shareholders of Musk’s electric car company Tesla approved his record-breaking one-trillion-dollar or more than R17 trillion pay package. Musk, who is also CEO of SpaceX and xAI, threatened…
Nkosana Makate , ‘Please Call Me’ originator speaking to SABC News Analysts have estimated that the out-of-court settlement between Vodacom and ‘Please Call Me’ originator Nkosana Makate is likely to be less than 1% of the group’s annual revenue. The mobile operator announced on Wednesday that the matter had been settled after 18 years of…
A FlySafair aircraft. Salary negotiations resumed on Thursday between FlySafair and the SA Cabin Crew Association (SACCA) under the mediation of the CCMA. The union represents 65% of the airline’s 800 cabin crew staff. Those members have been locked out by the airline. SACCA has threatened to strike, with the union’s president saying it…
President Cyril Ramaphosa speaking at a government event. President Cyril Ramaphosa says growing inequality across the world is deepening social divides and threatening global stability. Speaking at the International Women’s Forum in Cape Town on Thursday, Ramaphosa revealed that a new G20 report has sounded the alarm on what he called an “inequality emergency.” He…
An Airlink aircraft. Airlink has announced that it has suspended its daily flights between Johannesburg’s OR Tambo International Airport and Maseru, Lesotho. It says this is due to what it describes as a lack of serviceable fire and rescue equipment at Moshoeshoe International Airport. It says normal services will only resume once the airport operator…
‘Please Call Me’ inventor, Nkosana Makate Vodacom has released a statement to shareholders on Wednesday indicating that it has reached an out-of-court settlement in the “Please Call Me” matter with Nkosana Makate. It says the Board approved a settlement agreement and that it has been accounted for in the Group’s interim results for the six-month…
A protester holds a placard which reads “Shein, no way. Stop fast fashion” during a protest against the opening of the first physical space of Chinese online fast-fashion retailer Shein at the Le BHV Marais department store, the Bazar de l’Hotel Protesters bearing “Shame on Shein” placards gathered outside a Paris department store on Wednesday,…
The DA Flag. The Democratic Alliance in Limpopo says it’s concerned that the municipalities are owed more than R1.2 billion by state-owned entities, as well as national and provincial government departments. The party says the amount is for both property rates and municipal services. The DA says this is hampering the municipality’s ability to deliver…
FlySafair plane on a run way The South African Cabin Crew Association (SACCA) will approach the CCMA for a certificate to strike at FlySafair. This as a last-ditch attempt to avert strike action over wages at the company, failed to yield positive results. The parties met following the move by the employer to lock out…
A FlySafair aircraft. Budget airline FlySafair and its cabin crew will start a mediation process in a bid to resolve a wage negotiation impasse. Parties remain at odds after wage talks broke down, leading to a lockout of certain staff. The airline offered a 5.7% increase and 7.5% annual bonus, but the South African Cabin…
