200 Barberton mine workers dispute retrenchments

Workers inside a mine 1 minute More than 200 mine workers who have been retrenched by the Barberton Mines in Mpumalanga say the retrenchment process was unfair. They claim most of the retrenched employees are locals who have been working for the mining company for many years. They say most of the workers, who were…

Read More

Pandor calls on insurance bodies to engage with global leaders

Former Minister of International Relations and Cooperation, Dr Naledi Pandor. 2 minutes Insurance bodies worldwide must engage with global leaders to bring about stability in an increasingly unstable and risky world. That’s according to former Minister of International Relations and the Nelson Mandela Foundation board chairperson, Dr Naledi Pandor. Pandor was speaking at the International…

Read More

Africa Youth Tourism Innovation Summit heads to Joburg

Tourism experts during one of the sessions at the Africa Tourism Leadership Forum in Gaborone, Botswana. 2 minutes South Africa is set to take centre stage in continental tourism dialogue as Johannesburg prepares to host the 7th Africa Youth in Tourism Innovation Summit and Challenge during the country’s annual Youth Month celebrations. In a statement,…

Read More

SABC needs billions to fund public mandate: CEO

SABC TV Park building in Auckland Park, Johannesburg. 5 minutes The South African Broadcasting Corporation (SABC) says it needs about R7.5 billion to fund costs related to its unfunded public mandate. The organisation was updating Standing Committee on Public Accounts (SCOPA) on its audit outcomes and financial performance. The management of the SABC and the…

Read More

KZN govt to challenge any attempt by SARB to take over Ithala Bank

One of Ithala Bank branches. 2 minutes KwaZulu-Natal (KZN) Premier Thamsanqa Ntuli says the provincial government will continue to legally challenge any attempts by the Reserve Bank’s prudential authority to take over operations of Ithala Bank. Ntuli says the provincial government welcomes the judgment by the High Court in Pietermaritzburg which barred the Repayment Administrator…

Read More

CEF hands over assets, R5 bln to new petroleum company

SANPC stakeholders 2 minutes The Central Energy Fund (CEF) has handed over leased assets and R5 billion in funding to operationalize the newly established South African National Petroleum Company (SANPC). Three of the CEF Group subsidiaries including iGas, the Strategic Fuel Fund and PetroSA have been merged to form the SANPC in a process which…

Read More