Signage seen at an Ithala Bank branch. 1 minute The MEC for Economic Development, Tourism and Environmental Affairs in KwaZulu-Natal, Reverend Musa Zondi says a regulatory technicality should not stand in the way of saving iThala from collapse. Zondi took part in a debate in the National Council of Provinces. Founded in 1958, the aim…
The Mineral Resources Department earlier announced an increase of R1,21 cents a litre for petrol with diesel increasing by R1, 48 cents a litre. 2 minutes Companies in the fuel industry that are selling contaminated diesel or petrol must be shut down by the government, according to the chairperson of the Portfolio Committee on Mineral…
Public Works Minister Dean Macpherson. 2 minutes Lobby group Black Forum South Africa has threatened to take Public Works Minister Dean Macpherson to court if he proceeds with the appointment of five new board members to the Independent Development Trust (IDT). The forum says the appointment of the five was flawed and has demanded that…
1 minute The Western Cape Minister of Finance, Deidré Baartman, is tabling the 2025/26 Provincial Budget today. The provincial budget is tabled amid significant fiscal constraints, as national finances remain limited. LIVE STREAM:
Pension jar 2 minutes The Auditor General’s office with the assistance of some pension fund administrators have embarked on an investigation to hold senior municipal officials who have contravened Section 38 of the workers pension fund act accountable. About 100 municipalities across the country were found to have violated the act. Most of them allegedly…
Electricity Minister Kgosientsho Ramokgopa speaking at the 60th anniversary of the country’s first nuclear reactor SAFARI 1 on 25 March 2025. 1 minute Electricity Minister Kgosientsho Ramokgopa says the country will need more than R60 billion to bolster its nuclear program at the South African Nuclear Energy Corporation. He says an initial investment of R1.2…
Workers assemble a vehicle as operations begin after flooding in April shut down the Toyota South Africa Motors plant in Durban on August 16, 2022. 2 minutes Business and labour are concerned about the impact the loss of the Africa Growth and Opportunity Act (AGOA) could have on the automotive sector. They convened for the…
A customer looks at a till receipt. 2 minutes A study by local payment-clearing house, BankServ Africa, shows that the slowdown in inflation has boosted salary earners’ buying power. It shows that Real Take-Home Pay, adjusted for inflation, increased by 0,9% on a monthly basis in February. The BankServ Africa Take-home Pay Index (BTPI) tracks…
Sabric says scammers are using deep fake videos. 1 minute The South African Banking Risk Information Centre (Sabric) has noted a rise in scammers using sophisticated artificial intelligence (AI) duping many into losing millions of rands. It says South Africans are being targeted by AI-driven scams where fraudsters impersonate bank officials, create fake applications and manipulate social…
[File photo] 1 minute President Cyril Ramaphosa has affirmed his support for more stakeholder engagements on the new regulations banning the production, import and sale of any foods containing cannabis and hemp products. This is after the Health Department gazetted a notice earlier in the month prohibiting the selling, manufacturing and importing of cannabis food…
