People seen in at the Airport. 1 minute The Ekurhuleni local municipality has confirmed that a tree fell on an Eskom overhead power line, which led to a temporary power outage that affected OR Tambo International Airport. According to the Airports Company of South Africa (ACSA), the power disruption happened on Thursday evening just after…
CWP workers. 2 minutes The Congress of South African Trade Unions (Cosatu) has warned that the termination of the Community Work Programme (CWP) contracts will lead to an escalation in poverty. Cooperative Governance and Traditional Affairs Minister Velenkosini Hlabisa recently announced that contracts of people aged 55 and above would be terminated due to issues…
2 minutes Civic movement Save South Africa says Cooperative Governance and Traditional Affairs Minister Velenkosini Hlabisa should reconsider the retrenchment of workers aged 55 and above. Recently, the department announced that it would terminate Community Work Programme (CWP) contracts for people aged 55 and older due to some issues including budget cuts. The CWP is…
A picture of SA money. 1 minute Econometrix Director and Chief Economist Dr Azar Jammine believes the year 2025 holds better prospects for South Africa. However, he says there are still downside risks that could hinder economic growth in the new year. This follows the weakening of the Rand and the increase in petrol prices…
Mahikeng Airport terminal in North West (2016). 2 minutes Public logistics infrastructure in the North West is in a critical state, says Consulting Engineers South Africa (CESA). According to CESA, functional transportation systems including much-needed upgrades to roads, railways and airports are needed to position the agriculture and mining-dependent province as an import and export…
Nigerian money 1 minute Nigeria will establish a national credit guarantee company in May to lend to businesses and individuals, President Bola Tinubu said in an speech on Wednesday. Tinubu, who took office in May 2023, campaigned on economic reforms including expanding credit access to boost economic growth. “To achieve this, the federal government will…
Shaft 11 of a disused mine at Stilfontein. 2 minutes North West police say more illegal miners are continuing to emerge from underground at different disused shafts in Stilfontein. Government says it needs R7.8 million to bring all the illegal miners to the surface. Several illegal miners have been arrested so far. Spokesperson Adele Myburgh says officers have arrested 12 of them since Monday….
South African rands. 1 minute The rand has begun the new year on a slightly higher note, after a turbulent close to 2024. Trade in the local currency was erratic in November and December last year. This after Donald Trump’s re-election as President of the United States of America, due to a more hawkish view…
Person stands next to a MTN sign 1 minute MTN Uganda, the east African country’s largest telecoms company, said on Tuesday it had secured a 370 billion shilling ($100 million) syndicated loan to help fund network expansion. The firm, which boasts a mobile subscription of about 21 million people, is a local unit of South…
File image: Koeberg Nuclear Power Station in Cape Town. 1 minute Eskom has successfully synchronised Unit 2 of the Koeberg Nuclear Power Station in Cape Town to the national grid. This follows a maintenance programme which will increase the unit’s lifespan by 20 years. The power utility says in a statement that the unit will…
