DA in Limpopo raise concerns about debt owed to municipalities

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…

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FlySafaira and cabin crew start mediation process

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…

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Fuel prices to drop across the board from midnight

An attendant fills fuel into a car. Fuel prices will decrease across the board with effect from midnight. The Mineral Resources and Petroleum Department says the price of both grades of petrol will go down by 51 cents, diesel by between 19 cents and 21 cents respectively, while illuminating paraffin by 1 cent at the…

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FlySafair cabin crew strike over pay and work schedules

FlySafair plane seen at an airport FlySafair cabin crew have downed tools. The striking workers that the South African Cabin Crew Association represents are demanding higher wages and the revision of the roster. FlySafair says it does not anticipate any disruptions to its flight schedule. The airline also says that more than two-thirds of its…

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Seoul Summits conclude with focus on AI, advanced industries

Dr Tae Hyung Kim Commissioner of Invest Korea. At the close of the Invest Korea Summit in Seoul and the APEC CEO Summit in Gyeongju, Korea reaffirmed its strong commitment to innovation — not only in artificial intelligence (AI) and advanced industries,  but in building sustainable, future-ready partnerships. Invest Korea Summit was held as part…

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Strike action looming in the automotive sector

Strike action is looming in the automotive sector. The National Union of Metalworkers of South Africa (Numsa) has confirmed that it’s now in possession of a strike certificate after rejecting an employer offer of 7% in the first year and 5,5% in the other years of a multi-year agreement. The union was briefing the media…

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ECB keeps rates unchanged as economy holds up for now

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany The European Central Bank kept interest rates unchanged at 2% for the third meeting in a row on Thursday and repeated that policy was in a “good place” as economic risks recede and the euro zone shows continued resilience in the face…

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Num demands 15% salary increase for Eskom employees

An Eskom logo is seen at the entrance of their head offices in Sunninghill, Sandton. The National Union of Mineworkers (Num) has kicked off wage negotiations at Eskom with a 15% salary increase demand for its members. Other demands include a housing benefit of R7 000 a month and the company’s medical aid contribution of…

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