Transport Minister Barbara Creecy 3 minutes The Minister of Transport Barbara Creecy says the new ship-to-shore crane at the Port Elizabeth container terminal will enhance operational efficiency and competitiveness in an increasingly interconnected global economy. Creecy was speaking during the launch of the crane, which is part of a R3 billion fleet renewal programme investment,…
A Transnet locomotive seen on a track. 2 minutes Job security is one of the main issues dividing Transnet management and the United National Transport Union (Untu). The two parties met on Monday morning to resolve their wage dispute under facilitation by the Commission for Conciliation, Mediation and Arbitration (CCMA). Untu, a majority union at…
Matla Power Station in Mpumalanga. 2 minutes Eskom is conducting high levels of planned maintenance in anticipation for high demand for the coming winter season. According to a statement released on Friday, 11 April, the power utility says 14.85% of its generating capacity is offline for planned maintenance. “The high level of planned maintenance aims…
President Cyril Ramaphosa. 2 minutes President Cyril Ramaphosa says South Africa is looking at strengthening various trade opportunities on the continent amid the escalating global trade war. In his weekly letter to the nation, Ramaphosa says South Africa will continue to pursue relationships that serve its national interest, as uncertainty grows over future trade relations…
[File image] 4 minutes The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s reserve currency remained in question following a stream of tariff-related pronouncements from US President Donald Trump. Investors braced for another volatile week as Trump’s imposition and then abrupt postponement of tariffs on…
FILE PHOTO: The Foxconn logo is seen on a glass door at its office building in Taipei, Taiwan 2 minutes Shares in Asian tech companies that are major suppliers to companies like Apple rose on Monday after the US government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from…
A shopper looks at grocery items in Johannesburg, South Africa, June 17, 2020. 2 minutes South Africans are having to cut back on food to keep the lights on. This is according to the chief legal officer at Debt Rescue South Africa, Annaline van der Poel. Van der Poel says these were the findings of…
Eskom logo 1 minute Minister of Electricity and Energy Dr. Kgosientsho Ramokgopa says Eskom will reduce its scheduled maintenance during winter to meet higher electricity demand. In a written reply to Parliament, Ramokgopa explained that planned maintenance is typically scaled back in winter to ensure maximum capacity, particularly during peak morning and evening hours. He…
PRASA railway. 2 minutes The Commission for Conciliation, Mediation and Arbitration (CCMA) has given the Passenger Rail Agency (Prasa) 60 days to present a wage offer to the workers. Currently, the employer has refused to present any salary offer due to financial challenges. This prompted labour unions Satawu and UNTU to take the employer to…
Petrol nozzle 2 minutes Analysts have warned that the current rand weakness could cancel out potential fuel price cuts in May. According to unaudited mid-month fuel price data from the Central Energy Fund, both grades of petrol could decrease by between 9 and 13.5 cents. This while diesel prices are set for a larger reduction…
