Latest

ATM calls for closure of all spaza shops

A police officer is pictured inside a spaza shop during a compliance visit. 3 minutes The African Transformation Movement (ATM)  is calling for government to close all spaza shops and revitalise the citizen-run township economy to ensure economic stability and security. The party says in light of the recent declaration of a national disaster due…

Read More

Policing union rejects 4.7% public sector wage offer

Police visibility at the Stilfontein mine area 1 minute The South African Policing Union (SAPU) says its members have rejected government’s proposed 4.7% wage offer for public services. The union has just concluded its mandate-seeking process. It will officially inform government this coming week during which it and other public sectors unions are seeking to…

Read More

Ramaphosa encourages spaza shop owners to register their businesses

President Cyril Ramaphosa. 1 minute President Cyril Ramaphosa says the recent spate of incidents of suspected food poisoning linked to spaza shops and informal traders has brought issues of health and safety regulations into sharp focus. He has encouraged small entrepreneurs to register their businesses within a prescribed timeframe. Ramaphosa says the registration will legitimise…

Read More

Pension payment defaults amount to over R5 bln: FSCA

Person holds a piggybank 3 minutes The Financial Sector Conduct Authority (FSCA) has sounded the alarm on the social and economic consequences of overdue pension fund contributions. The FSCA says arrear contributions affect the retirement savings outcomes of 310 000 members. Outstanding contributions are sitting at R5.2 billion, of which R1.4 billion is owed by…

Read More

All prepaid meters in Joburg recoded: City Power

An Eskom prepaid electricity meter box. 1 minute Johannesburg’s City Power says all its vending prepaid customers had their meters recoded ahead of last night’s deadline. The power utility says its teams will be on the ground from today assisting customers with replacing and installing new meters. City Power says it has already pre-generated key…

Read More

Bitcoin at record highs, sets sights on $100 000

FILE PHOTO: Bitcoin tokens and a price chart are seen in this illustration picture 3 minutes Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100 000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration….

Read More