Job seekers wait beside a road for casual work 2 minutes Economist Andre Roux has attributed the high unemployment rate of 32,9% to the poorly performing economy, among other things. Professor Roux says another contributory factor could be that some businesses are now resorting to using machinery and robotic methods instead of relying on manual…
Transnet freight train. 1 minute Transport Minister Barbara Creecy says government has received overwhelming responses from the private sector invited to invest in the country’s rail infrastructure. In March, Creecy launched an online request for proposals from the private sector. The minister delivered the keynote address at the 25th Africa Rail Conference in Sandton, Johannesburg….
South Africa continues to grapple with Stage 2 rolling blackouts. 1 minute Eskom has announced that it will be implementing stage two power cuts from 4pm this afternoon until 10pm on Thursday evening. The power utility says the decision is due to a delay in the return of generation units, as well as a couple…
1 minute Electricity and Energy Minister, Kgosientsho Ramokgopa, updates the media in Pretoria on the status of South Africa’s electricity generation performance. Live proceedings below:
File image: Transnet terminals at Richards Bay Port in KwaZulu-Natal. 2 minutes Transnet says the entity’s turnaround will largely rely on its engineering division as an original equipment manufacturer. The entity held a stakeholder ceremony to outline its engineering strategy and boost its brand visibility. Transnet will soon launch a rolling stock leasing company called…
An Eskom Open-Cycle Gas Turbine generator 1 minute The latest data from Eskom shows that the power utility spent an estimated R208 million between 04 May (Sunday) and 10 May (Saturday) on diesel. According to Eskom’s latest statement on Friday 9 May, the power utility has spent R2.43 billion on diesel fuel for their open…
A view of the ICC in Durban during Africa’s Travel Indaba in Durban 2 minutes Exhibitors from across the globe say they are excited and ready for the start of this year’s edition of Africa’s Travel Indaba in Durban. Over 1 300 exhibitors are expected to participate in the three-day summit held at the Inkosi…
A container ship docked at a port 2 minutes President Cyril Ramaphosa has urged the private sector to engage with the African Continental Free Trade Area (AfCFTA). The trade agreement aims to accelerate trade across the continent and strengthen its position in the global market. Speaking at the Africa CEO Forum in Abidjan, Ivory Coast,…
[File photo] People who lost their jobs wait in line to file for unemployment benefits, following an outbreak of the coronavirus disease (COVID-19), at Arkansas Workforce Center in Fort Smith, Arkansas, US. 1 minute South Africa’s official unemployment rate increased by one percentage point to 32.9% in the first quarter of 2025. This is according…
View from the top of the “Chamber of Mines” building in the central business district of Johannesburg, Gauteng, November 15, 2017. 2 minutes The Gauteng Provincial Government has reported an underspending of R1.8 billion at the end of the 2024/25 financial year. The Departments of Health and Education accounted for 58% of the unspent funds,…
