Concentrix South Africa empowers youth South Africa’s youth unemployment crisis continues to deepen, with a staggering 62.4% of those aged 15 to 24 now without work. But amidst these grim figures, a story of hope is emerging from the private sector. Concentrix South Africa is making a tangible difference through its skills development and leadership…
Workers striking The SA Municipal Workers Union (SAMWU) in the North West has threatened strike action at the Rustenburg Local Municipality, should the municipality fail to upgrade salaries of their members to grade 7. SAMWU demands that the municipality implement the 2010 council resolutions that directed that workers’ salaries, currently at grade 5, to be…
Gautrain A looming major strike is threatening to disrupt Gautrain services, as the National Union of Metalworkers of South Africa (NUMSA) secures a strike certificate following the collapse of wage talks with the Bombela Operating Company. Workers are demanding a 7% wage hike and improved allowances, citing rising living costs. NUMSA accuses management of arrogance,…
Fuel prices have increased at midnight, leaving motorists to pay more at the pumps. The cost of 93 octane petrol prices increased by between 55 cents and 52 cents a litre, depending on the grade. Diesel increased by between 82 cents and 84 cents per litre, depending on the grade, while the price of paraffin…
Customers queue to draw money from an ATM outside a branch of South Africa’s Capitec Bank in Cape Town, South Africa March 15, 2016. Capitec CEO Gerrie Fourie has spent over 11 years at the helm of the bank and has grown the finance house dramatically in that time. The customer base of 5 million…
Metal workers working in a manufacturing plant. The manufacturing sector continues to show signs of strain. According to the ABSA Purchasing Manager’s Index, headline PMI contracted for the eighth consecutive month. The index, which measures the health of the sector, increased by 5.4 points to 48.5 index points in June. However, the data suggests that local demand conditions…
[File image] The dollar wobbled on Thursday after a trade agreement between the United States and Vietnam fuelled optimism over potential future deals ahead of a July 9 tariff deadline, while investors looked to payrolls to assess the Federal Reserve’s next steps. Sterling firmed slightly after a sharp drop the previous session as British Prime…
A service station. Motorists can expect to pay more at the pump with fuel prices set to increase from midnight. The Department of Minerals and Petroleum Resources has announced that the price of petrol will increase by between 52 cents and 55 cents a litre, depending on the grade. Diesel will increase by between 82…
The headquarters of the African Development Bank (AfDB) pictured in Abidjan, Ivory Coast The African Development Bank (AfDB) has approved a loan worth over $470 million (R8.26 billion) for South Africa’s Infrastructure Governance and Green Growth Programme. The bank says this is an important step in the country’s transition toward a sustainable and low carbon…
FILE PHOTO: Vehicles wait to be exported at the dock of the car terminal at the port of Durban, South Africa, April 10, 2025 South Africa has asked for more time to negotiate a trade deal with US President Donald Trump’s administration before his higher tariff regime goes into effect on July 9, the Department…
