A flySafair plane seen at airport. 1 minute Low-cost airline FlySafair could find its operations grounded if its parent company Safair, fails to reduce its foreign shareholding within a year. The Domestic Air Services Council has found that Safair is not fully compliant with the foreign ownership limits outlined in the Air Services Licensing Act….
1 minute Harmony Gold Mining Company says five people lost their lives in two separate incidents yesterday. Two employees lost their lives following a mining incident at Doornkop Mine in Soweto. All blasting operations have been temporarily suspended at the mine. In a separate incident, three employees succumbed to their injuries following a severe fall-of-ground incident…
1 minute The Public Servants Association (PSA) in KwaZulu-Natal has welcomed the Special Investigating Unit (SIU) probe into alleged maladministration at the Ithala Development Finance Corporation. This follows a Prudential Authority report that found Ithala to be technically and legally insolvent, putting over 200 000 depositors at risk of losing their funds. KwaZulu-Natal PSA Provincial…
Table Mountain and the sea 3 minutes The Oceans economy is expected to come under the spotlight during President Cyril Ramaphosa’s State of the Nation Address (SONA) this week. And Underwater Radiated Noise is a growing, yet silent disruptor of marine ecosystems. Maritime authorities are working on plans that are aimed at striking a balance…
African penguin near Boulder’s Beach 3 minutes The current tourist season in Cape Town is booming, with 226 international flights from 31 destinations landing every week. This, according to Cape Town, is a culmination of years of work to promote the Mother City as a globally connected destination. Wesgro, the official tourism, trade and investment…
[FILE] NAAMSA records third consecutive decline in new vehicle sales. 2 minutes Vehicle sales in South Africa increased by 10.4% in January compared to the same period last year, according to the National Association of Automotive Manufacturers (Naamsa). Naamsa also reported a rise in vehicle exports, with an increase of nearly 6 025 units compared…
Minister Gwede Mantashe addressing the Mining Indaba in Cape Town. 4 minutes Minister of Minerals and Petroleum Resources Gwede Mantashe says Africa must use its rich mineral endowment as leverage against the United States and not fear the threats made. Mantashe was speaking at the 31st Invest in African Mining Indaba taking place this week…
1 minute Non-profit organization Save South Africa has called for concrete solutions to address the country’s high unemployment rate, which officially stands at 32.1 percent, with youth unemployment at 45.5 percent in the third quarter of 2024. The call comes as anticipation builds up for President Cyril Ramaphosa’s 2025 State of the Nation Address (SONA)…
Minerals Council South Africa has launched a National Day of Safety and Health in mining. 1 minute The Minerals Council of South Africa says there has been a steady decline in mining fatalities over the past few years. The Council says about 40 deaths were recorded in the sector last year, compared to more than…
South African rand notes. 2 minutes The rand, stocks and government bonds slumped on Monday following United States (US) President Donald Trump’s comment on how he would cut off funding for South Africa. This morning, the rand traded at R18.89 against the US dollar, about 1% weaker than its closing level on Friday. On Sunday,…
