FlySafair pilots to go on strike on Monday

Flysafair plane seen in the air. More than 200 FlySafair pilots are set to embark on a two-week strike starting from Monday. Trade union Solidarity says this comes after the employer was given a notice to strike following a deadlock in wage negotiations. The union has rejected the airline’s 5.7% proposed salary increase. It’s demanding…

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Over 70 EC learners rushed to hospital for suspected food poisoning

[FILE] School children having lunch. Over seventy learners from Gobisizwe Agricultural School in Ngqeleni in the Eastern Cape have been rushed to hospital due to food poisoning. Provincial Health Spokesperson, Siyanda Manana, says the learners were admitted to Nelson Mandela Academic Hospital, Mthatha Regional Hospital and Ngangelizwe Community Healthcare. Manana says some learners are on…

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Manufacturing production declines by 0.8% on annual basis

Volkswagen employee works on a production line for the Golf VIII and Tiguan cars. 1 minute Manufacturing production in South Africa has declined by 0,8% on an annual basis in September for a second consecutive month. The data released by Stats SA showed that on a monthly basis, manufacturing production was flat in September compared…

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IAB Online AdSpend Report: SA’s digital ad revenue soars to R17.7bn

(Image supplied) The 2024 IAB South Africa Internet Advertising Revenue Report, also known as the Online AdSpend Report, has confirmed the significant expansion of online advertising as forecasted in last year’s report While accelerated growth experienced in digital advertising post-pandemic stabilised in 2022, this year’s Report shows a remarkable 21.5% year-on-year (YoY) growth — more…

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Standard Bank sees tenfold surge in PayShap ID transactions as instant payments gain traction

Source: Pexels Over the past year, the number of Standard Bank clients registering for PayShap grew by 9%, and active use of ShapID for transactions has increased tenfold (817%) year-on-year. “This data clearly shows that consumers are increasingly seeking more convenient payment solutions. They want their transactions to clear instantly,” says Rufaida Hamilton, Standard Bank’s…

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Potential impact of tariffs on economy hard to predict: SARB

Rand note and coins. The South African Reserve Bank‘s (SARB) Prudential Authority says it is difficult to assess the potential impact of tariffs on the economy or financial systems at the moment. The regulator and supervisor for licensed financial institutions in the country says the financial stability committee has been in talks over tariffs. Businesses…

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