Muthavhi elected as Samwu president

South African Municipal Workers Union (Samwu) National Conference in Mbombela, Mpumalanga. South African Municipal Workers Union (Samwu) Deputy General Secretary Nkhetheni Muthavhi has been elected as the union’s new president. Delegates attending the union’s 13th National Congress in Mbombela, Mpumalanga, elected new national office bearers on Wednesday. Muthavhi’s previous position was filled by Sam Lukheleni…

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S&P Global upgrades SA’s long-term foreign currency rating to ‘BB’

The S&P Global logo is displayed on its offices in the financial district in New York City. S&P Global on Friday upgraded South Africa‘s foreign currency long-term sovereign credit rating to “BB” from “BB-“, citing stronger growth prospects, an improving fiscal outlook and lower contingent liabilities following performance improvements at the state-owned electricity utility, Eskom….

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