Union Solidarity welcomes government decision on SAA

5 December 2019, 4:32 PM
Trade union Solidarity has welcomed the adopted resolution by government to place embattled South African Airways on business rescue.
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SAA
Mildrand Oliphant
Parliament passes Minimum Wage Bill 29 May 2018, 7:44 PM

The National Assembly has passed the landmark Minimum Wage Bill.

VBS Mutual Bank fined R2,5mln for suspicious transaction 29 May 2018, 4:14 PM

Reserve bank Deputy Governor, Kuben Naidoo says they have established that the liquidity problems at the VBS Mutual Bank are more severe than they'd initially anticipated.

SABC remains distressed from Hlaudi’s leadership 29 May 2018, 2:07 PM

The SABC is still suffering the effects of the leadership of former COO Hlaudi Motsoeneng and board chairperson Mbulaheni Maguvhe.

Spotlight on equality, development at BRICS Forum 29 May 2018, 12:59 PM

Equality and inclusive development dominated the talks on the first day of  the 10th BRICS Academic Forum which kicked off in Sandton, Johannesburg, on Monday.

Union may strike over black employees’ share plan at Sasol 29 May 2018, 6:19 AM

South Africa's Solidarity trade union can go on strike in a dispute with petrochemicals group Sasol over its plan to provide a share ownership scheme exclusively to black employees, a government mediator has ruled.

Telkom’s aggressive mobile data drives revenue growth 28 May 2018, 9:14 PM

South Africa's telecommunications company Telkom has reported positive results driven by growth in mobile data.

SA Express employees in limbo after grounding of planes 28 May 2018, 8:04 PM

The grounding of SA Express flights has left the future of its employees hanging in the balance.

Economists concerned about SA debt to GDP 28 May 2018, 7:28 PM

Economists have warned that the country's debt to Gross Domestic Product could be pushed to unsustainable levels if requests for bailout by State Owned Enterprises are given a green light.

SA’s rand rises after S&P leaves ratings unchanged 28 May 2018, 6:35 PM

South Africa's rand sustained gains on Monday after Friday's affirmation by S&P Global Ratings of the country's sub-investment credit rating.

Court lifts freeze on Gupta’s assets 28 May 2018, 3:55 PM

The High Court in Bloemfontein has ruled that the Gupta companies will have their assets unfrozen. It says there's no evidence showing grounds to hold the assets of Gupta-linked people and companies.

Parly relocation to impact W Cape economy 28 May 2018, 5:39 AM

The President of the Cape Chamber of Commerce, Janine Myburgh, says there will be a significant economic impact on the Western Cape, if Parliament is relocated to Pretoria.

Hawks confirm allegations of corruption on eThekwini municipality 27 May 2018, 8:49 PM

The Hawks have confirmed that they are investigating allegations of corruption and maladministration at the eThekwini municipality.

SA needs policies that are attractive to investors: Ramaphosa 27 May 2018, 7:07 PM

President Cyril Ramaphosa Cyril Ramaphosa says South Africa needs policies that are attractive to investors to grow the economy.

KZN experiences gold rush 27 May 2018, 3:42 PM

South Africa is having its latest gold rush. People are arriving in droves at a site at KwaMachi in Harding, in the far south of KwaZulu-Natal, in the hope of striking gold.

Young farmer explores new farming methods 26 May 2018, 8:53 PM

A young emerging farmer is cultivating new methods in farming. He grows vegetables in a soil-less system dubbed an "Aquaponic System".

Thousands march in France against Macron reforms 26 May 2018, 6:57 PM

Tens of thousands of people took to the streets across France on Saturday to protest against Emmanuel Macron's policies, but the president said nothing would stop his economic reforms.

SA keeps credit rating outlook 26 May 2018, 7:49 AM

Ratings agency Standard and Poor's has kept its outlook on South Africa stable, alleviating fears among economists that it would give the country a further downgrade.

Mantashe calls on mining community members to avoid tribalism 25 May 2018, 7:02 PM

Mineral Resources Minister Gwede Mantashe has reiterated that mining communities should avoid tribalism in the mining sector.

SA Express passengers to be diverted to SAA, Mango 25 May 2018, 5:19 PM

South African Express passengers are now being diverted to South African Airways (SAA) and Mango flights.

SA rand dips ahead of credit rating reviews 25 May 2018, 1:38 PM

South Africa's rand weakened in cautious trade early on Friday as investors took profits from a rally in the previous session ahead of a ratings decision by S&P Global.

Reserve bank to remain ‘vigilant’ on inflation target range 25 May 2018, 6:12 AM

The Reserve Bank has cited the recent VAT increase and electricity tariff hikes as the biggest risks to the inflation outlook in the coming months.

State Owned CEOs aim to invest R420 billion into SA economy: Ramaphosa 24 May 2018, 4:06 PM

President Cyril Ramaphosa says government has received an undertaking of investment of more than R400 billion over the next five years by Chief Executive Officers of State Owned Enterprises.

Repo rate remains unchanged at 6.5% 24 May 2018, 3:53 PM

The Reserve Bank has kept the repo rate unchanged at 6.5%  and lending rate at 10%.

Pravin Gordhan
Gordhan brings changes in SOEs 24 May 2018, 10:53 AM

Public Enterprises Minister Pravin Gordhan says steps are being taken to merge South African Airways, SA Express and Mango.

Institute highlights importance of organisational ethics 24 May 2018, 10:06 AM

Spokesperson of the Ethics Institute, Grace Garland says organisations are immensely impactful in communities at large. She says how an organisation conducts itself affects the society as a whole.

money
Joburg, Ekurhuleni residents await budget plans 24 May 2018, 9:55 AM

Residents of Johannesburg and Ekurhuleni will find out how their municipalities will spend their budgets in the new financial year on Thursday.

Mkhize concerned about lack of improvement in municipal audit results 23 May 2018, 9:05 PM

Minister of Cooperative Governance and Traditional Affairs Zweli Mkhize says it is of concern that there has been no improvements in municipal audit results over the past few years.

Ramaphosa sets up inquiry into tax service 23 May 2018, 5:52 PM

President Cyril Ramaphosa has announced that he has signed a proclamation of a Commission of Inquiry into the South African Revenue Service.

Mohair SA to investigate allegations of ill-treatment of angora goats 23 May 2018, 4:55 PM

Mohair South Africa says they will conduct their own investigations into the allegations by the People for Ethical Treatment of Animals (Peta), about ill-treatment of angora goats which produce mohair.

Ramaphosa donates half his presidential salary to Mandela Foundation 23 May 2018, 4:18 PM

President Cyril Ramaphosa says he will donate half of his Presidential salary this year, to the Thuma Mina fund that will be managed by the Nelson Mandela Foundation.