Economist doubt there will be immediate cut in interest rates

11 December 2019, 5:35 PM
Nedbank Chief Economist Dennis Dykes says it's unlikely there'll be an immediate cut in interest rates despite Stats SA announcing that consumer inflation decreased by point one of a percentage point to 3.6% in November.
Metrobus services affected by commuters’ protest 16 May 2018, 3:09 PM

The situation has gone back to normal and buses have resumed operations at the Ghandi Square retail and bus hub in the Johannesburg CBD.

Cyril Ramaphosa
Ramaphosa upbeat about ILO recommendations 16 May 2018, 12:35 PM

President Cyril Ramaphosa says he is confident that the Global Commission on the Future of Work, underway in Geneva, Switzerland will put forward valuable recommendations to the International Labour Organisation.

Nehawu marches for new North West leadership 16 May 2018, 10:55 AM

Hundreds of Nehawu affiliated health-workers across the country have arrived at the North West capital, Mahikeng to march and hand over a memorandum of demands to the Inter-Ministerial task team that is in the province.

RwandAir to touchdown in Cape Town for first time 16 May 2018, 9:02 AM

Rwanda's state airline, RwandAir has announced it be will adding Cape Town to its international travelling itenary.

Two construction companies busted for water theft 15 May 2018, 8:27 PM

The City of Johannesburg says it has discovered at least two construction companies that have been stealing water for use on development sites in Midrand north of Johannesburg.

Denel CEO resigns 15 May 2018, 8:03 PM

State arms manufacturer Denel has announced the resignation of its CEO Zwelakhe Ntshepe with immediate effect.

60% of citizens actively participating in economy- Stats SA 15 May 2018, 6:35 PM

South Africa's unemployment rate remains stubbornly high.

Mining beneficiaries cause conflicts in Limpopo 15 May 2018, 3:26 PM

Mining beneficiation has caused conflicts between several communities living next to a piece of land where chrome is being mined at Atok outside Burgersfort in Limpopo.

South Africa’s unemployment level remains unchanged 15 May 2018, 1:32 PM

South Africa’s unemployment rate remained unchanged from the fourth quarter of last year at 26-point-seven percent. However, according to newly-released Statistics South Africa data, the total of people without jobs increased slightly to six-million in the first quarter. South Africa’s #unemployment rate at 26.7% remained unchanged in the first quarter of 2018 said @StatsSA. #StatsSA […]

Ramaphosa arrives in Switzerland for Global Commission meeting 15 May 2018, 10:45 AM

President Cyril Ramaphosa has just arrived in Geneva, Switzerland to co-chair the Global Commission.

Gordhan removes three Transnet board members 15 May 2018, 9:07 AM

Public Enterprises Minister Pravin Gordhan has removed three board members from the troubled state-owned firm Transnet and appointed an interim board.

Monyane gives Ramaphosa ultimatum on settlement 15 May 2018, 8:12 AM

Suspended SARS Commissioner Tom Moyane has given President Cyril Ramaphosa until noon on Tuesday to reconsider paying him a multi-million-rand settlement to walk away from his position or be prepared for legal action.

Govt intervention would’ve ended bus strike sooner: Numsa 15 May 2018, 5:50 AM

Trade union Numsa says despite an end to the bus strike there are issues affecting workers that still need to be addressed.

Bus commuters breath a sigh of relief 14 May 2018, 9:49 PM

The National Union of Metalworkers (Numsa) says despite the nationwide bus strike coming to an end, there is still a long way to go.

Bus strike finally over 14 May 2018, 6:01 PM

The month-long national bus strike is over. Unions are due to address media in Kempton park, Ekurhuleni about the details of the deal.

Govt hopes to achieve NDP goals 14 May 2018, 6:01 PM

Government says it hopes to achieve the goals of the National Development Plan and radical economic transformation through the Industrial Policy Action Plan (IPAP).

Vodacom grows revenue and customers 14 May 2018, 5:20 PM

Vodacom's revenue grew strongly at 6.3% to R86 billion and added seven million customers during the year under review.

D-Day for written submissions for Minister Dlamini in Sassa crisis 14 May 2018, 3:44 PM

Monday is the final day for written submissions in response to Judge Bernard Ngoepe's report on Minister Bathabile Dlamini's role in the 2017 social grant crisis.

Unions to meet as bus strike enters fifth week 14 May 2018, 5:35 AM

Unions representing striking bus drivers will meet on Monday to discuss the way forward, as the nationwide labour action enters its fifth week.

Western Cape government aims to improve cycle tourism industry 13 May 2018, 4:24 PM

The Western Cape Department of Economic Development and Tourism today launched the second in a series of cycle routes aimed at growing cycle tourism in the province.

Jim Ratcliffe
Chemicals boss Ratcliffe tops UK rich list 13 May 2018, 4:08 PM

Jim Ratcliffe, the founder and boss of chemical giant Ineos, is the richest man in the United Kingdom, according to the Sunday Times Rich List, first among a record 145 billionaires living in the country.

Limpopo water project faces forensic investigation 13 May 2018, 7:57 AM

There will be a forensic investigation into the multi-billion rand Nandoni-Nsami Bulk Water Pipeline Project in Limpopo after Water and Sanitation Minister Gugile Nkwinti announced it on Saturday.

‘Let’s climb!’ Female stars call for equal pay in Cannes protest 12 May 2018, 9:32 PM

Hollywood stars including Cate Blanchett, Kristen Stewart and Salma Hayek called Saturday for equal pay in the cinema industry and beyond in a historic red carpet protest at the Cannes film festival. Eighty-two actresses, filmmakers and producers marched arm and arm to demand equality and “a safe workplace”, seven months after the world was shaken […]

Zimbabwean mines gain growth in 2018 12 May 2018, 9:42 AM

Zimbabwe's mining sector has experienced growth in most minerals in the first quarter of 2018.

Bus strike continues despite new offer 11 May 2018, 5:55 PM

Transport unions participating in a four-week long bus strike say workers have agreed to a nine-percent wage increase. However, the unions are also requesting the employers for back pay from 1st April.

Satawu to address media on latest offer for bus drivers 11 May 2018, 9:35 AM

Trade union, Satawu, will address the media in Johannesburg Friday afternoon after employers in the bus strike made a revised offer to the unions in the hope of ending the crippling bus drivers' strike.

Mokonyane vows to restore SABC credibility 11 May 2018, 5:44 AM

Communications Minister Nomvula Mokonyane says her department is determined to restore the SABC's financial stability and editorial credibility.

Eskom suspends three station managers 10 May 2018, 8:59 PM

Eskom has suspended three power station managers in relation to the current coal supply shortage.

Gupta-linked businesses accuse NPA of prejudice 10 May 2018, 8:29 PM

Gupta-linked businesses have accused the National Prosecuting Authority of prejudicing them.

Name change won’t impact Swaziland’s tourism product 10 May 2018, 8:27 PM

The Kingdom of eSwatini Tourism Authority says the announcement of King Mswati the third to change the country's name will not have an impact on their tourism product.