Alcohol ban not the answer: National Liquor Traders Council

13 July 2020, 1:05 AM
The National Liquor Traders Council (NLTC) says the suspension of the sale of the alcohol under lockdown Level 3 is “not the answer.”
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Formal sector continues to shed jobs 11 December 2018, 4:20 PM

Statistics South Africa (Stats SA) data shows 16 000 jobs were lost in the third quarter. The job losses were largely in the productive sectors of the economy namely, manufacturing, construction and mining.

A manufacturing plant
SA’s manufacturing output jumps, boosting rand 11 December 2018, 2:32 PM

South Africa’s manufacturing output rose more than expected in October to its highest level since June 2016, data showed on Tuesday, lifting the rand as the economy showed further signs of recovering from recession.

Tom Moyane
Moyane’s lawyer to decide on way forward 11 December 2018, 12:14 PM

Former SARS commissioner Tom Moyane's lawyer Eric Mabuza says they will study Tuesday's court judgment before deciding the way forward. This after the High Court in Pretoria dismissed with costs Moyane's bid to get his job back.

Eskom
Eskom’s coal stock pile levels low: Etzinger 11 December 2018, 10:59 AM

Power utility, Eskom has been in the news for all the wrong reasons. From retrenchments, suspicious dealings and recently, load shedding.

Wiseman Nkuhlu
KPMG asks for second chance 11 December 2018, 8:13 AM

The chairman of KPMG South Africa on Monday appealed for the firm to be seen as a changed business, following months of efforts to regain public trust after becoming embroiled in major corruption scandals.

Tom Moyane
Moyane to know his fate on Tuesday 10 December 2018, 9:35 PM

Axed SARS Commissioner Tom Moyane will know his fate on Tuesday, after he approached the High Court to have his dismissal lifted and prevent the release of the final Nugent Commission report.

Workers walking in a line
Workers affiliated to NUM down tools at Mafube coal mine 10 December 2018, 5:17 PM

Mine workers affiliated to NUM have downed tools at the Mafube coal mine in Wonderfontein, Mpumalanga, demanding a 10% salary increase while the employer is offering only 7% and 7.5%.

An image of old mine shaft
Congo’s Gecamines to boost stake in Boss Mining JV to 49 pct 10 December 2018, 2:24 PM

Democratic Republic of Congo's state mining company Gecamines said on Monday it would increase its stake in its Boss Mining joint venture with ENRC Africa Holdings to 49 % after the two companies renegotiated terms.

Eskom
No load shedding on Monday: Eskom 10 December 2018, 12:04 PM

Eskom says it will not implement Stage 1 rotational load shedding on Monday.

Nqabayomzi Kwankwa
Load shedding may undermine Ramaphosa’s investment efforts: Kwankwa 10 December 2018, 5:37 AM

UDM Chief Whip and Member of Parliament's Public Enterprises Portfolio Committee Nqabayomzi Kwankwa has warned that Eskom's current load shedding has the potential to undermine President Cyril Ramphosa's investment efforts.

Simon Mulaudzi
Former head of supply chain management to take SABC to CCMA 9 December 2018, 8:52 PM

The SABC's former Head of Supply Chain Management, Simon Mulaudzi, says he is ready to take the public broadcaster to the CCMA over his dismissal.

Eskom
There will be no loadshedding on Sunday: Eskom  9 December 2018, 11:01 AM

Eskom says there will be no loadshedding on Sunday as it has recovered sufficient levels and some generating units have returned to service.

MyCiti bus
‘MyCiti bus service almost fully functional’ 9 December 2018, 9:48 AM

The City of Cape Town says the MyCiti bus service is almost fully functional and a process to replace workers who've been on an unprotected strike since October is underway.

Zwelinzima Vavi sitting
Vavi weighs in on public office bearers’ salary increment 8 December 2018, 7:05 PM

Saftu General Secretary, Zwelinzima Vavi, says President Cyril Ramaphosa must be congratulated for the no salary increase to certain public office bearer.

CCMA Logo
CCMA talks on national minimum wage 8 December 2018, 9:53 AM

CCMA commissioners are holding talks on how to improve implementation of the upcoming minimum wage with various stakeholders, currently in Cape Town. 

Tsogo Sun invests R1.6 billion in KwaZulu-Natal Golden Mile 7 December 2018, 9:14 PM

One of South Africa's largest corporate investors, Tsogo Sun, has invested R1.6 billion in the KwaZulu-Natal Golden Mile.

CCMA to enforce minimum wage implementation 7 December 2018, 8:29 PM

The CCMA has been granted more powers and responsibilities to enforce the national minimum wage.

Striking security officers lock out Kusile Power Station 7 December 2018, 8:18 PM

Operations have been disrupted at Kusile Power Station in Emalahleni in Mpumalanga. This after security guards embarked on a strike and closed the gates into the Power station demanding payment from the company contracted by the power utility Eskom.

Eskom must restructure to remain sustainable: Analysts 7 December 2018, 6:32 PM

Analysts say Eskom must urgently consider restructuring and reducing its overheads in order to remain sustainable and that the bad business decisions that Eskom made over the years have contributed to the current crisis that it is facing.

OPEC and partners near deal over cuts in production 7 December 2018, 5:25 PM

OPEC ministers presented a "final draft" of an agreement for oil production cuts to a meeting Friday with partner countries including Russia, as oil prices rebounded at news that a deal may be close.

Ramaphosa officially proclaims date for National Minimum Wage 7 December 2018, 3:29 PM

President Cyril Ramaphosa has officially proclaimed the National Minimum Wage of R20 an hour at an event in Kliptown, Soweto, on Friday.

Absa bank aims to lift lagging return on equity by 2021 7 December 2018, 12:50 PM

South African lender Absa Group set out new targets to raise its return on equity(RoE) by around 4% by 2021, from levels currently among the lowest of South Africa's big four banks.

PIC reveals Nene’s son involvement in transaction 7 December 2018, 5:43 AM

The Public Investment Corporation says it was aware that the son of former Finance Minister Nhlanhla Nene was involved in a transaction the Public Investment Corporation (PIC) made with Mozambican S&S Refineries.

Petra Diamonds completes sale of its Kimberley Ekapa Mining Joint Venture stake 6 December 2018, 9:15 PM

Kimberley-based mining company, Petra Diamonds, has announced the completion of the sale of its 75.9% stake in the Kimberley Ekapa Mining Joint Venture.

Fitch not likely to downgrade SA’s rating anytime soon 6 December 2018, 8:45 PM

Economists say rating agency Fitch is not likely to downgrade South Africa's rating anytime soon.

Zones can help launch economic recovery says Ramaphosa 6 December 2018, 5:47 PM

President Cyril Ramaphosa says Special Economic Zones can work as launching pads for much needed economic recovery in the country.

Pravin Gordhan briefing the media
Sabotage in Eskom electricity system cannot be ruled out: Gordhan 6 December 2018, 5:35 PM

Public Enterprises Minister Pravin Gordhan says Eskom has come up with a plan which will be updated weekly between now and the end of January with regard to making efforts to keep lights on.

Watch | Eskom briefs media on its current operational challenges 6 December 2018, 2:45 PM

Eskom is set to brief the media on Thursday afternoon at Megawatt Park in Johannesburg as it struggles to keep the lights on.

Former COO Hlaudi Motsoeneng
Motsoeneng’s success fee discovered during audit process: SABC 6 December 2018, 12:10 PM

The High Court in Johannesburg has heard that the SABC only found out during an audit process that its former COO Hlaudi Motsoeneng received a success fee of R11.5 million.

Huawei
China furious over Huawei CFO arrest 6 December 2018, 11:41 AM

China reacted furiously on Thursday after a top executive and daughter of the founder of Chinese telecom giant Huawei was arrested in Canada following a US extradition request, threatening to rattle a trade war truce with the United States.