Labour market scarcity set to last years, says outgoing CEO of Randstad

21 October 2021, 8:56 AM
Labour market shortages will be a major theme "for years to come", the chief executive of global staffing group Randstad said on Thursday, as he announced he was stepping step down in March after eight years in the post.
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Eskom denies reinstating Koko 19 December 2017, 6:43 AM

Eskom has again denied reports that its suspended acting CEO Matshela Koko has been re-instated.

Major businesses welcome newly elected ANC leadership 19 December 2017, 5:59 AM

Major business bodies have welcomed the newly elected African National Congress (ANC) leadership.

Rand strengthens as ANC conference gains momentum 18 December 2017, 6:06 PM

The rand has strengthened to R12.68 to the dollar on news of the change of leadership in the governing ANC.

Lindiwe Zulu notes progress in SMME’s 18 December 2017, 3:57 PM

Minister of Small Business Development, Lindiwe Zulu, says her department has witnessed enormous progress for small businesses over the last three years, although there are challenges.

Rand continues to strengthen as ANC seeks new leadership 18 December 2017, 3:49 PM

The rand continues to strengthen against a basket of major currencies as the ANC votes to elect a new leader.

DA lays criminal charges against Koko 18 December 2017, 2:33 PM

Democratic Alliance (DA) MP Natasha Mazzone has laid criminal charges against the newly reinstated Eskom CEO Matshela Koko at the Cape Town Police Station.

Motorists receiving e-toll summons cannot be prosecuted: Outa 18 December 2017, 2:33 PM

The Organisation Undoing Tax Abuse (Outa) says while Gauteng motorists are receiving summonses for defaulting on their e-toll payments, they cannot be prosecuted

Metrorail to start R68 million project 18 December 2017, 12:07 PM

Metrorail in the Western Cape says it will soon break ground on a R68 million project to build a 20 kilometre stretch of wall along its train infrastructure on its two Khayelitsha routes on the Cape Flats.

Zulu addresses the Conference Business Breakfast 18 December 2017, 10:10 AM

Minister of Small Business Development Lindiwe Zulu will be addressing the business conference breakfast on Monday.

DA to lay charges against Koko 18 December 2017, 9:54 AM

The DA will on Monday lay charges against the newly re-instated Eskom CEO Matshela Koko.

Rand firms more than 2 pct on ANC leadership contest 17 December 2017, 10:28 PM

South Africa’s rand firmed more than 2.3 percent to 12.7800 on Sunday as Cyril Ramaphosa and Nkosazana Dlamini-Zuma were formally nominated to contest the leadership of the ruling African National Congress. “The rand is stronger on the likelihood of Cyril Ramaphosa being elected ANC head,” said Brett Birkenstock, a director at Overberg Asset Management. “The […]

ANC to choose leadership able to restore investors confidence: Godongwana 17 December 2017, 6:12 PM

Chairperson of the African National Congress (ANC) National Executive Committee  sub-committee on Economic Transformation, Enoch Godwangana says the elective conference underway at Nasrec in Johannesburg, will choose leaders that will help restore investor confidence in South Africa.

SARS to collect sugary beverages levy from April 17 December 2017, 2:59 PM

The South African Revenue Service (SARS) will collect the Sugary Beverages Levy (SBL) with effect from the 1st of April 2018.

Eskom refutes claims of Koko’s reinstatement 17 December 2017, 7:45 AM

Eskom has denied reports that Matshela Koko will be back at work on Monday after being reinstated at the power utility's CEO.

Zuma’s free education raises economic concerns 17 December 2017, 7:00 AM

The Banking Association of South Africa has called on Finance Minister Malusi Gigaba to clarify how President Jacob Zuma's announced free higher education will be funded.

Economy is still growing slowly: Gigaba 16 December 2017, 1:36 PM

Finance Minister Malusi Gigaba says although the economy is showing signs of recovery, it is still growing slowly.

Nersa, Outa welcome 5.2% tariff hike 16 December 2017, 6:55 AM

The Organisation Undoing Tax Abuse (Outa) says the 5.2% tariff increase that the energy regulator Nersa has granted Eskom is a victory for civil society.

Steps afoot to minimise impact of Steinhoff scandal- Gigaba 15 December 2017, 9:44 PM

Finance minister Malusi Gigaba says regulatory bodies will be investigating various aspects of the Steinhoff accounting scandal, looking at possible fraud, corruption and misconduct. He says legal or criminal action will be taken against those responsible. Gigaba has met various industry stakeholders regarding the Steinhoff scandal. A week after the corporate scandal broke, the company […]

Brown warns newly appointed Eskom board 15 December 2017, 8:58 PM

Public Enterprise Minister, Lynne Brown, has warned newly appointed Eskom board members to be careful who they associate with. Speaking at a special Eskom general meeting, Brown warned that any information could be used against board members. Brown added that she is yet to be briefed on the outcome of suspended executive, Matshela Koko. She […]

Two appear in KZN courts for illicit cigarettes 15 December 2017, 8:13 PM

Two men have appeared in separate courts in KwaZulu-Natal for illicit cigarette dealing.

Eskom gets the nod on tariff hike 15 December 2017, 6:33 PM

Energy regulator NERSA has granted Eskom a 5.2 %r cent tariff increase for the 2018/19 financial year. Eskom had applied for a 19.9 % increase.

Steinhoff says Christo Wiese steps down as chairman 14 December 2017, 9:47 PM

South African retail group Steinhoff, which is fighting for survival following its disclosure of accounting irregularities, said tycoon and major shareholder Christo Wiese has stepped down as chairman. Steinhoff said in a statement on Thursday that Wiese had offered to resign to reinforce independent governance of the company and that the supervisory board had accepted […]

Soweto businesses hope to cash in at ANC conference 14 December 2017, 8:34 PM

As the countdown to the highly anticipated African National Congress's national conference begins, Soweto’s small business owners say they are hoping that delegates and members will visit their establishments.

Sibanye-Stillwater to be No. 2 platinum miner with Lonmin buy 14 December 2017, 7:53 PM

South Africa’s Sibanye-Stillwater agreed to buy troubled miner Lonmin for about 285 million pounds ($382 million) to create the world’s No. 2 platinum producer in a bid to ride out depressed prices for the metal. Sibanye, whose CEO is called “Mr Fix It” for turning his firm from a spin-off with three old mines into […]

Leaked document were illegally obtained by DA: SARS 14 December 2017, 6:51 PM

A war of words has erupted between South African Revenue Service (SARS) Commissioner Tom Moyane and parliament's Standing Committee on Finance.

Total retail sales grew 6.4% year over year 14 December 2017, 2:01 PM

South African consumer spending showed a modest uptick in October this year, with total retail volumes for the month rising 2.3% year-over-year after removing the effects of inflation.

DA probes Denel’s financial crisis 14 December 2017, 1:37 PM

The Democratic Alliance  has written to state-owned arms manufacturer Denel asking it for an update on the true status of its financial affairs.

SABC unions vow to strike until demands are met 14 December 2017, 9:37 AM

Worker's unions at the SABC say they are hoping to gather support from both freelancers and middle management for the strike action on Thursday.

Association announces 8% increase cap for universities 14 December 2017, 9:33 AM

The University Association, Universities South Africa has announced a fee increase for the 2018 academic year to be capped at 8%.

SABC, unions urged to engage in peaceful wage talks 14 December 2017, 6:44 AM

Communications Minister Mmamoloko Kubayi-Ngubane asked SABC staff and their unions to allow an amicable solution to be reached through negotiations.