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.
SABC staff down tools 14 December 2017, 6:04 AM

Unions representing workers at the SABC say they will stop at nothing until their demands are met.

CPI slows down to 4.6% 13 December 2017, 5:38 PM

Consumer inflation slowed down more than markets expectations in November.

SA’s cryptocurrency millionaire shares success 13 December 2017, 10:26 AM

The price of bitcoin has grown from about $1000 at the beginning of this year to currently over $15 000. Just in October one Bitcoin cost around R 60 000, now it hovers at around R 240 000 and R 250 000. Similar to markets the bitcoin responds to developments, and the recent surge is […]

Metrorail technicians work around clock to restore services 13 December 2017, 8:59 AM

Metrorail says it is aiming to have services restored on its Central Line, between Bishop Lavis, Kapteinsklip and Khayelitsha in Cape Town, by the end of Wednesday.

Suspension of train services prompts call for intervention 13 December 2017, 7:04 AM

The ANC in the Western Cape says it will ask the Minister of Transport to intervene following the suspension of the Metrorail train line.

Energy Dept brings electricity to Limpopo villages 13 December 2017, 5:30 AM

A new high voltage electricity substation has been officially opened to supply power to the community of Bambeni and surrounding villages near Giyani in Limpopo.

Tax growth rate decreases 12 December 2017, 6:24 PM

Pay as you earn income tax growth rate has slowed down in 2017 due to low business confidence and the impact of a technical recession experienced this year

Liquor outlets in Gauteng won’t extend hours during ANC conference 12 December 2017, 2:35 PM

The Gauteng government says it will not grant any liquor outlets or alcohol-selling venues permission to extend their trading hours to cater for the African National Congress Conference in Nasrec, Johannesburg this weekend.

Economist unpacks corruption in public and private sectors 12 December 2017, 11:35 AM

Political economist Israel Mkhize says people tend to focus more on public sectors’ mistakes than those of the private sector, based on the flawed argument that the public sector is mostly affected because taxpayers’ money is being wasted.

SABC unions demand improved offer 12 December 2017, 10:38 AM

Trade Union Bemawu says if the SABC tables an improved offer, it is prepared to call off Thursday's strike.

SABC unions forge ahead with strike action 12 December 2017, 6:56 AM

Trade unions BEMAWU and CWU have rejected the SABC's 4.5% salary increase offer, backdated to October this year.

Metrorail suspends services in Cape Town following vandalism 11 December 2017, 5:47 PM

Metrorail says its central line services will remain suspended in Cape Town this afternoon due to vandalism of critical infrastructure.

Steinhoff shares are 40% stronger on Monday after dropping 90% of their value last week.
Wiese attempts to rescue Steinhoff 11 December 2017, 3:17 PM

Shares of retailer, Steinhoff, continue to claw back some value after a massive sell-off last week linked to concerns about dodgy accounting.

SA’s reputation not under threat: Brand SA 11 December 2017, 12:10 PM

Brand South Africa CEO Dr Kingsley Makhubela believes the country’s reputation is not under threat. He says that despite the ongoing political contests in the African National Congress, the country’s key institutions remain strong. Makhubela is in New York after a visit to Washington, where he’s engaging with key stakeholders with a message that South […]

SABC board slams CWU claims 11 December 2017, 9:15 AM

The SABC Board has lashed out at the Communications Workers Union (CWU), saying the accusations it made of a R650-million pay-out to the SABC Interim Board are not true.

Wheat farmers count losses from drought 11 December 2017, 8:44 AM

South Africa will have to import as much as 60 percent of its wheat demand as a result of the debilitating drought in the Western Cape.

Bitcoin futures make muted stock exchange debut 11 December 2017, 5:54 AM

Bitcoin made a muted debut on a major global exchange Sunday, in a milestone for the controversial digital currency that has some investors excited but others nervous.

SA to import about 60% of its wheat 10 December 2017, 8:32 PM

South Africa will have to import as much as 60% of its wheat demand as a result of the debilitating drought in the Western Cape.

Steinhoff irregularities to affect clothing, textile sector: Cosatu 10 December 2017, 3:26 PM

Labour Federation Cosatu says the magnitude caused by the biggest corporate scandal involving Steinhoff International will have a serious impact on the clothing and textile workers in South Africa.

SA ministers in Argentina for WTO conference 9 December 2017, 3:36 PM

Trade and Industry Minister Rob Davies and Agriculture, Forestry, and Fisheries Minister Senzeni Zokwana, together with Deputy Trade and Industry Minister Bulelani Magwanishe have arrived in Buenos Aires in Argentina for the 11th World Trade Organisation (WTO) ministerial conference.

Macadamia farmers optimistic of export growth to China 9 December 2017, 3:03 PM

South African Macadamia farmers who recently held a symposium to look into challenges that the industry is facing, say they are optimistic about stronger trade agreements with China.

Municipal shutdown in N.West continues 8 December 2017, 6:09 PM

Service delivery at Tswaing Local Municipality in Delareyville town in North West has been severely disrupted this week.

Moody’s downgrades Steinhoff to junk status 8 December 2017, 12:35 PM

Ratings agency Moody's has cut Steinhoff to junk rating, dropping it by four notches from the previous Baa3 to B1 and placed it on review for further downgrade. 

D-Day for water defaulting municipalities 8 December 2017, 11:45 AM

Friday is the deadline for 30 defaulting municipalities to pay their water bills - or face water restrictions.

Corruption is a two way street: Sithole 8 December 2017, 10:25 AM

Accountant and anti-Capitalist Khaya Sithole says if people want to tackle corruption they can’t just limit the conversation to particular individuals because corruption is a two way street and what people need for corruption to thrive is a really well cultivated ecosystem and an ecosystem involves bankers, lawyers, accountants and auditors.

PSA to lay criminal charges against Steinhoff 8 December 2017, 8:35 AM

The Public Servants Association says it will be laying criminal charges against Steinhoff International.

Gigaba supports probe into Steinhoff scandal 8 December 2017, 6:00 AM

Finance Minister Malusi Gigaba says he supports the decision by the Financial Services Board to institute an independent investigation into the alleged false and misleading financial reports by Steinhoff. 

Zuma calls for transformation in energy sector 7 December 2017, 6:11 PM

President Jacob Zuma says transformation in the energy sector is paramount to ensuring sustainability in future.

Big businesses should adhere to code of business ethics: BLSA 7 December 2017, 5:21 PM

Business Leadership South Africa says big businesses should adhere to the code of business ethics or face the consequences as the fallout from the Steinhoff accounting fiasco continues.

Govt won’t abandon plans to other sources of energy: Mahlobo 7 December 2017, 3:53 PM

Energy Minister David Mahlobo says government will not be coerced into abandoning plans to consider other sources of energy to diversify supply of electricity.