BUSINESS
This follows the looming staff redundancy by the South African Airways (SAA) and both the airline and trade union aren’t seeing eye to eye. At least 5,146 employees are to face job losses as part of restructuring process face by the financially constrained airline. The National Union of Metalworkers of South Africa (Numsa) and the […]
.The organisation had claimed that millions disbursed by the National Lotteries Commission (NLC) has failed to reach its intended beneficiaries, thus school children in Limpopo and Eastern Cape are the hardest-hit. It went to note that a report issued to the commission by contractor Zibsifusion detailed the contractor’s progress in March this year regarding the […]
As a sub-project of the TAC programme, President Cyril Ramaphosa officially launched the Tshwane Automotive Special Economic Zone (TASEZ) on Tuesday, 05 November 2019. This follows the application from the Gauteng Provincial Government to the Minister of the Department of Trade and Industry for the expansion of OR Tambo International Airport (ORTIA) SEZ License to […]
And to compound matters you must pay for the controversial e-tolls. Playing to the gallery Mr minister of finance Tito Mboweni. Mboweni’s MTBPS (mid-term budget policy statement) showed that the government would be spending a whopping R796bn on its debt, which is now at R3-trillion and will balloon to R4.5-trillion in the next three years. […]
Exceptional work created in South Africa’s 10 indigenous national languages will be awarded Gold or Silver Pendorings, with the highlight of the evening being the Prestigious Umpetha Award. Winners will be announced at this year’s prestigious gala scheduled to take place on 31 October 2019 at the University of Johannesburg’s Art Centre. This year’s event format […]
That’s the evolution the iconic franchise will be implementing in mzansi. The South African market and consumers of today are more aware and educated about the industry, owing to stringent economy that forces them to seek more than just good customer service, but experiences that is worthwhile. News Café is associated with fun, eclectic designs, […]
The aim of the regulations is to protect SMMEs against abusive pricing- and buying practices by dominant players. In light of this, the National Employers’ Association of South Africa (NEASA) is conducting a survey among SMMEs in order to, not only obtain comment of the draft regulations, but to acquire input on other structural-, legislative- […]
The initiative, launched by the South African Reserve Bank (SARB) and powered by fintech/bank matchmaking platform, KPMG Matchi, is a fintech acceleration programme that creates a platform for firms to demonstrate their innovative solutions to complex financial challenges in the Southern African region. Launched in November 2018, the uKheshe card enables consumers to make and […]
Judge Hilary Rabkin-Naicker granted an interdict against the strike on Thursday and will give reasons at a later date. The judgment follows an urgent application by Business Unity South Africa (Busa) to stop a planned “total shutdown” in the banking sector planned for Friday by finance union Sasbo and trade union federation Cosatu, to protest […]
The flamboyant Zimbabwe born was arrested this week in Witbank for amongst others- fraud, corruption, contravention of the Immigration Act as well as possession of unlicensed firearm and ammunition. So serious are the allegations Hawks met with a senior official from the department of home affairs to obtain a statement which details how Chabalala obtained […]