Finance Minister Enoch Godongwana announced that he will re-examine the 2026/27 budget following a temporary reduction in the general fuel levy. The review comes as the government seeks to provide relief to motorists facing rising fuel prices. In a joint statement with Minister of Petroleum and Mineral Resources Gwede Mantashe, they said the levy would […]
JOHANNESBURG – ArcelorMittal is moving ahead with plans to shut down its long steel business. READ: ArcelorMittal forges ahead with job cuts The move could cost over 3,000 jobs if there is no solution found by the end of September. READ THE ORIGINAL ARTICLE ON ENCA
When Theresa & Neil Emerick were looking to book last-minute accommodation for their honeymoon in South Africa, they were frustrated waiting for responsesby email and via phone. Having just returned from a trip to the USA a few weeks prior, they knew that there was a more efficient and quicker way for the South African […]
Billionaire tech mogul Elon Musk’s startup xAI said it has raised $6 billion (R110.22 billion) from investors in an increasingly crowded artificial intelligence market. The latest funding, including from well known venture capitalists and a Saudi prince, takes the firm’s total valuation to $24 billion (R442 billion), based on a pre-infusion figure of $18 billion […]
Scammers are more common than you might think and they are becoming more sophisticated online. From cryptocurrency scams to hacking and draining unsuspecting victims’ bank accounts, you never know where such individuals may pop up. READ the originally article on iol
By Simon Majadibodu The Directorate for Priority Crime Investigation, also known as Hawks, have arrested a 32-year-old Joburg man on charges of theft, fraud and money laundering of R16.5 million which was meant for bursary recipients. READ the original story on iol
Employment and Labour Minister Thulas Nxesi has announced that the government will implement a new training for employment and entrepreneurship programme. READ the original article on iol
Entrepreneurship is a vital part of South Africa’s business world, with small businesses providing essential employment opportunities and providing millions of people with viable livelihoods. For a number of reasons, including the fact that women have been found to reinvest more of their income into the health and education of their children and the community, […]
The average price of a household food basket for the month of March is R5,227.93. This information is based on data from the Pietermaritzburg Economic Justice and Dignity Group’s (PMBEJD) Household Affordability Index, which monitors food price data from 47 supermarkets and 32 butcheries across Johannesburg, Durban, Cape Town, Pietermaritzburg, Mtubatuba, and Springbok. Read the […]
Negotiations between the two parties collapsed multiple times since the 2022 wage negotiation cycle began in March. Makro workers affiliated with the South African Commercial, Catering and Allied Workers Union (Saccawu) are expected to begin its 10-day strike on Friday after talks collapsed between the union and retail giant Massmart. Negotiations between the two parties […]