Brace yourself — another fuel price hike is coming our way. From petrol to paraffin, East Cape Fuels is predicting a massive increase across the board. The petrol sales and distribution company expects the petrol price to increase by at least R1.23 per litre. Diesel and paraffin are expected to soar by over R1.30 per litre. The […]
In the wake of this year’s improved matric results, pursuing a diploma or degree at a tertiary institution is no longer just a dream. Unfortunately, some students might not have a bursary or scholarship to pursue their studies, and their parents might struggle to meet their financial obligations. For many, taking out a loan from […]
Four years since Steinhoff’s share price crashed amid accounting fraud, hundreds of litigants will finally be compensated for their losses. The High Court in Cape Town granted the embattled retailer an order to settle claims worth R25-billion on Monday. The settlement proposal was already sanctioned in the Netherlands last year where Steinhoff is domiciled. With former […]
AfriForum, Maroela Media le Anlé Spies, moithuti wa materiki wa 2021, ba ile ba mathela lekgotleng Labohlano le fetileng ba batla ho thibela lefapha ho tswelapele ka merero ya lona ya ho se phatlalatse sephetho sa materiki ka diplatform tsa setjhaba Sehlopha sa baemedi ba AfriForum se boletse hore Lefapha la Thuto ea Motheo le […]
Clover workers have given the drinks giant until Friday to pay outstanding bonuses. Unions approached the CCMA to intervene in the matter. Workers claim clover withheld their 13th cheque which was due on 25 November. Giwusa president Mametlwe Sebei said: “We have argued that the company not to pay bonuses is unlawful. “We just didn’t […]
This quarter’s results have factored in the economic disruptions caused by the civil unrest in July. South Africa’s economy has shrunk by 1.5% in the third quarter of this year. This comes after it recorded growth for four consecutive quarters, with last quarter expanding by 1.2% This quarter’s results have factored in the economic disruptions […]
Eskom CEO André De Ruyter said some lines that fed electricity to the power station’s coal conveyer-belt were cut. Eskom CEO André De Ruyter on Friday morning confirmed that an investigation has revealed clear evidence of sabotage at the Lethabo Power Station in the Free State. He said some lines that fed electricity to the […]
The National Union of Metalworkers of South Africa (Numsa) says it will follow up with state arms manufacturer Denel this week to ensure that employees are paid what is owed to them. The union announced it had been granted an order by the High Court in Pretoria for Denel to pay its workers their outstanding salaries and […]
Eskom has suspended stage two blackouts. The power utility says the suspension is with effect from 5am on Friday after generation capacity recovered enough to enable it to stop the blackouts. On Thursday, Eskom CEO, André de Ruyter, said that improvements in the power system had allowed the power utility to return electricity to normal ahead […]
Eskom CEO André de Ruyter said the ongoing outages are necessary to catch up with long overdue maintenance. The instability at Eskom is destroying businesses and the economy, according to the Black Business Council (BBC). It is calling for the resignation of Eskom CEO Andre De Ruyter and the entire board. The BBC says De Ruyter […]