BMW invests in SA

BMW commits R4.2 billion investment in SA

By GCIS Vuk’uzenzele 27-07-23 16:45

From the Union Buildings As countries around the world work to reduce carbon emissions, there is great potential for South Africa to establish and develop new industries. ALSO READ: SA’s Lawrence storms to BMW title in Germany We have said that our transition to a low-carbon, climate resilient economy must be just and inclusive. We […]

How buying local boosts job creation and elevates SA’s economy

By GCIS Vuk’uzenzele 27-07-23 16:15

Boikano Sikwane (46) believes that it is important for South Africans to buy locally produced goods so that more jobs can be created and the economy can improve. ALSO READ: Government funding: Millions set aside for youth entrepreneurship in KZN Sikwane is the owner of Chuck Chilli, a proudly South African company that produces a chilli […]

Wayne Deck: an exemplary civil servant

Wayne Deck: an exemplary civil servant

By Fazila Olla 27-07-23 11:52

At the Western Cape High Court, you sometimes meet civil servants who are astonishingly efficient. One of them stands out as an example to all. Young lawyers and candidate attorneys in Cape Town gain their High Court experience in a place called Room 1 – a large ground-floor room on the Queen Victoria Street side […]

sars tax return mistake

How to change your SARS eFiling username and password

By TheSouthAfrican.com 25-07-23 20:30

The 2023 tax season has been open for nearly a month now (since July 7) and filing for individual taxpayers runs till October 23 2023. I’ve you’ve misplaced your particulars and need to change your SARS eFiling username and password, here’s what you can do … CHANGE YOUR SARS EFILING PASSWORD AND USERNAME Perhaps the easiest […]

H&M sues rival Shein over copyright infringement

By AFP 25-07-23 15:25

Retail giant Hennes & Mauritz has sued its fast-growing rival Shein in a Hong Kong court for copyright infringement, the Swedish fashion juggernaut said Tuesday. Shein, founded in China in 2008, has swiftly claimed a top place in the global fast-fashion marketplace, offering low-priced collections attractive to young social media-savvy customers. H&M confirmed on Tuesday […]

Half of all South Africans are overweight or obese

Half of all South Africans are overweight or obese. Warning labels on unhealthy foods can help change that

By Fazila Olla 24-07-23 11:33

South Africa’s national health department recently invited public comment on regulations for warning labels on food packaging. The regulations specify how pre-packaged food should be labelled. Broadly speaking, “front-of-pack” labels provide information about the overall nutritional quality of foods and beverages. The aim is to allow consumers to make healthier food choices. The proposed rule […]

power cuts SA

Fuel thieves arrested at Eskom power station

By Fazila Olla 24-07-23 11:24

Eskom Senior Shift Supervisor from the Matla Power Station and a heavy fuel oil (HFO) tanker driver were arrested for fraud and theft of the HFO. According to Eskom, the arrests were effected on Wednesday, 19 July 2023, after information was received that tanker drivers were involved in the theft of fuel oil at Matla […]

Five trucks torched in Gqeberha protests over the past month

Five trucks torched in Gqeberha protests over the past month

By Fazila Olla 24-07-23 11:08

Trucks continue to be stoned and set alight on the M17 Addo Road in Motherwell, Gqeberha, bringing the total to five over the last month as protesters from surrounding informal settlements demand the Nelson Mandela Bay municipality supply them with water and electricity. Residents from informal settlements flanking a road freight route to Ngqura have […]

sa rand exchange rate

South African rand dropped after central bank holds interest rates

By Mercury 21-07-23 11:16

Reuters: The South African rand dropped on Thursday afternoon after the central bank held its key interest rate at 8.25% following 10 consecutive rate hikes since 2021, as expected by a majority of economists polled by Reuters. SOUTH AFRICAN RAND DROPS At 1323 GMT, the rand traded at 17.915 against the U.S. dollar, around 0.25% […]

Elon musk

Elon Musk loses R363 billion in 24 hours as Tesla shares tumble

By AFP 21-07-23 10:41

The Nasdaq tumbled on Thursday on selloffs in Netflix and Tesla following mixed earnings, even as the Dow rose for the ninth straight session. The Dow Jones Industrial Average finished at 35,225.18, up 0.5 percent, extending a rally. WATCH | Clifton 4th Beach LIVE webcam: Sunny but cold! The broad-based S&P 500 fell 0.7 percent to 4,534.87, while the tech-rich Nasdaq Composite […]

Eskom vs Special Investigating Unit SIU - National Treasury Budget Speech

Eskom employee, truck driver arrested for theft worth R1 million

By Siso Naile 21-07-23 08:53

An Eskom employee and a female truck driver appeared before the Kriel Magistrate’s Court on a charge of theft and fraud yesterday, Thursday, 20 July. ALSO READ: Another cash-in-transit truck bombed last night in the same vicinity WHO IS THE PAIR ACCUSED OF DEFRAUDING THE POWER UTILITY It’s alleged the pair worked together to defraud […]

Russian President will not attend BRICS Summit

President Vladimir Putin will not attend BRICS Summit in SA

By Fazila Olla 19-07-23 21:43

The Presidency has confirmed that President of the Russian Federation Vladimir Putin will not attend the 15th Summit of BRICS – however, the Russian Federation will be represented by Foreign Minister Sergey Lavrov. “By mutual agreement, President Vladimir Putin of the Russian Federation will not attend the Summit but the Russian Federation will be represented […]

Halala! DJ Sbu’s MoFaya to hit Shoprite shelves after nine years

By Marilynn Manuel 19-07-23 13:56

South African musician turned “hustler” DJ Sbu — real name Sbusiso Leope — has just become one of the country’s most inspirational people. This after he headed online to share some wonderful news with his supporters — his energy drink Mofaya will now be sold inside giant retailer Shoprite. In a heartwarming post, Sbu revealed […]

Dollars

Dollar wobbled near one-year low: Euro climbs to 17-month peak

By Mercury 18-07-23 13:51

Reuters: The dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited fresh catalysts to gauge if the greenback has further downside in the wake of last week’s cooler-than-expected U.S. inflation report. READ MORE: Lebanon central bank governor’s properties seized U.S. DOLLAR WOBBLED NEAR A NEW LOW The U.S. […]

SA Government Notes Fitch’s SA ‘BB-’ Rating

Rating agency affirms SA debt outlook as stable

By Fazila Olla 18-07-23 11:29

Government has noted Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and maintain a stable outlook. According to Fitch, South Africa’s credit rating is constrained by low real gross domestic product (GDP) growth hampered by power shortages, high level of inequality, a high government debt-to-GDP ratio, and a […]

Data privacy: Norway threatens Meta $100,000 daily fine

By AFP 18-07-23 08:33

Norway’s data protection agency said Monday it would ban Facebook and Instagram owner Meta from using the personal information of users for targeted advertising, threatening a $100,000 daily fine if it continues. The business practices of US big tech firms are under close scrutiny across Europe over concerns about privacy, with huge fines handed out […]

Power up with BLUETTI’s innovative energy solutions

Power up with BLUETTI’s innovative energy solutions

By Fazila Olla 17-07-23 16:51

Bluetti, a leading provider of renewable energy storage solutions, is proud to announce the launch of its latest line of cutting-edge products. These innovative products provide individuals and businesses with reliable and sustainable energy storage options, empowering them to embrace a greener and more efficient future. With load-shedding a stark reality throughout winter, South Africans […]

The precarious lives of supermarket grocery delivery drivers

The precarious lives of supermarket grocery delivery drivers

By Fazila Olla 17-07-23 11:35

While many people rave about the ease and speed of supermarket food delivery services, others on social media rant about the numerous delivery motorbikes ploughing the city streets, calling them on Twitter the “new scourge of our country” and “lawless on the road”. Speedy, motorbike-based, supermarket grocery delivery services have increased dramatically since Covid. Checkers […]

3 tips on how social media can help young South Africans looking for work

Looking for work? 3 tips on how social media can help young South Africans

By Fazila Olla 14-07-23 11:42

South Africa has a growing unemployment rate. Statistics show the unemployment rate to be above 60% for those aged 15-24 and over 40% for those aged 25-34 years. Rankings from the World Bank position South Africa as having the highest unemployment rate in the world. This runaway unemployment rate not only creates precarious, limiting circumstances […]

SA Post Office retrench workers

SAPO business rescue puts 1000’s of jobs on the line

By Fazila Olla 13-07-23 11:22

The Post Office joins a string of state-owned entities by going business rescue with yet another government bailout. The South African Post Offices is going into business rescue with yet another government bailout. SAPO has received billions in bailouts over the years without turning a profit. The latest developments mean that thousands of people will lose their […]

Village Collaboration directors Cerné Couzis and Lorraine Emery (left to right) at Vergelegen wine estate in Somerset West.

Stunning Empress protea is helping change lives in Sir Lowry’s Pass

By Jenni Baxter 10-07-23 18:08

A stunning large, bright pink protea, called the Empress, is helping change lives in Sir Lowry’s Pass village. An unexpected sighting of the exquisite protea – which is normally exported abroad – led to a fundraising initiative at Vergelegen wine estate in Somerset West… and it is the income from sales of these magnificent proteas […]

Zakhele Sono

The success story of artisan Zakhele Sono

By GCIS Vuk’uzenzele 10-07-23 17:23

Zakhele Sono (36) believes that choosing to be an artisan was the best decision of his life. He believes that young people should consider artisanship as a viable career choice. Sono, from Nkomazi in Mpumalanga, holds a National Certificate in Engineering and Related Design from the Ehlanzeni Technical Vocational Education Training (TVET) College in kaMaqhekeza, Mpumalanga. ALSO […]

sa rand exchange rate

South Africans are battling with the highest interest rates in a decade

By GCIS Vuk’uzenzele 10-07-23 16:19

With the highest interest rates in a decade, many South Africans are feeling the pinch and are looking for ways of to make ends meet. ALSO READ: Rand Report: Rand finds stability as US debt deal concludes INTEREST RATES July is National Savings Month, the National Credit Regulator (NRC), an agency of the Department of Trade, Industry and Competition responsible for the […]

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