The City of Johannesburg spent R15.6-million on the Lehae taxi rank in south Johannesburg. But the taxi rank, and its stalls for informal traders and guard house, have been wrecked by vandals. The toilets and urinals have been smashed, the lights are broken, zinc roofing has been stolen, and the shelters built for traders badly […]

In the face of rejection from major retailers, two determined entrepreneurs from Pretoria have taken matters into their own hands. With major retailers rejecting their products, two Pretoria entrepreneurs took it upon themselves to open their own shop. Today, the start-up retails over 500 products produced locally by inventors facing a similar challenge. The frustration […]

Basadi E-Waste, an innovative recycling company owned by Kgothatso Ndema, is making waves in South Africa’s e-waste sector. Basadi E-Waste recycling company is driven by a woman who is determined to recycle electronics of Information Technology (IT) equipment. This innovative e-waste company is owned by Kgothatso Ndema (33) from Soshanguve, Gauteng. ALSO READ: City of Ekurhuleni […]

As the Sterling rises against a weaker dollar on Tuesday, stickier than expected British inflation remains in focus ahead of a quiet week for the country’s data calendar. Reuters: As the Sterling rises against a weaker dollar on Tuesday, stickier than expected British inflation remains in focus ahead of a quiet week for the country’s […]

Families in Vosho informal settlement in Khayelitsha say sand being moved by a sand mining project nearby is making their homes uninhabitable. A sand mining company operating in Khayelitsha, Cape Town, has suspended operations after shack dwellers complained their homes are filled with sand and have become inhabitable. The company was granted a permit by […]

Public Enterprises Minister Pravin Gordhan says the sale of shares in South African Airways (SAA) was aimed at ensuring that the State-owned airline is saved and does not undergo liquidation. Gordhan was addressing Parliament’s Standing Committee on Public Accounts (SCOPA) on Tuesday. A Strategic Equity Partnership with Takatso Consortium is expected to pave the way […]

South American carrier, LATAM Airlines, who will be returning to SA skies this year, has announced a new partnership with Airlink. LATAM AIRLINES AND AIRLINK SIGN AGREEMENT Pan-South American airline LATAM Airlines have signed a new interline agreement with private South African carrier, Airlink. The interline agreement signed between the two airlines now means that […]

The Department of International Relations and Cooperation (DIRCO) announced on Tuesday that it will provide diplomatic immunity to all attendees of the two meetings involving BRICS. DIRCO issued a notice in the government gazette on Monday in terms of the Diplomatic Immunities and Privileges Act for the upcoming BRICS (Brazil, Russia, India, China and SA) […]

Animal welfare organisations are celebrating the National Lotteries Commission’s (NLC) decision to include animal welfare in its call for applications for funding in 2023/24. The National Lotteries Commission has reintroduced animal welfare funding in its call for applications for 2023/24 after it withdrew funding for 2022/23. Animal welfare organisations are celebrating the reintroduction of lotteries […]

With over R250billion bailout from National Treasury, Eskom is unable to fund the project themselves and working on finding funds. As the country suffers from continued blackouts, the National Energy Regulator has approved Eskom’s plan to build a 3000 megawatt gas power plant in Richards Bay. The Power plant which Eskom plans to join the […]

Solidarity emphasised the importance of selecting a CEO who will prioritise Eskom’s best interests and resist political interference. Afriforum-linked trade union Solidarity threw its weight behind one of the individuals on Eskom’s Chief Executive Officer shortlist. At least three names on the list have become public knowledge through media reports. READ: REVEALED – here’s who is […]

The City of Joburg says it will be excluding key customers, essential services and some businesses from loadshedding, DETAILS: ​The City of Joburg says it will be excluding key customers, essential services and some businesses from loadshedding in an effort to protect livelihoods, attract investments and increase the economy within the City, where network configurations allow. […]

Several controversial figures were reportedly interviewed for the Eskom CEO post earlier this month, replacing Andre De Ruyter. As Eskom continues battling to keep the lights on, the power utility is, at the same time, on the hunt for a new Group CEO. Eskom announced Calib Cassim as its Interim Group Chief Executive Officer after […]

China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a contentious issue both for Beijing and African governments. In particular, mega projects funded by China have resulted in public controversies about […]

Eskom announced that Stage 6 load shedding will be implemented from 16:00 until 5:00 until further notice. National power utility Eskom will implement Stage 6 load shedding on Monday, 29 May. Delays in returning generation units to service was cited as the reason for the escalation in the severity of the power cuts. READ MORE: Andre de […]

The powers given to the Minister of Electricity, Kgosientsho Ramokgopa can be viewed as a platform to herald innovation… writes Godfrey Sigwela. Ramokgopa would be able to apply and display what made him be appointed the Minister of the country’s most limited resource, electricity. Already the Minister has mentioned his intention to apply sophisticated technology […]

Companies with the biggest market capitalisation in 2023 that have a significant impact on the South African economy. The top 10 companies with the biggest market capitalisation at JSE in 2023 are all major players in their respective industries and have a significant impact on the South African economy. The Johannesburg Stock Exchange (JSE) is the largest […]

Since Russia’s invasion of Ukraine in February 2022 South Africa has proclaimed a policy of non-alignment in that conflict. This position was placed in doubt when US Ambassador Ruben Brigety claimed recently that he had evidence that South African arms and ammunition were loaded on a Russian ship in December 2022. Brigety concluded that South […]

Flight price hikes on the way? Well, the DA thinks so as the aviation fuel levy was reportedly increased without consultation. The Democratic Alliance (DA) says it is concerned about the consequences of a proposed newly increased aviation fuel levy, particularly its impact on airlines, charters, and passengers. The amendment to the South African Civil Aviation […]

Eskom is expected to implement Stage 4 and 5 load shedding over the coming week. Stage 4 will be implemented during the day with Stage 5 between 4pm and 5am. By Sunday afternoon some 18 144MW of generating capacity was offline due to breakdowns and maintenance outages rendered at least 3427MW offline. “Over the past 24 […]

President Cyril Ramaphosa has congratulated Turkish President, Recep Tayyip Erdoğan, after he was re-elected to office in a runoff election. Erdoğan has been President of the European country since 2014. “Türkiye held its presidential and parliamentary elections on 14 May 2023, followed by a runoff in the presidential election on Sunday, 28 May 2023. President […]

Negotiations will go to a fourth round in June after NUM, NUMSA, and Solidarity rejected Eskom’s latest wage offer. Eskom and its three recognised trade unions – NUM, NUMSA and Solidarity – wrapped up the third round of salary negotiations on Thursday, 25 May. All unions rejected the power utility’s latest offer. READ: Prepare for more […]

One repeated theme of the memoir Truth to Power: My Three Years Inside Eskom, by Andre de Ruyter, former CEO of South Africa’s troubled power utility, Eskom, is that “negligence and carelessness had become cemented into the organisation”. Dirt piled up at even the newest power stations until it damaged equipment, which stopped working – […]

The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 50 basis points to 8.25%. The increase means that the repo rate will now be 8.25% per year from 26 May 2023, with prime now at 11.75%. This was announced by South African Reserve Bank (SARB) Governor Lesetja […]

One repeated theme of the memoir Truth to Power: My Three Years Inside Eskom, by Andre de Ruyter, former CEO of South Africa’s troubled power utility, Eskom, is that “negligence and carelessness had become cemented into the organisation”… writes Keith Gottschalk, University of the Western Cape. (Read full synopsis at bottom of article.) Dirt piled […]