Dr Patrick Soon-Shiong

SA Expat Dr Pat Soon-Shiong Pledges R3 Billion for Vaccine Development in South Africa

By SAPeople Contributor 24-09-21 01:01

The South African government has welcomed the R3-billion commitment, to transfer the latest technology for producing vaccines and biological therapies to South Africa, announced by SA expat Dr Patrick Soon-Shiong on Wednesday. Dr Soon-Shiong, who is a South African born biotechnology entrepreneur, now based in the United States, made the exciting announcement during a meeting […]

Nkosazana Dlamini-Zuma ANC

South Africa’s National State of Disaster Extended Until June

By SAPeople Contributor 14-05-21 14:26

Cabinet has approved the extension of the National State of Disaster on COVID-19 until 15 June 2021. “The extension considers the need to continue augmenting the existing legislation and contingency arrangements undertaken by organs of state to mitigate against the impact of the disaster on lives and livelihoods,” a statement released after this week’s Cabinet […]

whatsapp privacy policy

Call for WhatsApp to Revise Privacy Policy in South Africa

By SAPeople Contributor 14-05-21 14:07

The Information Regulator of South Africa has after correspondence, written to WhatsApp LLC requesting the company to revise its privacy policy in South Africa to the standard used in the European Union (EU). On 15 May 2021, WhatsApp will require users to accept new terms and conditions for using the app. In a statement released […]

forex trading

Is Forex Trading Easier Than Stocks?

By SAPeople Contributor 13-05-21 14:04

When people think of trading, the first associations are currencies and stocks. Both are accessible in South Africa, even from a smartphone. At the moment, FXTM stock trading is increasingly popular. But is it the best path for everyone? Two Popular Markets The foreign exchange is the largest financial market with a stunning daily volume […]

municipal elections

IEC Announces Municipal Election Voter Registration Date

By SAPeople Contributor 13-05-21 10:57

The Electoral Commission (IEC) has announced voter registration for the October Local Government Elections will be held on the weekend of 17-18 July 2021. In a statement, the Commission said on this weekend all 23 146 voting stations around the country will open from 8am to 5pm to assist new voters to register and existing […]

gaming

What the Future Holds For the African Gaming Market

By SAPeople Contributor 12-05-21 15:48

When talking about Africa’s gaming market specifically, or about its economy in general, two trends are of essential importance. The first is the huge size of the African youth population – there are even indications that it might double over the next several decades. The other important fact is that the mobile phone market is […]

SA's R90-Billion Taxi Industry Only Pay R5-Million in Tax

SARS Claims It Is Attending to Tax Avoidance in the Minibus Taxi Industry

By SAPeople 12-05-21 15:27

“Plans are afoot” for the South African Revenue Services (SARS) to address tax avoidance in the country’s minibus taxi industry, Finance Minister Tito Mboweni has revealed. Tax avoidance, the Minister said in a Parliamentary response, was, however, across the tax ecosystem in general. In an effort to address this, the revenue collector is adopting a […]

SA's R90-Billion Taxi Industry Only Pay R5-Million in Tax

SA’s R90-Billion Taxi Industry Only Pay R5-Million in Tax

By SAPeople 11-05-21 15:20

While South Africa’s minibus taxi industry is demanding government subsidies, it has emerged that the entire industry pays only R5-million in taxes. The Minister of Finance revealed, during a reply to a DA Parliamentary question, that only approximately R5 million in tax is collected from the entire minibus taxi industry in South Africa. In response, […]

Simphiwe Dana

Lottery Fast-Tracked R500,000 Grant for Simphiwe Dana’s Extravaganza

By SAPeople 10-05-21 21:22

Funding was awarded just weeks after the company was registered, and after the event took place. By Raymond Joseph… The National Lotteries Commission (NLC) awarded a half-a-million rand grant to a brand new nonprofit company just two weeks after it was registered, to help pay for a music extravaganza staged by acclaimed South African singer, […]

South Africa’s carbon emission

South Africa’s Carbon Emission Targets Not Nearly Ambitious Enough

By SAPeople Contributor 10-05-21 14:56

To hear President Ramaphosa’s 22 April address to the Virtual Leaders’ Summit on Climate Change, you’d think South Africa were going “above and beyond” when it comes to addressing the climate crisis. Not so. SA’s long-awaited draft updated Nationally Determined Contribution (NDC) closed for written public comment on 30 April. The NDC is our country’s pledge to take action […]

Female Mechanic Constable Thulile Gwala breaking gender stereotypes. Photo: SAPS

Police Constable Celebrated for Breaking Gender Stereotypes in SA

By SAPeople 10-05-21 10:53

A police constable in KwaZulu-Natal, South Africa, is being heralded for breaking barriers and proving the might of a woman. Constable Thulile Gwala is employed as an artisan, and the first female mechanic, at Eshowe Mechanical Services where she knows her way around motor vehicles… and is quite literally putting a spanner in the works! […]

Click to buy acquire Pick n Pay Pharmacies

Clicks Plans to Buy 25 Pick N Pay Pharmacies

By SAPeople 10-05-21 09:53

JOHANNESBURG (Reuters) – South African pharmacist Clicks said on Monday it plans to acquire 25 in-store pharmacies, their drug stocks and staff from retailer Pick N Pay. In a joint statement the companies said the sale, subject to regulatory approvals, would not have a material impact on the earnings or financial position of either of […]

US-Support-Vaccine-IP-Waiver

Ramaphosa Welcomes Biden’s Support for Waiver of Vaccine IP Restrictions

By SAPeople 06-05-21 18:22

President Cyril Ramaphosa has welcomed the support of United States President Joe Biden and Vice-President Kamala Harris for a temporary and targeted waiver of intellectual property protections that apply to COVID-19 vaccines. The United States government on Wednesday said that the COVID-19 pandemic is a global health crisis that calls for extraordinary measures. The United […]

People work at ''The Faktory", a fashion design and clothing manufacturing company in Johannesburg, South Africa, March 4, 2021. REUTERS/Siphiwe Sibeko

New Business in South Africa Expands at Strongest Rate in 9 Years

By SAPeople 05-05-21 14:48

JOHANNESBURG (Reuters) – South African private sector activity expanded at its strongest rate in nine years in April, as buoyant customer demand pushed new orders higher and business confidence and employment rose, a survey showed on Wednesday. “April PMI (Purchasing Managers’ Index) data signified a sharp acceleration in the economic recovery from COVID-19 across South […]

Dollars

South Africa’s Rand Slips as Dollar Regains Footing

By SAPeople 04-05-21 11:14

JOHANNESBURG (Reuters) – South Africa’s rand weakened early on Tuesday, as the dollar rebounded from a fall in the previous session triggered by weaker-than-expected U.S. economic data. At 0630 GMT, the rand traded at 14.4525 against the dollar, 0.35% weaker than its previous close. The dollar drifted higher, pausing a monthlong decline as investors consider […]

Bill Gates and Melinda Gates have announced their

Bill Gates Divorce: Bill and Melinda in Shock Split

By SAPeople 04-05-21 00:19

Bill Gates and Melinda Gates have announced their intention to divorce. In a joint statement, the multi-billionaire couple who had been married for 27 years, said they will keep working together on their philanthropic work. Bill, who founded Microsoft, and Melinda, which whom he co-founded the Bill and Melinda Gates Foundation, said in their statement […]

Deputy President David Mabuza sanews

SA’s Deputy President Mabuza Should Step Aside After Eskom Scandal

By SAPeople Contributor 03-05-21 16:28

South Africa’s opposition party, the DA (Democratic Alliance), says it notes the report by News24 that a foundation registered to Deputy President David Mabuza received a “strategic donation” of R30 million from General Electric through Eskom in 2016 when he was still the Mpumalanga premier. “If the ANC is consistent in the application of its own […]

fuel price update

Petrol Price in South Africa Comes Down in May

By SAPeople Contributor 03-05-21 11:56

The price of petrol in South Africa is set to come down by nine cents a litre as of Wednesday, the Department of Mineral Resources and Energy (DMRE) has announced. The price of 95 (ULP and LRP) and 93 (ULP and LRP) will come down by 9 cents a litre. This means that a litre […]

Vials labelled "Moderna, Johnson&Johnson, Pfizer - Biontech coronavirus disease (COVID-19) vaccine" are seen in this illustration picture. REUTERS/Dado Ruvic

Pfizer to Supply 4.5 Million Doses to South Africa by June

By SAPeople 02-05-21 21:05

(Reuters) – Pfizer Inc will ship 4.5 million doses of COVID-19 vaccine to South Africa by June, Health Minister Zweli Mkhize said in a statement on Sunday. The first batch of 325,260 doses is arriving in the country Sunday night, Mkhize said, adding that they will be expecting same number of doses to arrive on […]

Yemen Denel South Africa war crimes

Calls for Gordhan to Answer Over Denel’s Involvement in Yemeni War

By SAPeople 02-05-21 10:06

The DA says it will write to the Chairperson of the Portfolio Committee on Public Enterprises to request that Minister Pravin Gordhan appear before Parliament to answer for the role of Rheinmetall Denel Munition (RDM) in the humanitarian civil war in Yemen, a war that has left at least 12 million children requiring humanitarian aid. […]

A South African Airways (SAA) plane is towed at O.R. Tambo International Airport in Johannesburg, South Africa, January 18, 2020. REUTERS/Rogan Ward/File Photo

South African Airways Exits Business Rescue After 17 Months

By SAPeople 01-05-21 10:30

JOHANNESBURG (Reuters) – South Africa’s struggling national airline South African Airways (SAA) on Friday exited business rescue (a form of bankruptcy protection) after roughly 17 months. Its administrators said in a statement that they had filed a notice of “substantial implementation” of a business rescue plan with South Africa’s Companies and Intellectual Property Commission. SAA […]

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