South Africa’s Eskom Narrows Funding Gap With $1.1 Billion Loan

By Reuters 04-02-19 10:20

South Africa’s struggling state power firm Eskom moved a step closer to narrowing a funding gap for the financial year which ends in March by agreeing to a 15 billion rand ($1.1 billion) loan with a local and international bank on Friday. Eskom is vital to the health of Africa’s most industrialised economy as it […]

Exxaro Aims to Double Coal Exports Through Richard’s Bay by 2023

By Reuters 04-02-19 00:10

South African coal miner Exxaro aims to double its coal exports through the Richard’s Bay export terminal by 2023, from 8 million tonnes a year at present, Nombasa Tsengwa, executive head of Exxaro’s coal operations, said on Thursday. (Reporting by Wendell Roelf; Writing by Alexander Winning; Editing by Susan Fenton)

Hawks Investigator Sentenced for Fraud, Money Laundering

By SAPeople Contributor 03-02-19 23:36

The National Head of the Directorate for Priority Crime Investigation, the Hawks, Lieutenant General Godfrey Lebeya has expressed disappointment in the conduct of an officer who was convicted for fraud and money laundering. “It is disappointing that some officers still involve themselves in criminal activities. We hope [the conviction] serves to remind those within our […]

Exceptional Collection of Old South African Books Goes on Auction

By SAPeople 03-02-19 19:12

An advantage of book auction sales is that they renew the stream of collectable books coming onto the market and give a fresh spurt to book collecting. New book collectors are encouraged to join the book community. Old book collectors have the opportunity to acquire that elusive appealing title on the wish list… writes Kathy […]

Ramaphosa Says Driehoek School Tragedy “Touches ALL South Africans”

By SAPeople 02-02-19 17:06

President Cyril Ramaphosa has offered his “deepest sympathy” to the families and friends of the three young South Africans who died at their school – Driehoek High School in Vanderbijlpark – in Gauteng yesterday. He also wished the 23 injured learners a speedy recovery following the tragedy yesterday where part of the school infrastructure – […]

WATCH EFF Manifesto Launch – “Let Us Unite… We Need the Cross”

By SAPeople 17-12-20 01:34

Watch Economic Freedom Fighter leader Julius Malema at the EFF Manifesto Launch on Saturday in Pretoria. He has said: “We don’t want blood. Blood will not ever make the EFF government… we don’t need war… we need the cross… “Let’s paint Gauteng red. South Africa must be red. Every Friday we wear red until the […]

ALL PIC Board Members Resign After Finance Minister Discovers Shocking Emails

By Reuters 02-02-19 00:27

JOHANNESBURG – The entire board of South Africa’s state-owned state pension fund, the Public Investment Corporation (PIC), resigned on Friday, citing instability at the firm following corruption allegations against at least four directors. “These events have been unbearable to us as individuals,” the board said in a letter to the Finance Minister Tito Mboweni. “It’s […]

Condolences to Hoërskool Driehoek Families After School Walkway Tragedy

By SAPeople Contributor 01-02-19 17:02

Gauteng MEC for Education Panyaza Lesufi has on behalf of national and provincial government extended sincere condolences to the families of learners who died after a walkway collapsed at Hoërskool Driehoek in Vanderbijlpark on Friday morning. Three learners were killed and 23 sustained injuries after a bridge, which connected two buildings, collapsed and trapped several […]

South African SONA Date Confirmed – 7 February

By SAPeople Contributor 01-02-19 16:18

It’s all systems go for President Cyril Ramaphosa’s State of the Nation Address (SONA), to be delivered at 7pm on 07 February 2019. President Ramaphosa will be delivering his second SONA after taking over the reins in February 2018. The SONA will be the last of the fifth administration, due to the elections later this […]

President Ramaphosa Named 2018 Newsmaker of the Year

By SAPeople Contributor 01-02-19 14:49

The National Press Club has named President Cyril Ramaphosa as the 2018 Newsmaker of the Year. This annual award, hosted by the National Press Club since 1980, awards a newsmaker in a calendar year based on the amount of media coverage received as well as the impact thereof. Nominations and motivations are received from members […]

South Africa Participates in World Read Aloud Day

By SAPeople Contributor 01-02-19 16:35

South Africans across the country will today participate in World Read Aloud Day which is dedicated to highlighting the importance and power of reading aloud and sharing stories with children. The day will see South Africa attempting to break the Read-Aloud record by reaching 1.5 million children today. Spearheaded by Nal’ibali – this year’s story […]

SABC South African Broadcasting Corporation

SABC Scraps Plan to Lay off Nearly 1,000 Staff

By SAPeople Contributor 01-02-19 14:35

JOHANNESBURG – The SABC (South African Broadcasting Corporation) has scrapped a plan to lay off nearly 1,000 staff, and says it will find other ways to save money after the government said it was reducing financial support. Last year, a parliamentary inquiry found widespread corruption and mismanagement at the SABC and recommended its board be […]

How Easy Access to Alcohol, and Adverts, Affect Women in South Africa

By SAPeople Contributor 01-02-19 10:41

Public health research suggests that concerns about alcohol advertising and accessibility warrant strong regulatory action. Alcohol is a major contributor to the global burden of disease. It’s also a key risk factor for preventable illness and death in Africa. For example, alcohol consumption during pregnancy is associated with many adverse effects on children. These include […]

New Web Tool for Small Businesses, Entrepreneurs

By SAPeople Contributor 01-02-19 10:39

A free-to-use web tool, which helps smaller businesses with labour relations processes and matters, has gone live. The tool is a joint initiative of the Commission for Conciliation Mediation and Arbitration (CCMA) and Business Unity South Africa (BUSA). It allows entrepreneurs to source information on how to recruit staff; how to manage employees and build […]

South Africa’s Edcon Needs $226 Million Over 3 Years to “Fix” Business

By Reuters 01-02-19 03:45

South African retailer Edcon needs R3 billion ($226 million) in funding over the next three years to “fix” the business, its chief executive Grant Pattison said on Thursday. Edcon has been grappling with an over-leveraged capital structure for several years, after troubles in its credit business in 2014 coincided with an economic slowdown and weak […]

Protests Over Vodacom’s “Please Call Me” Compensation

By SAPeople 31-01-19 22:15

JOHANNESBURG – A settlement offered by South African mobile telecoms provider Vodacom to a former employee drew tens of protesters on Thursday calling for a better deal. Vodacom was ordered in 2016 by the country’s top court to pay Nkosana Makate for his role in creating the company’s call-back messaging service. The Constitutional Court did […]

Local Producers to Partake in German Fruit Fair

By SAPeople Contributor 31-01-19 13:02

South African fruit and vegetable exporting companies will show off their wares at the upcoming Fruit Logistica Trade Fair in Germany. The trade fair will get underway on Tuesday 5th February in the country’s capital, Berlin. “The Fruit Logistica Berlin, which is regarded as the world’s leading international trade fair for the fresh fruit and […]

De Kock Bludgeons South Africa to Series Win over Pakistan

By SAPeople Contributor 31-01-19 11:08

Quinton de Kock scored a rapid half-century as South Africa defeated Pakistan by seven wickets at Newlands to claim the five-match one-day series 3-2 on Wednesday. Opener De Kock bludgeoned 83 from 58 balls as South Africa chased down their victory target of 241 with 10 overs remaining for a convincing win that will be […]

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