Category: Business

Just News | The Congress of South African Trade Unions (COSATU) says it is appalled by the South African Reserve Bank’s callous decision to further impoverish workers with yet another repo rate hike. COSATU reiterated that a cursor reading of the National Credit Regulator’s reports attests to the fact that workers are drowning in debt. […]

Just News | Data compiled by SA Canegrowers shows that the South African sugar industry is set to lose R723 million in 2023 due to load-shedding. With milling giant Tongaat Hulett in business rescue, and the destructive Health Promotion Levy already hampering the industry, these losses are potentially catastrophic for growers and the industry’s workers. […]

Tebogo Msimanga | The National Union of Mineworkers (NUM) applauded the decision taken by the Department of Health to roll out a massive screening, verification, medical examination and payment benefits programme for eligible former mineworkers who contracted tuberculosis and or silicosis while working in certain mines between March 1965 and December 2019. NUM National Health […]

Tebogo Msimanga | The Democratic Alliance (DA) congratulated the class of 2022 matriculants on passing their matric examinations. While the DA disputes the Department of Basic Education’s (DBE) pass rate of 80.1%, opposition party reiterated that it is very proud of every matriculant that successfully graduated. DA Shadow Minister of Basic Education Baxolile Nodada said […]

Just News | British American Tobacco South Africa (“BAT South Africa”) announced that it has begun a consultative process with staff in line with Section 189 (1) of the Labour Relations Act around the restructuring of the business. The company has embarked on this process given further losses in cigarette volumes in South Africa. It […]

Tebogo Msimanga | The National Education, Health and Allied Workers’ Union (NEHAWU) says it is angered by the 18.% electricity tariff granted to Eskom by the National Energy Regulator of South Africa [NERSA]. The energy regulator on Thursday granted the power utility a tariff increment. This tariff increment granted to Eskom occurs against the background […]

Tebogo Msimanga | Power Utility Eskom says Stage 3 load-shedding will be implemented from Tuesday, 27 December 2022 16:00  until 05:00 on Wednesday morning, 28 December. Eskom reiterated that this will be repeated every day for the remainder of the week. “Stage 2 load-shedding will be implemented from 05:00 tomorrow morning until 16:00. This will […]

Just News | Power Utility Eskom confirmed that the South African National Defence Force members will be deployed at some Eskom power stations. Eskom received deployments at 4 sites on Saturday afternoon – Majuba, Camden, Grootvlei and Tutuka power stations. This follows several incidents of theft and sabotage at various power stations. The country has […]