G4S may have a shot at redemption as they are set to enter into a mediation process with the Department of Correctional Services (DCS) following an order from the Gauteng High Court, days before their termination. According to OFM News, G4S is understood to be subcontracted by the Bloemfontein Correctional Contracts (BCC) to run the Mangaung […]

Reuters: The South African rand tumbled over 1% on Tuesday, extending Monday’s losses as global risk-off sentiment increased. At 0905 GMT, the rand traded at 18.0325 against the dollar, about 0.85% weaker than its previous close. SOUTH AFRICAN RAND TUMBLED It had weakened to as much as 18.0884 earlier in the day. The dollar last […]

South Africa’s Competition Commission this week singled-out eight digital retailers for anti-competitive behaviour in SA. The Competition Commission’s Online Intermediation Platforms Market Inquiry was released on 31 July 2023. And, in it, these companies were ordered to provide millions of Rands in support to Small and Medium Enterprises (SMEs). ANTI-COMPETITIVE BEHAVIOUR IN SA The retailers singled-out for […]

The 2023 tax season started on 7 July 2023, and the deadline to submit your tax return is October 23 2023 for individual taxpayers. If you’re unsure how to submit your tax return, or you’ve been reluctant to submit it because you’re worried you might owe the South African Revenue Service (SARS) money, think again. ALSO […]

The Department of Mineral Resources and Energy (DMRE) has announced that the price of all grades of petrol and diesel will increase from Wednesday this week. The price of illuminating paraffin is also expected to rise with the only decrease to be implemented on the price of LP gas. Adjustments to the prices will be […]

The end of apartheid in 1994 and advent of constitutional democracy resulted in major societal changes in South Africa. The aim was to forge a “united and democratic” society. The new nation was to be based on justice and human rights. The country’s constitution commits the government to take remedial action to address the legacy […]

Alas, poor Twitter; we knew it well. Or, at least, we thought we did. Despite never occupying more than 10% of social media’s online presence, western audiences are very aware of the platform. That’s not least because of the way that the mass media echoes and amplifies the controversies and outrage born on Twitter. Well […]

The latest census is expected to be published before October, according to Census Project Director Calvin Molongoana. The last one, the 2011 census, was released more than a decade ago in 2012. The latest census is expected to be released between July and 30 September 2023. The census was last conducted more than a decade ago, […]

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 […]

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 […]

Six directors of a law firm under investigation for misappropriating more than R25-million from their clients have been suspended from practice for six months while the Legal Practice Council (LPC) investigates their role in the matter. The Supreme Court of Appeal has suspended six directors of law firm Chueu Incorporated Attorneys. The firm is under […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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% […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]