Deputy President Paul Mashatile has urged investors to continue investing in the country as more needs to be done to change the fortunes of the economy and create enough jobs to absorb new labour market entrants. “More than ever before, the Government and the business sector must work together to fund and invest in projects […]

The Gauteng Provincial Government (GPG) is expected to host a jobs fair in an effort to address unemployment in the province. The jobs fair will be launched this Friday, 16 June 2023, in centres across the province. Gauteng Premier Panyaza Lesufi said the initiative will not only address joblessness but also strengthen the provincial government’s capacity. […]

Slapped with massive fines in the European Union for violating data protection laws, Meta is fighting on another front in Kenya, where content moderators, responsible for reviewing violent and hateful posts, have sued the social media giant. THREE COMPLAINTS AGAINST META Since May last year, three lawsuits have been filed against Meta and California-based Sama, […]

The City of Tshwane has once again defaulted in payment of its Eskom debt which has now escalated to just under R1,9 billion as at 9 June 2023. This was revealed by Eskom on Wednesday, 14 June. CITY OF TSHWANE ESKOM DEBT ESCALATES According to the power utility, the March 2023 invoice, which was payable on […]

At the edge of an oasis almost engulfed by the dunes, where the rare caravan still passes, is a desert landscape punctured by holes. The salt pans of Kalala, near Bilma in northeastern Niger, were once an essential stop for traders with their swaying lines of camels. Salt digging, carried on from generation to generation, […]

As reported by The South African website, Elon Musk earlier this year surpassed former US President Barack Obama as the most followed account on Twitter. And the South Africa-born 51-year-old billionaire has continued to widen the gap over Obama – and the rest of the world on the popular social media platform. ALSO READ | ‘The Elon Musk Show’: Q&A with […]

MONEY, MONEY, MONEY: WELCOME TO BILLIONAIRE’S PARADISE Did you know that the world has around 3 112 billionaires? But if one were to go city by city, only one US top dog takes the number one spot for the city with the most billionaires in the world. That honour goes to the famous “concrete jungle where dreams […]

Retail giant Woolworths has alerted customers about a fraudulent website which is advertising unbelievable deals. The website in question came to light after a customer noticed that they were having a 70% sale. Thinking it may be too good to be true, the customer tried shopping for infants and realised that this section on the […]

Ten climate activists, dressed in suits and ties, managed to disrupt Standard Bank’s Annual General Meeting on Monday morning. The group were among about 200 people who gathered outside the head office in Rosebank Johannesburg, demanding that Standard Bank stop investing in fossil fuels. Ten climate activists disrupted Standard Bank’s Annual General Meeting on Monday […]

Presidential spokesperson, Vincent Magwenya, has batted away suggestions that South Africa may be hit with international sanctions due to its non-aligned stance regarding the Russia-Ukraine conflict. Magwenya was addressing the media at the Union Buildings on Monday. Government has repeatedly described its stance as one supporting the emergence of peace between the two countries through […]

More than four years ago, African countries gave the ceremonial push to a deal to scrap internal trade barriers — a historic scheme that would create a continent-wide single market worth trillions of dollars. But African business leaders say cross-border trade remains entangled in customs duties, administrative hurdles and varying national regulations. Costs and delays […]

Eskom issued a statement on Sunday, saying everything was above board in the procurement of the contract that cost the power utility just shy of R1.7 million a month. ESKOM SAID EVERYTHING WAS ABOVE BOARD WITH THE R500M SECURITY CONTRACT It was awarded to Fidelity Services for three months in 2022. ALSO READ: ‘Resignation of André […]

Investigative journalist outfit AmaBhungane has applied to court to urgently reconsider the “gagging order” curbing its reporting on the Moti Group based on “leaked” documents. AmaBhungane has applied to court to urgently reconsider a “gagging order” curbing its reporting on the Moti Group. It says the order, which was granted “in secret”, is a serious […]

More than a year after reserving judgment in an urgent application, Judge Colleen Collis has finally handed down her ruling. It confirms pharmaceutical giant Bayer’s patent rights. More than a year after pharmaceutical giant Bayer brought an “urgent application” to court, judgment has now been handed down. Pharmaceutical giant Bayer had previously obtained an interdict to stop […]

The South African rand jumped on Thursday, clinging to gains made since the start of the week on a weakening dollar and encouraging domestic data. Reuters: The South African rand jumped on Thursday, clinging to gains made since the start of the week on a weakening dollar and encouraging domestic data. SOUTH AFRICAN RAND JUMPED […]

E-hailing services Bolt and Uber will only enter Soweto malls if they are dropping off and picking up the elderly and disabled. E-hailing services Bolt and Uber have been banned inside Soweto malls for the next three months. This was revealed by Member of Mayoral Committee for Public Safety in the City of Johannesburg, Mgcini Tshwaku […]

10bet South Africa is a well-known name in the world of sports betting, and the recent announcement of its new sportsbook 2023 release has caused quite a stir in the betting industry. The launch of this new platform promises to bring a wealth of new features and innovations to the betting scene, which could potentially […]

A total of 16 distinct car models are currently being made by nine major vehicle manufacturers in South Africa. ALSO READ: LIST: Vehicles that are mostly targeted in hijackings in South Africa CAR MANUFACTURING CONTRIBUTING TO GDP After their downfall in 2020 and 2021 due to the Covid-19 pandemic, the local manufacturing industry bounced back and […]

South Africa is in the middle of a severe electricity crisis, with enforced power cuts that have worsened every year. Electricity is sometimes unavailable for 10 hours a day. The shortfall is the consequence of frequent breakdowns at its ageing coal power plants, which constitute 74% of the country’s generating capacity. In theory, improving the […]

The ongoing energy crisis in South Africa is affecting every corner of the economy, raising the cost of operating and ultimately petrol prices for consumers. ALSO READ: Fuel price update: June petrol and diesel prices PROFIT GOES DOWN WITH LOAD SHEDDING Load shedding has led to certain petrol stations not being able to afford to […]

South Africa’s agriculture has had great consecutive seasons since 2019/20. The sector’s gross value added grew by 14.9% in 2020, 8.8% in 2021 and modestly by 0.3% in 2022. This was primarily supported by favourable weather conditions. The current season is also likely to deliver solid growth for the sector, with variation across sub-sectors. We […]

World Food Safety Day which is commemorated annually on 7 June –  throws the spotlight on food safety awareness and the steps required to prevent, detect and manage foodborne risks and illnesses. Food safety refers to handling, preparing, transporting and storing of foodstuffs in a way that best reduces the risk of persons becoming sick […]

Money makes money and these 10 people have made a lot of it over the years. Here is a list of the 10 richest people in the world today. ALSO READ: Rand Report: Rand finds stability as US debt deal concludes The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is […]

Leonard Ramatlakane reportedly used the entity’s Cape Town property meant for company executives to house his family since December. The Department of Transport has announced that it has relieved Passenger Rail Agency of South Africa(PRASA) board member and Chairperson Leonard Ramatlakane of his duties. LUXURY LIVING The decision comes after an investigation revealed that Ramatlakane […]

As cost of living keeps getting worse in South Africa, citizens are looking to relocate to the three provinces with main economic hubs in the country. ALSO READ: South Africa warned of food security issues that may lead to riots RELOCATING TO BETTER LIVES AND JOB OPPORTUNITIES Recent reports show that ongoing urbanisation which is fueled […]