Flight price hikes on the way? Well, the DA thinks so as the aviation fuel levy was reportedly increased without consultation. The Democratic Alliance (DA) says it is concerned about the consequences of a proposed newly increased aviation fuel levy, particularly its impact on airlines, charters, and passengers. The amendment to the South African Civil Aviation […]

Eskom is expected to implement Stage 4 and 5 load shedding over the coming week. Stage 4 will be implemented during the day with Stage 5 between 4pm and 5am. By Sunday afternoon some 18 144MW of generating capacity was offline due to breakdowns and maintenance outages rendered at least 3427MW offline. “Over the past 24 […]

President Cyril Ramaphosa has congratulated Turkish President, Recep Tayyip Erdoğan, after he was re-elected to office in a runoff election. Erdoğan has been President of the European country since 2014. “Türkiye held its presidential and parliamentary elections on 14 May 2023, followed by a runoff in the presidential election on Sunday, 28 May 2023. President […]

Negotiations will go to a fourth round in June after NUM, NUMSA, and Solidarity rejected Eskom’s latest wage offer. Eskom and its three recognised trade unions – NUM, NUMSA and Solidarity – wrapped up the third round of salary negotiations on Thursday, 25 May. All unions rejected the power utility’s latest offer. READ: Prepare for more […]

One repeated theme of the memoir Truth to Power: My Three Years Inside Eskom, by Andre de Ruyter, former CEO of South Africa’s troubled power utility, Eskom, is that “negligence and carelessness had become cemented into the organisation”. Dirt piled up at even the newest power stations until it damaged equipment, which stopped working – […]

The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 50 basis points to 8.25%. The increase means that the repo rate will now be 8.25% per year from 26 May 2023, with prime now at 11.75%. This was announced by South African Reserve Bank (SARB) Governor Lesetja […]

One repeated theme of the memoir Truth to Power: My Three Years Inside Eskom, by Andre de Ruyter, former CEO of South Africa’s troubled power utility, Eskom, is that “negligence and carelessness had become cemented into the organisation”… writes Keith Gottschalk, University of the Western Cape. (Read full synopsis at bottom of article.) Dirt piled […]

Moët Hennessy Louis Vuitton (LVMH) CEO Bernard Arnault, the world’s richest man, lost $11.2 billion (R216 billion) in 24 hours this week. ALSO READ | Elon Musk: Did you know he is a father of 10? However, the 74-year-old Frenchman is still wealthier than South Africa-born Elon Musk. Musk remains the second richest man in the world with […]

The inflation statistics revealed by StatsSA on Wednesday are not merely numbers – they are glaring symptoms of an unrelenting cost of living crisis gnawing at the core of South African households, according to the DA. DA Shadow Minister of Finance Dr Dion George says the official inflation rate, which surpassed 6.8% on a year-to-year […]

The Road Accident Fund (RAF) is refusing to hand over crucial documents required in a court challenge by the Law Society of South Africa (LSSA) and the National Council of and for Persons with Disabilities (NDPD) against drastic changes to what the fund will pay road accident victims. The Law Society of South Africa and […]

Cape Town Mayor Geordin Hill-Lewis has concluded a signing agreement to make Cape Town and Nairobi sister cities, with a shared mission to be the ‘undisputed economic hubs’ of their respective regions on Tuesday. The ceremony took place in Nairobi with the Governor of Nairobi City County Johnson Sakaja in attendance. Mayor Hill-Lewis was adamant […]

Reuters: The South African Rand strengthened on Monday amid relief that South Africa’s credit rating was not downgraded and bets on a large interest rate hike, with a central bank announcement the main focal point of the week. SOUTH AFRICAN RAND STRENGTHENED At 1001 GMT, the rand traded at 19.2500 against the dollar, about 1.08% […]

An indigenous South African plant, the Agapanthus Blackjack, has been named the Plant of the Year at the prestigious Chelsea Flower Show in London, UK! Andy de Wet, who has been instrumental along with Quinton Bean in producing the plant, announced on Facebook: “WE WON!!!! Agapanthus BLACKJACK! Plant of the year at the Chelsea Flower […]

A trading account is necessary for investors and traders who want to participate in the financial markets. It lets you buy and sell stocks, bonds, options, and other financial instruments. With so many different trading accounts available, choosing the right one for your needs can be overwhelming. In this article, we will discuss the different […]

One of the biggest challenges that business owners face is budgeting for future investments and ensuring that the company has enough money. Running a company is no easy feat. Just ask any new entrepreneur who had to neglect their social life in order to stay late at work and take care of the paperwork. It […]

Tourism body warned that this would threaten species and actually lose money for the Zambian economy. Excavation for a vast open cast copper mine in the heart of the Lower Zambezi National Park has begun. The bulldozers’ move into Zambia’s pristine wildlife sanctuary and famous tourist attraction follows a decade-long fight by activists trying to […]

Infrastructure-led development is one of the main focus in Africa. The African Union’s flagship Agenda 2063 initiative prioritises it. Infrastructure-led development is one of the main focus in Africa. The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and air”. This is being […]

Those South Africans in debt are set to face further pain later this week with interest rates wildly expected to be hiked. Those South Africans in debt are set to face further pain later this week with interest rates wildly expected to be hiked. WIN | SOCCER QUIZ | FIVE simple answers could win you R500 […]

Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming increasingly difficult to keep financially afloat. On top of that, salaries aren’t keeping up with inflation, making it more difficult to save and build […]

Excavation for a vast open-cast copper mine in the heart of the Lower Zambezi National Park has begun. The bulldozers’ move into Zambia’s pristine wildlife sanctuary and famous tourist attraction follows a decade-long fight by activists trying to stop the mining. The move follows an about-turn by Zambia’s government environmental agency and by President Hakainda […]

The Supreme Court of Appeal has refused the Observatory Civil Association (OCA) permission to appeal the Western Cape High Court’s order dismissing the OCA’s application to interdict the River Club development. The City of Cape Town welcomes the SCA’s decision to protect this vital development that will hold enormous heritage, environmental, economic, infrastructural and other […]

Privately-owned airline, Airlink has announced that it will be increasing frequencies on a few local routes in South Africa. AIRLINK: MORE FLIGHTS TO MBOMBELA AND BLOEMFONTEIN In response to the demand for MORE flights on certain South African routes, Airlink will be upping frequencies. The additional flights will be on the Cape Town to Mbombela […]

Each month, 7.5% of workers’ salaries are deducted by the Post Office as a contribution to the Post Office Retirement Fund. The employer’s contribution is supposed to be 13.55% of each worker’s salary. But for three years, neither amount has been paid in by the South African Post Office (SAPO). The Post Office has been […]

GroundUp has received an instruction from its US-based internet hosting service to take down one of its own stories about dodgy lawyer Lesley Ramulifho after it received a breach of copyright complaint. Failure to comply would result in access to GroundUp’s website being restricted, GroundUp was warned in an email from Akamai Cloud Computing Services. […]

The National Department of Transport announced on Thursday that South Africa has granted Turkey’s Karpowership access to the three ports of Ngqura, Durban and Saldanha Bay for 20 years. The statement said the Minister approved the application on 26 February 2023, in consultation with and supported by the Transnet National Ports Authority (TNPA). The Turkish-owned […]