SA grants Turkey's Karpowership to deal with load shedding

South Africa grants Turkey’s Karpowership deal to ease the load shedding crisis

By Fazila Olla 19-05-23 11:31

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 […]

US trade with Africa

Industrial policy: US laws to promote African industries

By Mimi Mfundisi 18-05-23 21:04

The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and […]

FoodForward SA implements new initiative to fight malnutrition in SA’s children

NPO implements new initiative to fight malnutrition in SA’s children

By Fazila Olla 18-05-23 11:49

  Registered NPO FoodForward SA (FFSA), launched its Mother and Child Nutrition Programme, this week in Khayelitsha, Cape Town. The child-centred food intervention will be implemented in collaboration with Philani Nutrition Centre and is aimed at addressing the growing problem of malnutrition, especially during the first 1,000 days of a child’s life, in food-insecure households. […]

tshwane firefighters discover bodies

Semigration: Why SA home buyers are moving to Pretoria

By Hennely Nel 17-05-23 16:46

The semigration trend from Gauteng to other parts of the country – particularly the coastal regions of the Western Cape, Eastern Cape and KwaZulu-Natal – is creating massive property-investment opportunities in South Africa’s economic powerhouse province, with Pretoria performing particularly well. According to BetterBond’s first quarterly report for 2023, viewed from the perspective of first-time homebuyers, it […]

Drop in support from government is “devastating” for community newspapers

Drop in support from government is “devastating” for community newspapers

By Fazila Olla 17-05-23 11:12

Dwindling advertising from government is hitting community newspapers and stifling media diversity, says Mbali Dhlomo, editor of Intuthuko Newspaper in Durban. Advertising support from the government to community newspapers has been dwindling and, in some cases, has completely stopped. Community newspapers fear this could lead to further closures. The Association of Independent Publishers says these […]

milo designs

Consumers warned to exercise caution when dealing with Milo Designs

By Fazila Olla 17-05-23 10:42

The National Consumer Commission (NCC) has warned South African consumers to exercise caution when dealing with Milo Designs. The supplier seems to be a scam purporting to be an online store that designs and sells furniture, using different social media platforms. This comes after complaints from consumers alleging that they have been scammed by Milo […]

Loadshedding in South Africa

Eskom denies South Africa in danger of imminent blackout

By Jenni Baxter 16-05-23 21:34

Eskom said in a statement on Tuesday evening that it notes « with concern various social media posts claiming that the country will soon experience a blackout or collapse of the national electricity grid. Eskom refutes these claims and would like to assure South Africans that there are measures in place to avoid the collapse […]

africa most powerful currencies

South African rand regains some ground against the US Dollar

By Mimi Mfundisi 16-05-23 11:47

The South African rand firmed in early trade on Monday, recovering from an all-time low hit against the dollar last week as investors were spooked by possible sanctions amid U.S. allegations. SOUTH AFRICAN RAND REGAINS SOME GROUND At 0750 GMT, the rand traded at 19.050 against the dollar, 1.45% stronger than its previous close. The […]

First glimpse of plans for Salt River and Woodstock

First glimpse of plans for Salt River and Woodstock

By Fazila Olla 16-05-23 11:37

Access to safe green spaces amid increasing development was one of the main talking points at the Local Spatial Development Framework (LSDF) Public Participation meeting on 13 May. Dozens of people who live and work in and around Salt River in Cape Town attended a meeting on Saturday to discuss the City’s plans to develop […]

Philippi pair beat crime and Covid with fast-food business

How Philippi pair beat crime and Covid with their fast-food business

By Fazila Olla 16-05-23 11:18

The Covid pandemic nearly undid years of effort by Philippi entrepreneurs Siphamadla Mavumengwana and Siphumeze Ramncwana. For two years, their fast-food business was closed and their staff laid off. But the pair have bounced back and in spite of daily struggles with crime, Estratweni Mobile Foods is thriving. Entrepreneurs Siphamadla Mavumengwana and Siphumeze Ramncwana started […]

Bernard Arnault world's richest man LVMH

The 10 richest people in the world today – 16 May 2023

By Hennely Nel 16-05-23 10:15

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! These are the 10 richest people in the world today. ALSO READ: Gauteng government aims to hire 6 000 people to fix potholes The Bloomberg Billionaires Index is a daily ranking of the world’s […]

EFF: Malema calls for Koko and Molefe to return to ‘fix’ Eskom

By Mimi Mfundisi 15-05-23 16:23

EFF leader, Julius Malema says former Eskom COO and CEO, Matshela Koko and Brian Molefe should return to fix the ailing power utility. The sentiment comes as various energy experts have said that South Africans will experience a cold winter and have not ruled out the possibility of Eskom implementing higher stages of load shedding. […]

Court reserves judgment in SA's R50 million donation to Cuba

Judgment reserved in Pretoria High Court over SA’s R50-million donation to Cuba

By Jenni Baxter 15-05-23 16:05

Judgment has been reserved (ie. postponed) in the Pretoria High Court where AfriForum today appeared with a review application to once and for all stop the South African government’s intended R50 million donation to the Cuban government. In 2022, AfriForum obtained an urgent interdict to prevent the Department of International Relations and Cooperation (Dirco) from […]

Singapore Prime Minister headed to SA

President Ramaphosa to host Singapore’s prime minister

By Fazila Olla 15-05-23 10:42

President Cyril Ramaphosa will this week host Prime Minister Lee Hsien Loong of the Republic of Singapore for an Official Visit to Cape Town. Tuesday’s visit will be an opportunity for the two countries to strengthen their longstanding partnership and explore new areas of bilateral economic cooperation. Singapore is a significant investor in South Africa, […]

stock market

Investing in the Stock Market: Tips for Beginner Investors

By Tanyaradzwa Pamhirwa 15-05-23 10:21

Investing in the stock market can be an exciting and potentially lucrative endeavor. However, it can also be intimidating, especially for beginner investors who are new to the world of stocks and trading which moves as fast as slot machines in Uganda. With the right knowledge and strategies, anyone can navigate the stock market and […]

TV dumped in response to the latest technology. Photo by Godfrey Sigwela

TV sets thrown out in fear of AI, but benefits on the way too

By Guest Contributor 15-05-23 08:15

Influenced by a fear of innovation and artificial intelligence, some South Africans have dumped their television sets… writes Godfrey Sigwela. They did this after hearing that the SABC will no longer be using the analogue broadcasting system. Unfortunately, some consumers did not understand the innovation jargon announced by the SABC. It appears that some people […]

Disturbing video shows canned hunting still rife in South Africa

WATCH Disturbing video shows canned hunting still rife in South Africa

By Jenni Baxter 16-05-23 14:15

A disturbing video showing a male captive-bred lion being shot with a crossbow, before finally being killed by multiple bullets fired by the Professional Hunters (PHs) with a rifle, has been used to promote discounted “canned” hunts in South Africa ahead of the phase out of the industry. The video will be upsetting for many […]

Prime drink price drop - energy drinks

Sports Science Institute of South Africa investigates Prime drink

By Mimi Mfundisi 12-05-23 16:41

The new sports drink, Prime, has exploded in popularity in South Africa among children and teenagers in particular. MUST READ | Why you shouldn’t give your child Prime Hydration – Nutritionist Devon Da Costa from the Sports Science Institute of South Africa (SSISA), published an article digging deeper into just how healthy – or harmful – the drink is. The SSISA […]

Twitter

Elon Musk steps down, hires new Twitter CEO: Who is Linda Yaccarino?

By Mimi Mfundisi 12-05-23 15:55

South Africa-born billionaire Elon Musk has announced that he has hired a new Twitter CEO as his job title changes. The 51-year-old South Africa-born business mogul bought the social media platform in October for $44 billion, but vowed to find someone else to run the company in December after conducting a poll via his own […]

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