Learn About Bitcoin Contract for Different Trading Strategies

By Guest Contributor 10-03-20 22:48

Bitcoin has been traded for some time and here we look at the CFD trading strategy and its relevance to bitcoins trading. Bitcoin CFD Trading Strategy CFD stands for Contract for Difference, which means that one trades a derivative product of the underlying asset. This trading allows one to make profits due to changes in […]

SAA South African Airways

SAA Begins Retrenchment Consultation Process

By SAPeople 10-03-20 12:15

The business rescue practitioners (BRPs) of South African Airways (SAA) have issued a notice advising employees of the intention to begin retrenchment consultations. In a statement, the BRPs said they have been engaging with SAA unions in relation to the process and the intention to begin the consultation process. “Our intention has always been to […]

Government Dismisses Allegations About SA Soldiers’ Reluctance to Travel to China

By SAPeople Contributor 06-03-20 15:40

The South African government has dismissed reports contained in a Mail & Guardian article that South African National Defence Force (SANDF) soldiers are not willing to travel to Wuhan, China, to repatriate citizens. Government Communication and Information Systems (GCIS) Acting Director-General Phumla Williams said the article is misleading and misinforms readers and the public about […]

central-line-cape-town-prasa

Cape Town Central Line to Return to Service in September, says PRASA Administrator

By Guest Contributor 05-03-20 21:07

Transport Minister Fikile Mbalula announced on Thursday the start of the refurbishment process for Cape Town’s Central Line, which has been closed since October 2019. The Central Line serves over a million people, running from Kapteinsklip station in Mitchells Plain and Chris Hani station in Khayelitsha to Cape Town station. Mbalula’s launch follows President Ramaphosa’s […]

tshwane under administration

City of Tshwane Placed Under Administration

By SAPeople 05-03-20 18:19

The Gauteng Executive Council has placed the City of Tshwane, in South Africa, under provincial administration following current uncertainty and instability within the municipality. Making the announcement on Thursday, Gauteng Premier David Makhura said the decision to take responsibility of all the executive powers of the City of Tshwane council was taken after an assessment, […]

dog walk cape town

Over 300 Paws are Taking to the Sea Point Promenade

By SAPeople Contributor 04-03-20 14:34

Humans and four-legged friends are invited to strut their stuff along the fifth annual Paws on the Promenade – a dog walk fundraiser by the Mdzananda Animal Clinic, Khayelitsha, in partnership with Vondi’s Holistic Pet Nutrition. The dog walk will take place on Sunday the 15th of March at 9am. Starting at the Mouille Point […]

deputy president land grabs south africa

Deputy President Condemns Land Grabs in South Africa

By SAPeople 23-12-20 23:39

Deputy President David Mabuza has condemned land grabs and attempted to assure the public that government has put in place legislative measures to ensure the efficient and orderly redistribution of land. “We reiterate our call to the citizens of our country to exercise restraint, and to allow government to implement the necessary policy and constitutional […]

South Africans Resilient in Face of Recession

By SAPeople Contributor 03-03-20 20:02

While the South African economy has over the last couple of years taken a beating with a recession in SA announced today, the country’s people continue to rise above often difficult circumstances, says the SA government news site. Fourth-quarter Gross Domestic Product (GDP) figures this week showed a decline of 1.4 % in the final […]

south africa recession pix

Recession Hits as South Africa’s GDP Drops by 1.4 Percent

By SAPeople 03-03-20 15:14

The South African Gross Domestic Product (GDP) contracted by 1.4% in the fourth quarter of 2019, Statistics South Africa (Stats SA) has revealed… and SA has officially entered into a recession. The South African GDP now stands at a miniscule 0.2%. After successive quarters of negative growth, South Africa entered into a recession in the […]

europe shop shelves coronavirus quarantine

Empty Shelves as SOME (Not All!) Europeans Prepare for Coronavirus Lockdown

By Jenni Baxter 03-03-20 00:27

As cases of Coronavirus (Covid-19) in Europe steadily climb, some Europeans have been stocking up in preparation for voluntary quarantines or forced lockdowns. The risk of contracting coronavirus within Europe has been raised by the EU today from ‘moderate’ to ‘high’. These photos were taken today at a supermarket in Germany, close to the border […]

Low Possibility of Load Shedding in South Africa This Week

By SAPeople Contributor 02-03-20 15:28

Eskom has announced that no load shedding is expected on Monday and the possibility of power cuts during the week is also low. “We are utilising emergency generation reserves to supplement power, as we had more unplanned breakdowns [on Saturday],” Eskom said on Sunday. Eskom said additional generation units would return to service on Sunday. […]

cheapest diesel

Petrol Price Drops in March for South Africans

By SAPeople Contributor 23-01-21 00:32

The petrol price will again come down by between 19 and 54 cents a litre this week. The Department of Mineral Resources and Energy has announced a 19 cent decrease in the price of 93 (ULP and LRP) and 95 (ULP and LRP) as of Wednesday. Meanwhile, both grades of diesel (0.05% Sulphur) and diesel (0.005% […]

Law enforcement arrives at the Coastal Park Landfill Site

Tragic Landfill Conflict Fouls Cape Town’s Air

By SAPeople Contributor 27-02-20 18:12

The prohibition of waste pickers from accessing the Coastal Park Landfill Site near Muizenberg saw an initial confrontation with security guards on Tuesday 18 February escalate to a group of about 100 people fighting to get in at about 7pm – sunset – last Wednesday 19 February. Reinforcements were called in the next day and […]

Pilchards Suspended From South African Schools’ Menu

By SAPeople Contributor 27-02-20 19:45

The Basic Education Department (DBE) has suspended with immediate effect the serving of canned pilchards as part of the national school nutrition menu across all schools in the country. The decision follows a recent order by the National Regulator for Compulsory Specifications that all formal wholesalers, retailers and informal traders remove and stop selling the […]

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