# Financial technology firm Verto has warned that a proposed policy making strategic petroleum stockholding mandatory could strengthen South Africa’s fuel security but increase costs for importers. The draft policy requires the State to hold 60 days of strategic fuel stocks, while wholesalers and importers must maintain 21 days of mandatory reserves. Verto says the […]
# The General Industries Workers Union of South Africa has condemned the eMedia’s announcement that it intends to retrench 171 employees at eNCA. Barely weeks ago, eMedia Holdings published remuneration disclosures for its top executives in line with recent amendments to the Companies Act. Giwusa president Mametlwe Sebei says the group reported 3-billion-rand in revenue […]
# Suid-Afrika het ‘n leningsooreenkoms van agt-miljard-rand onderteken met die Asiatiese Infrastruktuur-beleggingsbank om klimaatsbestande stedelike dienste te versterk. Die Nasionale Tesourie sê die fonds is geoormerk binne ‘n streng prestasieraamwerk om stedelike stelsels teen klimaat-skokke soos oorstromings of droogtes en basiese dienslewering te verbeter. Die Tesourie sê plaaslike munisipaliteite en metro’s beskik dikwels nie oor […]
# South Africa has signed an eight-billion-rand loan agreement with the Asian Infrastructure Investment Bank to strengthen climate-resilient urban services. National Treasury says the fund is specifically ring-fenced under a strict performance framework to upgrade urban systems against climate shocks such as floods or droughts, and improve basic service delivery. The Treasury added that local […]
# Die Stad Tshwane sê hy gaan ʼn forum stig vir informele handelaars en die township-ekonomie om die ekonomie te laat groei. Dit volg ná groei van 33-persent in die informele en township-ekonomieë wat tussen September 2024 en September 2025 altesaam 57-duisend nuwe werksgeleenthede geskep het. Die burgemeesterskomiteelid vir Ekonomiese Ontwikkeling en Ruimtelike Beplanning, Sarah Mabotsa, […]
# Die Black Business Council sê hy ondersteun die minister van Finansies, Enoch Godongwana, se versoek om die Wet op die Openbare Beleggingskorporasie te wysig. Die minister het vroeër die week bevestig dat die Kabinet binnekort voorstelle gaan oorweeg om die bestaande praktyk te wysig dat ʼn adjunkminister ondervoorsitter is met ʼn onafhanklike nie-uitvoerende voorsitter […]
# Die spysenieringsvakbond, SACCAWU, sê Boxer-werknemers word onregverdig behandel. Die vakbond sê hoewel Boxer een van Suid-Afrika se voorste voedsel-kleinhandelaars is, met markkapitalisasie van sowat 33-miljard-rand, word baie werknemers volgens hom uitgebuit en onbillik behandel. SACCAWU sê volgens berigte kry werknemers opdrag om aan die einde van hul skof uit te klok, maar dan terug te […]
# The Black Business Council says it supports Finance minister Enoch Godongwana’s call for changes to be made to the Public Investment Corporation Act. Earlier this week, the minister confirmed that Cabinet would soon consider proposals to replace the long-standing practice of a deputy minister chairing the board with an independent non-executive chairperson possessing expertise […]
# The South African Commercial Catering and Allied Workers Union has expressed concern over the continued unfair treatment of Boxer employees. The union says despite Boxer being one of South Africa’s leading food retailers, with a market capitalisation of approximately 33-billion-rand, many employees continue to experience exploitation and unequal treatment. SACCAWU says it is equally disturbed […]
