# Oliepryse het vandag getuimel nadat OPUL Plus-lande ‘n skerp toename in produksie aangekondig het. Dit volg ondanks kommer oor oor-aanbod en groeiende vrese dat die Amerikaanse president, Donald Trump, se handelsoorlog die vraag kan verswak. Saoedi-Arabië, Rusland en ses ander lede van die olie-kartel het die naweek ’n produksieverhoging van 411-duisend vate per dag […]
# Business groups Sakeliga and the National Employers’ Association of South Africa, NEASA, have slammed the new Employment Equity Amendment Act as unconstitutional, impossible, and harmful. They argue the sectoral numerical targets amount to unlawful race-based quotas that could destroy economic value. This adds to the DA’s legal action claiming the law violates equality rights. […]
# Electricity and Energy minister Kgosientsho Ramokgopa has announced the launch of a new South African transmission company to improve the national electricity grid. The National Transmission Company of South Africa, a subsidiary of Eskom, will manage and expand power lines, helping to stabilise supply and support renewable energy. He reiterated that the initiative aims […]
# Deputy president Paul Mashatile says South Africa will not achieve an inclusive economy as long as corruption persists, both in the public and private sectors. He says corruption hinders the growth of small and medium-sized enterprises by increasing costs, reducing profits, and creating uncertainty. Mashatile says to promote an inclusive economy, they must commit […]
# Deputy president Paul Mashatile says government appreciates efforts by the Department of Trade, Industry and Competition and Microsoft for reaching an agreement on a 1.32-billion-rand investment. He says this will be deployed over the next ten years in the development of black-owned small, medium and micro enterprises in both tech and non-tech sectors. Mashatile […]
# South Africans can anticipate a winter without load-shedding, with a worst-case scenario of Stage 2 outages. The utility’s winter outlook is based on expected breakdowns between 13-thousand-MegaWatts and 15-thousand-MegaWatts. Eskom CEO Dan Marokane emphasised that the return of Medupi Unit 4, Kusile Unit 6, and Koeberg Unit 1 is expected to add approximately two-thousand-500-MegaWatts […]
# Oil prices slumped today after OPEC Plus countries announced a sharp production increase despite oversupply concerns and growing fears that US President Donald Trump’s trade war could weaken demand. Saudi Arabia, Russia and six other members of the oil cartel announced over the weekend an output increase of 411-thousand barrels a day for June, […]
# Deputy president Paul Mashatile says economic redress and transformation has been given practical impetus through a plethora of legislation, which includes the B-BBEE Act of 2003, as amended in 2013. He says B-BBEE remains a vital part of the country’s economic landscape. Mashatile says over the past 22 years, B-BBEE has evolved its policy, […]
# Die ANC se sekretaris-generaal, Fikile Mbalula, sê die regering van nasionale eenheid en die begroting sal op die agenda wees wanneer die nasionale ampsdraers en die nasionale werkkomitee vandag vergader. Dit terwyl die minister van Finansies, Enoch Godongwana, voorberei om die nasionale begroting vir die derde keer in die Parlement ter tafel te lê […]
