# The Financial Sector Conduct Authority has launched an investigation into the Public Investment Corporation, days after the PIC board placed CEO Patrick Dlamini on precautionary suspension following allegations of impropriety. The PIC is Africa’s largest asset manager and oversees 3.6-trillion-rand in government pension and social insurance funds. The FSCA says it has become increasingly concerned by […]
# Cosatu joins its affiliate, the National Union of Mineworkers, as it condemns the decision of De Beers to halt production for two years at its Venetia Mine in Limpopo, and issue a Section 189A notice threatening the livelihoods of one-thousand-214 workers. Cosatu spokesperson, Zanele Sabela says the company has long been aware of the challenges […]
# President Cyril Ramaphosa sê vennootskappe met beleggers in tegnologie en innovasie stel die regering in staat om digitale infrastruktuur te versterk, vaardighede vir die toekoms te ontwikkel en entrepreneurskap te ondersteun. Hy het gister die uitvoerende span van Amazon Suid-Afrika, insluitend sy senior visepresident, David Zapolsky, ontmoet. Amazon het die afgelope tien jaar meer […]
# President Cyril Ramaphosa says that by partnering with investors in technology and innovation, government is working to strengthen digital infrastructure, develop future-ready skills, and support entrepreneurship. He met with the executive team of Amazon South Africa, including senior vice president, David Zapolsky, yesterday. Amazon has invested more than 54-billion-rand in the country over the […]
# Die Minerale Raad van Suid-Afrika sê mynmaatskappye moet saamwerk om blywende voordele vir gemeenskappe te lewer in plaas daarvan om op individuele maatskaplike en arbeidsplanne staat te maak. Die uitvoerende hoof van die raad, Mzila Mthenjane, sê hoewel die bedryf sedert 2004 meer as 100-miljard-rand in gemeenskapsprojekte belê het, is meer gekoördineerde pogings nodig […]
# Die Suid-Afrikaanse rand het tot sy laagste vlak in byna drie weke verswak namate stygende spanning in die Midde-Ooste die Amerikaanse dollar versterk en verwagtinge van hoër Amerikaanse rentekoerse verhoog het. Die rand het gister net onder 16-rand-50-sent teenoor die dollar verhandel voor die vrystelling van Suid-Afrika se mynbouproduksiesyfers en belangrike Amerikaanse inflasiedata. Hoër […]
# ActionSA het ‘n ondersoek van stapel gestuur na die multinasionale landbouchemiese onderneming UPL Suid-Afrika se beweerde infrastruktuurooreenkoms van 17-miljard-rand met Infrastructure South Africa. Die party is bekommerd oor die onderneming se omgewingsrekord en bewerings van politieke inmenging. Michael Beaumont van ActionSA sê ‘n verklikker beweer ‘n kabinetslid het amptenare opdrag gegee om nie stappe […]
# The Minerals Council South Africa says mining companies must work together to deliver lasting benefits for communities instead of relying on individual social and labour plans. The council’s CEO, Mzila Mthenjane, says although the industry has invested more than 100-billion-rand in community projects since 2004, more coordinated efforts are needed to tackle poverty, unemployment […]
# The South African rand has weakened to its lowest level in almost three weeks as rising tensions in the Middle East boosted the US dollar and increased expectations of higher American interest rates. The local currency yesterday at one stage traded just below 16-rand-50-cents to the dollar ahead of the release of South Africa’s […]
