# Minister of Justice and Constitutional Development, Mmamoloko Kubayi, says the fight against corruption is yielding significant financial recoveries. The National Prosecuting Authority’s Asset Forfeiture Unit has recovered 8.3-billion-rand in unlawfully obtained gains. Of this, 3.68-billion-rand was paid to victims, and 4.6-billion-rand went to the Criminal Assets Recovery Account. The Special Investigating Unit has recovered assets […]
# Die motorvervaardiger Volkswagen het ‘n verreikende kostebesparingsplan goedgekeur wat 50-duisend poste sal besnoei, die onderneming se modelreeks met die helfte verminder en voertuigvervaardiging in vier aanlegte in Duitsland sal beëindig. Volkswagen het ‘n oormaat produksievermoë van 500-duisend voertuie in Europa. ‘n Mededingende toekomstige produksietoewysing vir sy aanlegte in Emden, Zwickau, Hanover en Neckarsulm is […]
# Argentina’s president, Javier Milei, has threatened economic sanctions on any firm involved in oil exploration around the Falkland Islands under the British occupation. The Falklands, in the south-west Atlantic Ocean, remain the subject of a sovereignty dispute between Britain and Argentina, more than 40 years on from an armed conflict over the territory. Milei claims […]
# Die Europese Unie verskerp die afdwinging van sanksies teen Rusland en oorweeg groter steun aan Oekraïne. Die EU het sedert 2022 reeds 21 stelle sankies teen Moskou ingestel, gemik op die finansiële, die energie- en die handelsektor. Die visepresident van die Europese Kommissie, Kaja Kallas, sê die EU-ministers van Buitelandse Sake oorweeg dit om […]
# The European Union is tightening the enforcement of sanctions against Russia, while further ramping up pressure on the country and increasing support for Ukraine. It has implemented 21 packages of restrictive measures against Moscow since 2022, targeting financial, energy, and trade sectors. European Commission vice president Kaja Kallas says EU Foreign Affairs ministers are […]
# Automaker Volkswagen has approved a sweeping cost-cutting plan that would cut 50-thousand jobs, slim the company’s model line by half and end car production at four German plants. The company says it has excess production capacity of 500-thousand vehicles in Europe, and that a competitive future production allocation cannot be secured for plants in […]
# Die vakverbond Cosatu het die Foschini-groep gevra om ernstig te besin oor die uitwerking wat die sluiting van winkels op sy personeel gaan hê, en ʼn alternatiewe oplossing versoek. Die maatskappy wil teen 2029 sowat 280 winkels in Afrika sluit en op aanlyn verkope konsentreer wat tans beter presteer as gewone bedrywighede. Cosatu-woordvoerder, Nonzuzo […]
# Die Mededingingskommissie oorweeg marknavorsing oor inkopie- en winkelsentrums in oorwegend swart gemeenskappe en plattelandse woongebiede. In sy verslag oor ekonomiese projekte in die platteland en townships vir 2026, is bevind baie township-entrepreneurs wil in sentrums sake doen, maar word verhoed deur hoë huurgeld, ekslusiwiteitsklousules en eienaars wat voorkeur aan gevestigde name gee. Die waarde […]
# Union federation COSATU has urged the Foschini Group to earnestly consider the impact of store closures on its staff and find an alternative solution. The company plans to close about 280 stores in Africa through 2029, as the retailer hones in on online sales, which are outpacing the performance of its physical operations. COSATU’s […]
