# Standard Bank and the GIBS Entrepreneurship Development Academy have launched applications for the 2025 Youth Forward Programme. The initiative comes as South Africa gears up for Youth Month. Standard Bank’s Naledzani Mosomane says the programme targets 50 black youth-owned businesses, offering tools for sustainable growth. She emphasised that with youth unemployment at 46.1-percent, the […]
# The DA in the Western Cape welcomes a surge in air passenger numbers, as Cape Town International Airport recorded nearly one-million arrivals in April. Over 700-thousand were domestic travellers, while international arrivals jumped 17-percent year-on-year to over 269-thousand. George Airport also saw a 25-percent rise in traffic. The DA’s Noko Masipa credits Wesgro’s Air […]
# Norwegian company Scatec ASA has secured preferred bidder status for a two-billion-rand battery energy storage project in South Africa, as part of the country’s green energy transition. The renewable energy company was named the preferred bidder for the Haru battery energy storage project under the third bid window of the independent power producer procurement […]
# Cabinet has approved the Employment Services Amendment Bill and the National Labour Migration Policy White Paper. This bill will introduce quotas on the employment of foreign nationals in sectors like agriculture, hospitality, and construction. The policy aims to boost local job access and limit undocumented employment. Labour brokers are also expected to face stricter […]
# Cosatu verwelkom die Monetêre Beleidskomitee van die Suid-Afrikaanse Reserwebank se verlaging van 25 basispunte in die terugkoopkoers. Dit beteken die terugkoopkoers is tans 7,25-persent en die prima uitleenkoers is 10,75-persent. Matthew Parks van Cosatu sê al het hulle gehoop vir ‘n groter koersverlaging van ten minste 50 basispunte, sal dit nietemin waardevolle verligting bied […]
# Cosatu has welcomed the 25 basis points cut to the repo rate by the South African Reserve Bank’s Monetary Policy Committee. This brings the repo rate down to 7.25-percent and the prime lending rate to 10.75-percent. Cosatu’s Matthew Parks says whilst they had hoped for a more aggressive rate cut of at least 50 […]
# Die nywerheidsvakbond GIWUSA sê hy is teleurgesteld oor die besluit van die Reserwebank se Monetêre Beleidskomitee om rentekoerse met 25 basispunte te verlaag. Die vakbond se president, Mametlwe Sebei, sê dié geringe verlaging is ‘n belediging vir werkers en die armes, wat in skuld verdrink. Hy sê dit bewys die Reserwebank dien finansiers, en […]
# The General Industries Workers Union of South Africa has expressed disappointment with the South African Reserve Bank’s Monetary Policy Committee’s decision to cut interest rates by 25 basis points. The union’s president, Mametlwe Sebei, says this low reduction is an insult to workers and the poor, who are drowning in debt. He adds that […]
# Die eThekwini-munisipaliteit het die metro se begroting van 70,9-miljard-rand vir die 2025/2026-boekjaar aanvaar. Die begroting gee voorkeur aan die herstel van infrastruktuur en ekonomiese ontwikkeling. Burgemeester Cyril Xaba sê die aangepaste tariefverhogings is ʼn hoogtepunt in die begroting. Hy sê dit sluit in ʼn 12,72-persent verhoging in die elektrisiteitstarief volgens die Nasionale Energiereguleerder se […]
