# State-owned defence company Denel says its turnaround strategy is progressing, however it is much slower than planned. Briefing Parliament’s Standing Committee on Appropriations, Denel said funding shortfalls and delays in disposing of non-core assets have hampered implementation. The group has secured 4.4-billion-rand of the 5.2-billion-rand needed for recovery. While operating costs have been reduced […]
# Union federation Cosatu welcomes the tabling of the Employment Services Amendment Bill before Parliament. It seeks to strengthen the employment services framework, regulate the employment of foreign nationals, and strengthen enforcement mechanisms. Cosatu’s Matthew Parks says the bill enables the minister of Employment and Labour to set limits on the number of documented migrant workers […]
# Die Dangote Petroleum-raffinadery het amptelik sy aansoek vir ‘n aanvanklike openbare aanbod by Nigerië se Sekuriteite- en Uitruilkommissie ingedien, met die oog op ‘n hoofnotering op die Nigeriese Beurs. Dit sal na raming die grootste aandele-uitgifte in Afrika se geskiedenis te wees, teen sowat 653,4-miljard-rand. Die Johannesburgse Aandelebeurs poog om ‘n sekondêre notering te […]
# The Dangote Petroleum Refinery has officially filed its Initial Public Offering application with Nigeria’s Securities and Exchange Commission, targeting a primary listing on the Nigerian Exchange. It is projected to be the largest equity offering in African history, at approximately 653.4-billion-rand. The Johannesburg Stock Exchange is seeking to secure a secondary listing that could […]
# Die landbou-organisasie TLU SA waarsku dat die skerp styging in dieselpryse die land se landbousektor sal raak. Dieselpryse het met tussen een-rand-23- en een-rand-38-sent per liter gestyg terwyl die petrolprys met 52-sent gedaal het, aangehelp deur ‘n verlaging in die brandstofheffing. Bennie van Zyl van TLU SA sê die hoër dieselprys dwing hoër pryse […]
# Die vakverbond Cosatu is bekommerd oor die uitwerking van die verdere dieselprys-verhoging en sê dis ‘n gevoelige slag wat miljoene sukkelende werkers en pendelaars nie kan bekostig nie. Dieselpryse het met tot een-rand-38-sent per liter gestyg. Woordvoerder Matthew Parks sê die regering se vroeëre tydelike opheffing van brandstofheffing was ‘n groot verligting, maar hulle […]
# Agricultural organisation, TLU SA, warns the sharp increase in diesel prices will affect the agriculture sector. Diesel prices have gone up by between one-rand-23- and one-rand-38-cent-a-litre, while the petrol price decreased by 52-cent, aided by a reduction in the slate levy. TLU SA’s Bennie van Zyl says the increase in diesel prices is forcing higher operational […]
# Union federation Cosatu has expressed concern about the impact of the further increase in diesel prices, saying this is a painful blow that millions of struggling workers and commuters cannot afford. Diesel prices have increased by up to one-rand-38-cents per litre. Cosatu’s Matthew Parks says government’s earlier temporary fuel levy suspension provided invaluable relief, […]
# Die president van die Suid-Afrikaanse Reserwebank, Lesetja Kganyago, sê die land se ekonomie groei teen ‘n stadige tempo ten spyte van die aanvaarding van die regte makro-ekonomiese beleid, as gevolg van jare van staatskaping. Die land se bruto binnelandse produk het verlede jaar met 1,1-persent gegroei, terwyl die Nasionale Tesourie ‘n groeikoers van 1,4-persent […]
