# Union federation Cosatu plans a national protest tomorrow against the rising cost of living, saying workers can no longer cope, and action must be taken before it’s too late. Spokesperson Zanele Sabela says with the doubling of fuel prices and workers spending about 40-percent of their wages on transport, people are approaching breaking point. […]
# Forum for South Africa verwelkom John Steenhuisen se verwydering as minister van Landbou. Partyleier Geordin Hill-Lewis het gister ʼn reeks veranderings aangekondig aan die DA se verteenwoordiging in die regering. Dit sluit in dat Steenhuisen vervang word met Willie Aucamp. FOSA se leier, Tebogo Masholompane, sê Steenhuisen het boere in die steek gelaat met […]
# Die vakverbond Cosatu het kommer uitgespreek oor die stygende verbruikersprysinflasie, en sê dit gaan werkers raak wat reeds diep in die skuld is. Inflasie het verlede maand tot 4,5-persent geklim teenoor vier-persent in April. Dis die hoogste jaarlikse koers sedert Julie 2024, toe inflasie 4,6-persent was. Cosatu se woordvoerder, Matthew Parks, sê die vredesooreenkoms […]
# Die voorsitter van die Amerikaanse Federale Reserweraad, Kevin Warsh, sê hy stel ‘n hervormingsagenda bekend wat sal bepaal hoe die sentrale bank sy monetêre beleid bestuur en kommunikeer. Federale goewerneurs het daarvoor gestem om die rentekoers vir die vierde opeenvolgende vergadering bestendig te hou met die riglyn-uitleenkoers van tussen 3,5- en 3,75-persent. Warsh, wat […]
# Forum for South Africa has welcomed John Steenhuisen’s removal as minister of Agriculture. DA leader Geordin Hill-Lewis announced a series of changes to the party’s representation in government, including Willie Aucamp replacing Steenhuisen. FOSA leader, Tebogo Masholompane, says Steenhuisen has failed South African farmers in his handling of the foot-and-mouth disease outbreak, and Aucamp must prioritise […]
# Union federation Cosatu has expressed concern at the rise in consumer inflation, saying this will affect workers who are already drowning in debt. South Africa’s consumer inflation rate rose to 4.5-percent in May this year, up from 4.0-percent in April, marking the highest annual rate recorded since July 2024, when inflation stood at 4.6-percent. […]
# US Federal Reserve Chair, Kevin Warsh, says he is launching a reform agenda to reshape how the central bank conducts and communicates monetary policy. Fed governors have voted to hold interest rates steady for the fourth consecutive meeting, leaving their benchmark lending rate at a range of 3.5-percent to 3.75-percent. Warsh, who has replaced Jerome […]
# Die parlementêre portefeuljekomitee oor Handel, Nywerheid en Mededinging verwelkom die ooreenkoms wat bereik is sodat Tongaat Hulett sakeredding kan verlaat en sy werksaamhede voortsit. Onder die voorwaardes van die ooreenkoms sal die Industriële Ontwikkelingskorporasie sy finansiële ondersteuning verleng sodat Tongaat Hulett kan voortgaan om handel te dryf terwyl die transaksie afgehandel word. Dit vorm […]
# Parliament’s portfolio committee on Trade, Industry and Competition welcomes the agreement reached for Tongaat Hulett to exit business rescue and maintain its operations. Under the terms of the agreement, the Industrial Development Corporation will extend its post-commencement finance support to enable Tongaat Hulett to continue trading while the transaction is implemented. This also provides […]
