# Die Kabinet het die Wysigingswetsontwerp op Indiensneming en die Witskrif oor die Nasionale Arbeidsmigrasiebeleid goedgekeur. Hierdie wetsontwerp bepaal kwotas vir die indiensneming van buitelandse burgers in sektore soos landbou, gasvryheid en konstruksie. Die beleid het ten doel om plaaslike toegang tot werk te bevorder en nie-amptelike indiensneming te beperk. Arbeidsagente kan waarskynlik ook strenger […]
# Statistics South Africa reports a 14.8-percent year-on-year drop in liquidations for April. Liquidations of close corporations fell by 12 cases, while company liquidations declined by seven. Stats SA’s Onica Mushwana says over the three months ending April, liquidations decreased by 6.9-percent, and a six-percent drop was recorded for the first four months of the […]
# The International Air Transport Association, IATA, has reported total global air passenger traffic grew strongly in April, in year-on-year terms. Total demand increased by eight percent, with international demand up 10.8-perccent and domestic demand rising by 3.3-percent. The region which saw the strongest growth in total passenger traffic was Africa, at 14.2-percent. It was […]
# 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 […]
