# 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 […]
# The eThekwini Municipality council has adopted the metro’s 70.9-billion-rand budget for the 2025/2026 financial year. The budget prioritises infrastructure rehabilitation and economic development. Mayor Cyril Xaba says a major highlight of the budget is the adjusted tariff increases. He says these include a 12.72-percent increase in the electricity tariff as guided by the National […]
# FNB sê die Suid-Afrikaanse Reserwebank se Monetêre Beleidskomitee se besluit om rentekoerse te verlaag, dui op ʼn groter fokus op basiese plaaslike kwessies. Die komitee het die koers met 25 basispunte gesny wat die terugkoopkoers afbring tot 7,25-persent en die prima uitleenkoers tot 10,75-persent. FNB se produkhoof vir geïntegreerde advies, Ester Ochse, sê hulle […]
