# The ANC says it will today lay criminal charges against the DA’s chairperson of Federal Finance, Mark Burke, and the company he founded, Kastelo. The investment firm is under investigation by the South African Reserve Bank for exchange control violations. It is alleged that Kastelo has been using clients’ allowances to move funds offshore for […]
# AfriForum says energy regulator Nersa’s plan to introduce key performance indicators for municipal electricity distributors will not solve service delivery problems unless existing rules are enforced. The organisation’s Morné Mostert says Nersa should investigate poor performance, enforce licence conditions and carry out technical checks. Mostert added the regulator should investigate repeated failures, enforce licence […]
# Statistics South Africa says retail trade sales increased by 1.6-percent in June. The biggest contributors were other retailers and general dealers, which both recorded growth. However, seasonally adjusted sales fell by 0.6-percent compared with May. Between April and June, retail sales increased by 1.7-percent compared with the same period last year. Stats SA’s Raquel […]
# Business for South Africa is shifting its focus to key sectors including mining, agriculture, tourism, hospitality and infrastructure. This follows the launch of phase three of the government-business partnership. The business organisation’s Martin Kingston says the government needs to achieve economic growth of more than three percent to make a meaningful impact on youth […]
# The DA has urged Parliament to hold Eskom and regulators accountable over pollution at the Kusile power station in Mpumalanga. According to the party, a Supreme Court of Appeal judgment found that pollution limits were breached and enforcement was weak. The DA’s Kevin Mileham wants an urgent joint parliamentary hearing to establish whether the […]
# Statistics South Africa says civil debt summonses fell by 0.8-percent between April and June compared with the same period last year. However, debt judgements increased by 9.9-percent. Stats SA’s Vhonani Kwinda says the figures suggest that although fewer new debt summonses were issued, more debt cases resulted in court judgements and the amounts involved […]
# Union federation Cosatu, Solidarity, the Canning Fruit Producers’ Association, together with fruit producers, are calling on Premier Foods to keep its Tulbagh fruit canning factory in the Western Cape open. Cosatu’s Malvern de Bruyn says the closure would affect 424 factory workers, hundreds of fruit producers and thousands of other people whose livelihoods depend […]
# Discovery CEO Adrian Gore says South Africa must achieve economic growth of at least three-percent to create jobs and reduce unemployment. Speaking at the launch of phase three of the government-business partnership in Johannesburg, Gore said progress has been made in ending load-shedding, improving logistics and restoring investor confidence, but growth remains too slow. […]
# AfriForum sê die energiereguleerder Nersa se plan om sleutelprestasie-aanwysers vir munisipale elektrisiteitsverspreiders in te stel, sal nie diensleweringsprobleme oplos tensy bestaande reëls afgedwing word nie. Morné Mostert van die organisasie sê Nersa moet swak prestasie ondersoek, lisensievoorwaardes afdwing en tegniese kontroles uitvoer:
