# The Development Bank of Southern Africa has reported a record net profit of 5.3-billion-rand for the year ended March, up 14.4-percent, supported by higher net interest income and fair value gains. CEO Boitumelo Mosako said sustainable earnings grew 13.7-percent to 5.1-billion-rand, while loan book repayments hit a record 27.4-billion-rand. Mosako stressed the bank’s stronger […]
# Cabinet has agreed to implement a Section 139 intervention in Ditsobotla Local Municipality in North West, taking control of the municipality’s administration. The decision follows legal pressure from business organisation Sakeliga, which threatened personal costs orders against ministers if action was not taken. Sakeliga CEO Piet le Roux says the intervention aims to address […]
# KwaZulu-Natal MEC for Cooperative Governance and Traditional Affairs, Thulasizwe Buthelezi, has urged residents to remain vigilant as dry, windy conditions continue to heighten fire risks. Buthelezi commended emergency teams for their swift response to a severe veld fire in uPhongolo yesterday, which left one person critically injured. The department’s Senzelwe Mzila advised residents not […]
# ActionSA has called for an urgent debate on South Africa’s manufacturing job crisis. ArcelorMittal’s Long Steel closure threatens three-thousand-500 jobs, while retrenchments at Ford, Goodyear, Glencore, and Merafe risk thousands more. ActionSA’s Michael George urges Parliament to involve ministers, unions, industry leaders, and affected workers to discuss interventions including energy reforms, financial support, retraining, […]
# Die ANC sê sy oorwinnings in tussenverkiesings in die Chris Hani-streek in die Oos-Kaap en die Sekhukhune-streek in Limpopo is bewys dat die hernuwingsprojek suksesvol is, ten spyte van kritici wat aanvoer dat die party besig is om agteruit te boer. Die party belowe om dienslewering te versnel, plaaslike regering te versterk, en om […]
# City Power het alle voorafbetaalde-meterinstallasies tydelik tot 1 November gestaak. Woordvoerder van die kragvoorsiener, Isaac Mangena, sê die onderbreking sal tyd toelaat vir ‘n deeglike hersiening van die oorskakelingsproses na bekommernisse oor rekeningverskille, kliënte wat nie krag koop nie, en tariefstrukture. ‘n Taakspan sal die finansiële en opersaionele impak ondersoek, met bevindings wat oor […]
# The DA says the Gauteng Department of Social Development’s decision to centralise food bank operations has deepened food insecurity, leaving thousands hungry. The DA’s Refiloe Nt’sekhe says decentralisation worked better through 288 non-profit organisations and five regional banks. Nt’sekhe has raised concerns after a quarterly report showed only 34-thousand-114 parcels were delivered against a […]
# ‘n Nuwe Ipsos-peiling toon agt uit tien Suid-Afrikaners glo die land beweeg in die verkeerde rigting, ten spyte van aanvanklike optimisme nadat die regering van nasionale eenheid verlede jaar gevorm is. Twee-en-veertig-persent sê RNE-partye werk goed saam, maar bykans ses uit tien is ontevrede oor munisipale dienste, veral in KwaZulu-Natal en die Oos-Kaap. Meer […]
# The Public Servants Association says it demands that the minister of Forestry, Fisheries, and the Environment, Dion George takes immediate corrective action to protect graduates of the Municipal Environmental Graduate Programme. The association’s spokesperson, Claude Naiker says the programme was advertised as a two-year fixed-term contract with a fixed stipend of nine-thousand-200 per month. He says […]