The DA Criticizes SA Nuclear Plan That Could Cost Over R1 Trillion

The Democratic Alliance (DA) warned again on Monday against the potential perils of the proposed nuclear power plan suggested by president Jacob Zuma at the State of the Nation address last month. President Jacob Zuma, during his speech at the country’s State of the Nation address, explained how South Africa’s current energy crisis requires a, “radical transformation of the energy sector,” which will include nuclear power being integrated into the curr... Read more »
by Robert | Published 12 years ago

By Oliver Ngwenya On Friday, July 18th, 2014

Reserve Bank Raises Repo Rate by 0.25%

In a decision that was not unanimous, the Reserve Bank’s Monetary Policy Committee (MPC) has decided to raise the repo rate by 25 basis points to 5.75%, effective from July 18. The governor of the SARB, G... Read more »
By Oliver Ngwenya On Thursday, July 17th, 2014

Home Affairs Gets Tough on Foreign Business Owners

The department of Home Affairs is sending out strong signals to all sectors of the economy and society. On Wednesday, media reports indicated that the department would deny visas to companies that wished to sta... Read more »
By Oliver Ngwenya On Wednesday, July 16th, 2014

Employers Say No More Wage Offer for NUMSA

The Steel and Engineering Industries Federation of South Africa (SEIFSA) has said that there will be no more offers on the table after reports emerged that the workers representatives had rejected the latest of... Read more »
By Robert On Monday, July 14th, 2014

Numsa Strike Hitting Auto Producers Hard

American motor vehicle producer, Ford, have closed shop this week in South Africa, with Japanese automobile manufacturer, Toyota, apparently next in line to shut their doors temporarily this week. General Motor... Read more »
By Robert On Saturday, July 12th, 2014

Public Protector to Investigate Hlaudi Motsoeneng’s Appointment as SABC COO

The Public Protector, Thuli Madonsela, will once again look into Hlaudi Motsoeneng following his permanent appointment as Chief Operations Officer of state broadcaster, SABC. Thuli Madonsela probed Motsoeneng e... Read more »
By Robert On Friday, July 4th, 2014

NUMSA Strike Violence Continues

In excess of 100 factories on the East Rand of Johannesburg have resorted to shutting their doors in order to protect themselves from the threat of violence related to the Numsa strike happening currently. Nati... Read more »
By Oliver Ngwenya On Friday, July 4th, 2014

Employers Advise the Police to Prepare for a Violent NUMSA Strike

Twenty six people were arrested on Friday in the economic province of Gauteng following intimidation, public violence and malicious damage to property. This is in connection with the ongoing strike organised by... Read more »
By Oliver Ngwenya On Thursday, July 3rd, 2014

Rubber Bullets Fired at NUMSA Strike

The police had to fire rubber bullets to disperse strikers who were blocking the entrance to the power utility, Eskom’s Medupi Power Station on Thursday. Thursday was the third day of the National Union o... Read more »
By Robert On Tuesday, July 1st, 2014

Rights Group AfriForum Submits Report On Secrecy Bill To Zuma

Civil-rights organisation, AfriForum, has submitted further legal opinion on South Africa’s proposed Protection of State Information Bill to President Jacob Zuma on Tuesday. According to AfriForum CEO, Er... Read more »