The ANC Youth League on Wednesday disagreed with the remarks of Cosatu’s Zwelinzima Vavi on the upcoming local government elections.
There will be a working-class revolt if the planned "looting" of commuters through road toll fees goes ahead, the Young Communist League warned.
The global clothing brand to be launched by non-profit organisation 46664 will not commercialise former president Nelson Mandela in any way.
Unions and the Road Freight Employers’ Association will meet on Tuesday to thrash out solutions to a wage dispute.
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/ 29 December 2010
Motorists risk losing their driving permits in 2011 if they are found guilty of drunk driving, speeding or reckless road offences.
ANC veteran Pallo Jordan has criticised his party’s media appeals tribunal plans and the Protection of Information Bill at a debate.
Gauteng premier Nomvula Mokonyane axed two ministers on Tuesday, saying it was necessary to "kill" the perception of two centres of power.
The ANC Youth League has lashed out at "spiteful" reports by "some newspapers" that accused Julius Malema of failing to stick to his promises.
Judge Frans Kgomo on Friday declined the request for a postponement in the trial of Brett Kebble-murder accused Glenn Agliotti.
SA residents have attacked migrants in a Johannesburg township, injuring at least five people and increasing concerns of a wave of xenophobia.
I love Johannesburg, its drama, its aesthetics and contrasts, the various characters you meet here.
SA’s factory gate inflation accelerated for the eighth straight month to March, slightly below expectations but showing price pressures are building.
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/ 27 February 2010
The ANC in Johannesburg has pinned the blame for most of the service-delivery protests in the city on "unscrupulous elements" within the party.
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/ 28 January 2010
ANC deputy president Kgalema Motlanthe has criticised ANC Youth League leader Julius Malema’s school visits, according to a media report.
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/ 22 January 2010
Paul Verryn, the Johannesburg Central Methodist Church bishop, has been suspended from the Methodist Church of SA, a lawyer said on Thursday.
Johannesburg motorists have been warned to steer clear of the CBD on Tuesday as a protest by municipal workers over low wages is set to continue.
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/ 11 September 2007
Absa Group chief operations officer Peter Mageza has been appointed as an executive director on the boards of Absa Group and Absa Bank, with effect from September 10. Mageza who has been with the Absa Group since 2000, was appointed as COO three years ago.
Defence parastatal Denel reduced its net loss from R1,363-billion to R549,1-million for the year to the end of March — a 60% improvement. This was achieved on the back of a 17,8% growth in revenue from R2,773-billion to R3,268-billion. Gross profit for the 12 months rose to R754-million — a 675% improvement on the previous year’s profit of R131,1-million.
Zimbabwean publisher and editor Wilf Mbanga will mark this year’s World Press Freedom Day on May 3 in Britain, along with several other reporters from his country who have fled the repressive regime of President Robert Mugabe. He has responded to these challenges by editing and publishing a weekly, the <i>Zimbabwean</i>, outside his country.
The latest Ernst & Young Banking Confidence Index shows that both retail and investment banks faced slower growth in income flows in the first quarter of 2007. Coupled with this, there was definite pressure on interest margins. Despite these concerns, all banks reported they remain satisfied with the current business conditions.
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/ 30 January 2007
With a rapidly and continuously changing tax environment and a heightened focus on sound corporate governance, South African companies are facing the necessity of dealing effectively with corporate risk of a new sort: managing tax risk. This includes effective tax planning for the best benefit of the organisation to avoid lost opportunities whilst ensuring full compliance with the law.
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/ 22 January 2007
Nissan Diesel and its dealer network are to spend R89-million on new infrastructure developments across South Africa, the truck manufacturer has announced. An additional R6-million will be invested in the training of much-needed technical apprentices and sales personnel.
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/ 18 January 2007
South African steel producer, Mittal Steel South Africa, says its R578-million relining of the Vanderbijlpark Blast Furnace D to increase capacity at the plant is scheduled to start in February 2007. This forms part of the company’s R8-billion capital expenditure programme to increase its production of liquid steel.
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/ 16 January 2007
The Distell Group advised on Tuesday that basic earnings per share (HEPS) and headline earnings per share for the six months ended December will be between 55% and 65% higher than the corresponding reporting period of the previous year. This is largely attributable to an improvement in trading income and reduced financing costs, the group said.
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/ 15 November 2006
Wireless broadband provider iBurst has struck a deal with listed telecommunications company Datapro and consumer-focused ISP @lantic Internet Services, the company said on Wednesday. iBurst has a subscriber base of almost 30Â 000 and this has the potential to grow significantly with the partnership.
South Africa’s auto sales edged up 5,6% during September at 57 617 units — an improvement of 3 057 units — compared to 54 560 new vehicles sold during the corresponding month last year, data released on Tuesday by the National Association of Automobile Manufacturers of South Africa showed.
Alec Erwin, South Africa’s Minister of Public Enterprises, said the country would look to nuclear-generated power for the country’s future power needs. He said as the country sought to reduce dependance on coal-fuelled power stations, a viable base-load power source would be needed.
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/ 5 September 2006
Old Mutual has unveiled its much anticipated black economic empowerment (BEE) transaction in Namibia which will result in a broad range of black stakeholders acquiring direct ownership of N$308-million of the Old Mutual Group’s Namibian businesses.
South African listed retailer Woolworths Holdings on Wednesday reported headline earnings per share (HEPS) of 105 cents for the year ended June, up 17,4% from 89,4 cents a year ago. On a diluted basis, HEPS were up 18% to 103 cents from 87,3 cents before.
The increase in South Africa’s consumer price index excluding mortgage rate changes (CPIX) for metro and other areas, which is used by the South African Reserve Bank for its inflation target, was up 4,1% year-on-year in May after a 3,7% y/y increase in April, Statistics South Africa said on Wednesday.
There were a number of worrying signs across the metals market that suggested that a significant correction was close at hand within the current longer term bull market, technical analysts for JP Morgan wrote on Thursday. "We suggest some profits are booked on any further strength," JP Morgan added.
An agreement was formally concluded between Telkom and the Communication Workers Union (CWU) earlier on Wednesday, ending the industrial dispute between the two parties with immediate effect. Members of CWU had been engaged in industrial action since April 18 and the company exercised its rights by responding with a lockout of bargaining unit CWU members.