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Eskom to move to stage 2 load-shedding from 16:00

11th June 2015 Eskom has announced that it will move to Stage 2 load-shedding from 16:00 on Thursday. The power utility said the electricity blackouts were likely to continue until 22:00. 

New ministerial team to look at immigration regulations – SAfrican Cabinet

11th June 2015 A team of ministers are to be assembled to address concerns raised about new immigration regulations, including those relating to travelling with minors, a statement from the South African cabinet said on Thursday. In the media statement following President Jacob Zuma’s fortnightly meeting with... 

World Bank warns developing world of bumpy ride ahead

11th June 2015 The World Bank has warned that developing countries, “an engine of global growth following the financial crisis”, could expect a more bumpy ride in the year ahead. The Bank’s latest Global Economic Prospects report released this week predicted that growth in Sub-Saharan Africa would slow to 4.2%,... 

Continental free trade a reality – African Union commission

11th June 2015 The plan by African Union (AU) member states to establish a continental free trade area by 2017 was on track, the AU commission on trade and industry said on Wednesday. ”As you know, the free trade area will not be built from scratch, the regional economic communities provide the building blocs... 

Davis Tax Committee says current tax system not a one-size-fits-all solution

10th June 2015 The current tax system could assist in lessening the inequality gap in South Africa, but was not the solution to the country’s challenges, said Judge Dennis Davis, head of the Davis Tax Committee (DTC), on Wednesday. “Tax is not the panacea for all ills in society. It cannot solve all of our... 

S African MPs want Eskom to account for billions

10th June 2015 MPs on Parliament’s standing and select committees on appropriations on Tuesday insisted on regular updates on how Eskom would spend the close to R50 billion that would reflect as equity on its balance sheet in the next year, thanks to interventions from National Treasury. The MPs were briefed by... 

S African gold mines set date for wage talks

10th June 2015 The wage negotiations in the gold mining sector will start in two weeks, the Chamber of Mines said on Tuesday. “The industry is at a crossroad. We need a measured and strategic conversation between partners with the aim of jointly considering ways to achieve a sustainable industry that attracts... 

SA metal union’s court bid on Cosatu reinstatement delayed

9th June 2015 The National Union of Metalworkers of SA’s case against trade union federation Cosatu was delayed in the South Gauteng High Court on Tuesday to allow time for further court documents to be filed. Tholoane Motloenyana, for the Liberated Metal Union of SA (Limusa) told the court that she only... 

US/SA chicken deal only to be finalised in few months – SA Poultry Association

9th June 2015 An agreement between US and South African chicken producers on lifting anti-dumping duties for around 65 000 t of bone-in chicken cuts a year would only be finalised in the next four to six months, the SA Poultry Association (SAPA) said on Monday. “We have to reduce it to writing. We have a draft... 

Positive outlook on Africa marred by crises such as Burundi ahead of AU summit in S Africa

9th June 2015 Africa’s leaders are gathering in Johannesburg and Pretoria this week to try to prevent a rash of conflicts and crises derailing the continent’s promising growth prospects. The leaders of the 54 members states of African Union (AU) will be meeting for their 25th ordinary summit just after the... 

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