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News24Wire

International airlines brace for SA's new travelling with minors rule

27th May 2015 As the new requirement for unabridged birth certificates for all children travelling in South Africa comes into effect on June 1 2015, major international airlines say they’ve done all they can to inform those affected. However, Board of Airline Representatives of South Africa (Barsa) chairperson... 

Electricity constraints a major concern for Sarb

27th May 2015 While global economic factors impacted South Africa’s weak growth prognosis, there were binding constraints coming from the electricity supply uncertainties, said Reserve Bank (Sarb) deputy governor Francois Groepe. On Tuesday, Stats SA said the country’s GDP increased by 1.3% year-on-year (y/y)... 

MTN strike continues

27th May 2015 Striking MTN employees kept up their picket at the company's 14th Avenue offices in Fairland, Randburg, ahead of an expected meeting on Wednesday to break the deadlock. With police officers guarding the entrance to the multinational company, a group of about 50 people wearing Communication... 

SOEs can spark radical economic transformation – Ramaphosa

27th May 2015 State-owned enterprises (SOEs) have the potential to stimulate “reindustrialisation and radical economic transformation”, Deputy President Cyril Ramaphosa said during the Presidency’s budget vote debate on Tuesday. Ramaphosa said it made sense for the efforts of SOEs and private businesses to... 

Presidency rejects Marikana lawyer's claims

25th May 2015 President Jacob Zuma has dismissed as "false" comments by a lawyer linking the presidency to the retirement of the North West police commissioner. "The presidency rejects the false statements made by Marikana defence attorney, Andries Mkome... in relation to the provincial and national police... 

Marikana miners go to court to force Zuma to release report

25th May 2015 The workers injured and arrested in the Marikana shooting, their families, and labour union AMCU, are to approach the courts to force President Jacob Zuma to release the Marikana report. Andries Mkome, the lawyer representing all parties, said they would approach the courts on Monday "on an... 

Cuban engineers land in SA to help with service delivery

25th May 2015 The first of a total of 40 Cuban engineers have arrived in the Free State on Sunday, with the rest expected to arrive on Monday. They will mainly be involved in improving service delivery, the construction of government subsidised settlements, houses, the provision of water, planning and project... 

Value of Agoa is diminishing – Davies

22nd May 2015 The US Act that creates economic growth opportunities in Africa was diminishing in value for South Africa, according to Trade and Industry Minister Rob Davies. Speaking ahead of his Budget speech in Parliament, on Thursday, Davies told media that the costs of Agoa (African Growth and Opportunity... 

SA mobile contract price hikes unjustified - study

22nd May 2015 Local mobile operators’ claims that rising input costs are fuelling contract price hikes are not reflected in these companies' financial statements, says a research body. ResearchICTAfrica has put together a research brief that asks whether post-paid price increases by South Africa operators are... 

Inflation surprise buys Sarb some time

21st May 2015 Indebted South Africans may breathe a sigh of relief if the South African Reserve Bank's Monetary Policy Committee decides not to hike interest rates on Thursday. South African inflation having risen to 4.5% in April and not to 4.7% as expected has actually taken the heat off the Reserve Bank to... 

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