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News24Wire

Level 5 water restrictions implemented in Cape Town

4th September 2017 Further water restrictions for domestic and commercial users have been implemented in Cape Town, Mayor Patricia de Lille announced on Sunday. “[These include] the institution of Level 5 restrictions and a further increase in pressure management,” she said. 

Smartwatches set to dominate R4tr wearables market

1st September 2017 Over 300-million wearable devices are expected to be sold in 2017 generating almost R4-trillion, according to research firm Gartner. A recent study by the company revealed that wearable device sales are expected to grow by 16.7% during the year, with an estimated sale of 41.5-million smartwatches... 

Brown extends Eskom deadline, demands more info

1st September 2017 Public Enterprises Minister Lynne Brown has extended the 48-hour deadline given to Eskom on Tuesday. She has asked the state utility to provide more information regarding payments and business relations related to the Gupta-linked Trillian firm. 

Bodies of two last remaining trapped Kusasalethu miners recovered

31st August 2017 The bodies of the two trapped miners at the Kusasalethu mine near Carletonville have been recovered, Harmony Gold said on Thursday. Harmony Gold spokesperson Marian van der Walt said the bodies were found at around 12:00 on Thursday afternoon. 

Why not just nationalise SARB? – Kganyago

31st August 2017 "Why not just nationalise the SA Reserve Bank (SARB)?" governor of the SA Reserve Bank (SARB) Lesetja Kganyago asked during his public lecture at the Unisa Graduate School of Business Leadership on Wednesday evening. "Nationalising SARB will not change anything useful we cannot change in any... 

Gordhan to speak out over Treasury IT mismanagement claims

31st August 2017 Claims of financial mismanagement of government's Integrated Financial Management System (IFMS) is part of a well-orchestrated campaign by the "Gupta syndicate", according to former finance minister Pravin Gordhan. Gordhan, who is currently out of the country, said he will provide a comprehensive... 

Don't panic, we are not funding SAA – GEPF

31st August 2017 The Government Employees Pension Fund (GEPF) assured its members, pensioners and beneficiaries that it has not received any proposal to help fund South African Airways (SAA). GEPF is Africa’s largest pension fund with more than 1.2-million active members from more than 325 government departments,... 

Rand Water cuts Bushbuckridge water level by 20% over massive debt

30th August 2017 Water supply to Bushbuckridge Local Municipality has been reduced by 20% over a whopping R200-million debt owed to Rand Water said spokesperson Justice Mohale said on Wednesday. Mohale told News24 that the total owning as of the end of July 2017 was R269 963 449. 

It's official: Vuyani Jarana is SAA's new CEO

30th August 2017 Newly appointed South African Airways (SAA) CEO Vuyani Jarana has signed his employment contract with the national carrier, spokesperson Tlali Tlali confirmed on Tuesday. “SAA is pleased to announce that Mr Vuyani Jarana has accepted its offer of employment with the airline. 

48 municipalities still owe Eskom billions – Minister

30th August 2017 Forty-eight municipalities still owe Eskom-billions of rand in combined debt, Cooperative Governance and Traditional Affairs Minister Des van Rooyen said on Tuesday. Twenty of those municipalities had registered progress in terms of compliance, he said following a quarterly Presidential... 

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