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Eskom implements Stage 1 load shedding

7th December 2018 State power utility Eskom said on Friday it would again effect rotational powercuts to reduce demand and avoid a collapse of the grid, but that this would be on a lower scale than in recent days. "Eskom will be implementing Stage 1 rotational load shedding from 09:00 and this is likely to... 

Business confidence edges up slightly as momentum flattens – Sacci

6th December 2018 Business conference among South African companies edged up just slightly in November, with the momentum seen since September slowing, a survey showed on Thursday. The South African Chamber of Commerce and Industry's  (Sacci) business confidence index (BCI) for November 2018 measured 96.1, up just... 

Ramaphosa to announce effective date for national minimum wage in Kliptown

6th December 2018 President Cyril Ramaphosa will on Friday proclaim the effective date for the recently approved national minimum wage, his office said. Consensus on the minimum wage was reached by stakeholders under the auspices of the National Economic Development and Labour Council (Nedlac) and has been set at... 

Denel confirms it cancelled pilot bursary for Mahumapelo Jr

5th December 2018 Denel confirmed to MPs on Wednesday it had terminated a R1.1-million bursary agreement with Supra Mahumapelo Jr, the son of the former North West premier. Briefing Parliament's portfolio committee on public enterprises, Denel board audit committee chair Talib Sadik said an investigation into the... 

Eskom to implement rolling power cuts

5th December 2018 State power utility Eskom said on Wednesday it would implement rotational powercuts from 9 am to 10 pm as a result of a shortage of capacity due to a number of generating units still being out of service due to breakdowns. "Our maintenance teams continue to work hard to bring the units back to... 

Joburg most popular African city for fifth consecutive year – Mastercard survey

4th December 2018 Johannesburg has emerged as the most popular destination city in Africa for the fifth consecutive year, according to the annual Mastercard Global Destination Cities Index released on Tuesday.  The City of Gold, as Johannesburg is affectionately known, attracted 4.05-million international... 

Eskom implements Stage 2 load shedding

4th December 2018 Eskom on Tuesday said it was implementing load shedding across South Africa as it seeks to manage an electricity shortfall. "As a result of a shortage of capacity due to a number of generating units still out of service due to breakdowns, Eskom will be implementing Stage 2 rotational load... 

Japanese embassy donates mobile clinic to speed up occupational health claims

4th December 2018 The Japanese Embassy on Monday donated a mobile clinic facility to the Aurum Institute in a bid to speed up the assessment of occupational health claims from former miners with the support of Compensation Commissioner Barry Kistnasamy. The Aurum Institute has 20 years of experience in researching... 

Construction starts on most technically advanced vessel ever built in South Africa

3rd December 2018 A South African black-owned shipbuilding company has taken big steps in the transformation of the maritime sector by forging ahead on a multi-billion rand build programme for a new hydrographic survey vessel for the country’s navy. On Friday, Southern African Shipyards (SAS) went one step further... 

Investors inject R502m into East London development zone

3rd December 2018 Meek Mines South Africa and Nulatex Condoms South Africa have announced a R502-million investment into the East London Industrial Development Zone (ELIDZ) expected to create 450 jobs for locals. Meek, which cuts and polishes diamonds mined for supply to both the domestic and foreign market, will... 

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