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City of Cape Town to spend over R2bn on new housing – De Lille

2nd October 2018 The city of Cape Town’s Transport and Urban Development Authority (TDA) will spend over R2-billion on new housing over the next three financial years, with over R500-million budgeted for 2018/19, mayor Patricia de Lille said on Tuesday. In a statement, de Lille said the 2018/19 budget was... 

Gauteng universities walk away with 14 research foundation awards

27th September 2018 Four Gauteng-based universities walked away with a combined total of 14 awards at the National Research Foundation (NRF) Annual Award Ceremony in Port Elizabeth on Wednesday night. University of the Witwatersrand (Wits), the University of Johannesburg (UJ), the University of South Africa (UNISA),... 

Mastercard introduces cashless payment for SA's prepaid utility services

26th September 2018 Mastercard said on Wednesday South Africans could now buy prepaid utility services or pay their accounts from about 600 bill issuers with the new EasyPay mobile app using Masterpass, the global digital payment service from the financial services firm. The initiative marks a milestone in... 

Selling off assets won't save SAA, says DA

24th September 2018 Reported plans to sell off certain assets will not save the South African Airways (SAA) and the airline needs to be put into business rescue, the Democratic Alliance said on Sunday. The DA was not surprised by media reports on Sunday that SAA was contemplating selling off assets as a result of... 

Parliament's Environmental Affairs committee pays tribute to late Minister Edna Molewa

24th September 2018 Parliament's environmental affairs portfolio committee has joined others in paying tribute to environmental affairs minister Edna Molewa, who died at the age of 61 in a Pretoria hospital on Saturday after a short illness.  "The committee is saddened by the passing of the minister, as she has... 

South African investment mission to Japan 'successful', says acting Invest SA head

24th September 2018 Many Japanese companies are keen to invest in South Africa and others are interested in expanding their investments, Invest South Africa acting head Yunus Hoosen said on Sunday. . In a statement after returning from an investment mission by the trade and industry department (DTI), together with... 

Mining Charter to be gazetted next week

21st September 2018 The final Mining Charter would be gazetted next week by Mineral Resources Minister, Gwede Mantashe. The Charter was approved with minor amendments by the September 19 Cabinet meeting. 

Ramaphosa to lead SA delegation to UN assembly

21st September 2018 President Cyril Ramaphosa will on Saturday travel to New York where he will lead a South African delegation at the 73rd session of the United Nations (UN) General Assembly, his office said on Friday. In his first participation at the assembly as head of state, Ramaphosa will take part in an... 

Gold wage talks deadlock again between Sibanye and AMCU

20th September 2018 Wage negotiations between the Association of Mineworkers and Construction Union (AMCU) and Sibanye-Stillwater reached a deadlock once again on Thursday. "No agreement has been reached and wage talks continue," AMCU said in a terse statement. 

Interest rates likely to stay unchanged as economy struggles

20th September 2018 South Africa's central bank is likely to keep interest rates unchanged on Thursday despite inflationary pressures stemming largely from a weaker rand, hamstrung mostly by concerns over the ailing economy. The economy slipped into a recession after gross domestic product contracted by 0.7 percent... 

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