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Endemic poverty now a threat to SA stability – analyst

12th August 2015 Widespread unemployment and snowballing levels of poverty could spark unrest in South Africa, political analyst Aubrey Matshiqi said at the Institute for Security Studies (ISS) on Wednesday. “It is argued in the (ISS) paper that we spend very little time looking ahead. We obsess over Nkandla,... 

AMCU rejects wage offer, demands overtime payment

12th August 2015 The Association of Mineworkers and Construction Union (AMCU) has said it has rejected the wage offer from gold producers and has also demanded overtime monies owed to thousands of mine workers since 2000. AMCU president Joseph Mathunjwa said the union had done research and calculated how the gold... 

Gold wage talks to continue on Wednesday

12th August 2015 Gold producing companies will receive feedback from three trade unions after the wage negotiation resume in Boksburg on the East Rand on Wednesday. The National Union of Mineworkers (NUM), Solidarity and Uasa conditionally accepted the offer from AngloGold Ashanti, Evander Gold Mines, Harmony and... 

Probe into PetroSA R15bn loss to be completed by month end – Joemat-Pettersson

11th August 2015 A probe into the cause of state-owned petroleum company PetroSA’s financial woes which would see it declare a multi-billion rand loss for the 2014/15 financial year was due to be completed by the end of August, Energy Minister Tina Joemat-Pettersson revealed on Tuesday. In a written reply to a... 

City of Cape Town argues that Sanral board could not have made a decision through ‘osmosis’

11th August 2015 Sanral used an “irrational” procedure when it made the decision to go ahead with tolling the N1 and N2, the City of Cape Town has argued in the Western Cape High Court on Tuesday. The court was hearing the City of Cape Town’s application to have the South African National Road Agency Limited’s... 

Gauteng hit by fuel shortages

11th August 2015 Gauteng has been hit by shortages of fuel, with retailer BP the most affected, the Fuel Retailers Association (FRA) said on Monday. FRA CEO Reggie Sibiya said the shortage of fuel was the result of a shutdown of a refinery in Durban due to unplanned maintenance, and disruptions at Sapref, a joint... 

5 000 military veterans should receive houses in next 8 months – Sisulu

11th August 2015 More than 5 000 veterans registered on the department of military veterans database should have houses by the end of this financial year, human settlements minister Lindiwe Sisulu said on Monday. Addressing over 200 military veterans in Cape Town, Sisulu announced that provinces would prioritise... 

Telkom’s purchase of BCX clears final hurdle

6th August 2015 Telkom’s purchase of Business Connexion cleared its final hurdle when it was issued with a clearance certificate by the Takeover Regulation Panel on Thursday. Earlier this week, on Tuesday, the Competition Tribunal approved the deal. 

Stage 2 load-shedding from 5pm on Wednesday

5th August 2015 Stage 2 load-shedding was expected to take effect from 17:00 on Wednesday, Eskom said. “The power system was constrained but stable for most of the day today, thus enabling Eskom to perform maintenance without the need for load shedding,” the power utility said in a statement on Wednesday. 

Industrial park in Khayelitsha’s pipeline

4th August 2015 The City of Cape Town on Tuesday announced it was moving ahead with its plans to sell up land, making space for an industrial park in Khayelitsha, but were not yet able to give a date for the bidding process to begin. “There are many Council processes which would need to be followed and it is... 

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