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African News Agency

Data costs to be subject of market inquiry

25th May 2017 A market inquiry into high data costs in South Africa is on the horizon. “We will also in the budget speech, note that I will be making request to the Competition Commission to conduct a market inquiry into the high cost of data,” Economic Development Minister Ebrahim Patel said during a media... 

Ford’s R1m offer a slap in the face, says Reshall Jimmy’s family

25th May 2017 The family of Reshall Jimmy, who died after his Ford Kuga burst into flames in December 2015, revealed on Thursday that they had felt deeply insulted by the company’s offer of another Ford vehicle, valued up to R1 million. Renisha Jimmy, Reshall’s sister, said outgoing Ford sub-Saharan Africa... 

Nelson Mandela Bay water crisis drops to disaster status

25th May 2017 Nelson Mandela Bay was formally declared a water disaster by Executive Mayor Athol Trollip. Th mayor formally declared the metro a disaster area on Monday after major storage dams dropped to 38.5%. At a media briefing on Wednesday, Trollip said the city faced a severe drought and had been... 

General Motors rebuffs allegations of acting in bad faith

25th May 2017 General Motors (GM) on Wednesday rebuffed allegations that it had acted unilaterally without consulting trade unions about its disinvestment from South Africa and the resulting imminent retrenchments. This comes after GM announced last week that it was disinvesting from South Africa and that it... 

Denel contradicts Gigaba’s reported stance on VR Laser Asia

24th May 2017 Denel on Wednesday contradicted reports that Finance Minister Malusi Gigaba had ordered the State-owned arms manufacturer to dissolve its controversial joint venture with VR Laser Asia, a company linked to the Gupta business empire, and withdraw its litigation against National Treasury for... 

SACP denounces disinvesting General Motors acting in bad faith

24th May 2017 The South African Communist Party (SACP) came out in support of workers at General Motors South Africa (GMSA) and its supply chain on Wednesday, denouncing the disinvesting company for allegedly acting unilaterally and in bad faith towards the labour movement. “The SACP expresses its message of... 

Numsa demands full disclosure of GM deal with Isuzu

24th May 2017 The National Union of Metalworkers of South Africa (Numsa) said on Wednesday that it was demanding full disclosure on General Motors' (GM's) deal with Isuzu. This comes after the Numsa officials met with GM employees on Tuesday in Port Elizabeth to discuss details of the company’s decision to... 

NUM to begin wage negotiations with Kumba Iron Ore

24th May 2017 The National Union of Mineworkers (NUM) said on Tuesday, it will this week start wage negotiations with Kumba Iron Ore as the three-year agreement comes to an end on June 30. The NUM said it will table the demands of its members in Kumba Iron Ore operations in the Northern Cape, in Kolomela and... 

Gigaba punts financial sector reform

23rd May 2017 Finance Minister Malusi Gigaba on Tuesday said National Treasury would support parliamentary processes aimed at regulating the South African financial sector to make the industry inclusive. “The financial sector plays a critical role in our country, but this must be enhanced to achieve the... 

Gordhan lays into Eskom board over Molefe

23rd May 2017 Former Finance Minister Pravin Gordhan on Tuesday called for the Eskom board to be fired and a full investigation into not only Brian Molefe’s return to the power utility, but his actions in his previous job at Transnet. Gordhan told Parliament’s portfolio committee on public enterprises, of... 

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