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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... 

Ramaphosa salutes defence industry for economic input, jobs

19th September 2018 President Cyril Ramaphosa on Wednesday paid tribute to South Africa's massive defence industry for creating much needed jobs and bringing in foreign currency. "For both security and developmental reasons, South Africa is looking after its defence industry, which is not only viewed as a department... 

Pretoria high court dismisses Transnet director's challenge to dismissal

19th September 2018 The Pretoria High court on Tuesday dismissed former Transnet director Seth Radebe's challenge to have his removal by Public Enterprises Minister Pravin Gordhan set aside. Gordhan said in a statement he welcomed the ruling, adding that Rabebe's approach to the court had been "vexacious". 

Cable theft puts brakes on Pretoria-Joburg Metrorail trains

19th September 2018 Metrorail said on Wednesday that its train service running between Pretoria and Johannesburg was disrupted due to overhead catenary wires being cut and stolen at Irene from both the up and down lines.  Goodman Matampi, acting provincial manager of Gauteng Metrorail, said trains to and from... 

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