Category: BUSINESS
Numsa condemns Venus Security for alleged failure to pay salaries – SABC News
The National Union of Metalworkers of South Africa (Numsa) says it condemns the bosses at Venus Security for allegedly failing to pay workers their salaries. The union says the last
Read MoreSABC Plus one million users’ registration lauded – SABC News
The Department of Communications and Digital Technologies has congratulated the public broadcaster, the SABC on the growth of its Over-The-Top (OTT) streaming platform, SABC Plus that has exceeded the one
Read MoreCanada unemployment rate jumps to 6.9% in April as Trump tariffs bite – SABC News
Canada’s unemployment rate rose to 6.9% in April, the highest since November, as US tariffs started to hit Canada’s export-dependent economy in earnest, data showed on Friday. The high unemployment rate in Canada, where the number
Read MoreManufacturing production down 0.8% year-on-year: Stats SA – SABC News
Stats SA has announced that manufacturing production fell by 0.8% in March compared to the same period last year. This marked the fifth consecutive month of decline in industrial activity,
Read MoreXi tells Putin that Russia and China should be ‘friends of steel’ – SABC News
Chinese President Xi Jinping told Russia’s Vladimir Putin on Thursday their two countries should be “friends of steel”, as they pledged to boost cooperation to a new level at a
Read MoreG20 Financial Inclusion Conference hailed as a success – SABC News
Minister of Youth, Women and Persons with Disabilities Sindisiwe Chikunga says the recent G20 Conference on Financial Inclusion, held over two days at Sun City near Rustenburg in the North
Read MoreOmbud warns against cancelling insurance amid economic strain – SABC News
As economic pressures continue to affect households, the National Financial Ombud Scheme has urged South Africans not to cancel their insurance policies or default on premium payments. The warning comes
Read MoreR300 mln set aside to electrify Johannesburg’s informal settlements – SABC News
The City of Johannesburg Mayor, Dada Morero says close to R 300 Million has been set aside to electrify informal settlements in the city. He delivered his State of the
Read MoreSA’s economy held back by structural inefficiencies: Ramaphosa – SABC News
President Cyril Ramaphosa says South Africa’s economy continues to be held back by structural and regulatory inefficiencies. He says the country must grow faster to create necessary employment and needs
Read MoreMoody’s cuts SA’s 2025 GDP growth forecast to 1.5% – SABC News
Moody’s has revised its GDP growth forecast for South Africa downward to 1.5% for 2025, down from its earlier projection of 1.7%. The credit rating agency attributed the revision to
Read More