Category: BUSINESS
FF+ questions Amazon Web Services ownership rule – SABC News
The FF Plus is calling on the Trade, Industry and Competition Department and Amazon Web Services to clarify whether South African law has mandated the requirements of the company’s investment
Read MoreGDP shrinks by 0.2% in the second quarter
The local economy contracted by 0.2% in the second quarter of this year. Statistics South Africa’s (StatSA) newly released data shows that the Gross Domestic Product (GDP) decreased by 0.2%
Read MorePublic comments for Eskom’s proposed 8.83% tariff hike for 2027 open
The National Energy Regulator of South Africa (NERSA) says it is of utmost importance for the public to participate in public consultations, as their input will affect electricity tariff hikes.
Read MoreAusterity blamed for weak business confidence
Economists have warned that business confidence will remain low unless the government reverses its decision to cut spending in critical sectors. The warning comes as the country awaits Statistics South
Read MoreExpo hears that skills shortages threaten share of minerals boom – SABC News
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Read MoreUK’s Jaguar Land Rover to cut 10% of workforce under turnaround plan – SABC News
The luxury carmaker, which is owned by India’s Tata Motors and has 17 sites in England, said it would cut around 4 000 jobs, targeting £1.7 billion ($2.30 billion) in
Read MoreWorld Bank urges Zimbabwe to turn stability into formal Jobs – SABC News
Zimbabwe has a timely opportunity to build long-term economic momentum and expand formal employment opportunities, according to a new World Bank Group report titled The Zimbabwe Growth and Jobs Report,
Read MoreGo!Durban to finally hit the road in December after years of delay – SABC News
eThekwini Mayor Cyril Xaba has assured residents that the first phase of the city’s long-awaited integrated public transport system will commence in December. Xaba gave an update on the progress
Read MoreEFF demands support package for emerging black farmers in F State
The Economic Freedom Fighters (EFF) in the Free State is calling for urgent commercialisation support for black farmers. The party says the support should include machinery, production inputs, livestock genetics,
Read MoreElectricity bills to rise by 8.8% if Eskom gets its way with NERSA – SABC News
Another above-inflation electricity tariff hike could be on the cards for consumers if Eskom gets its way. The power utility is seeking to implement an average tariff increase of 8.8%
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