Category: BUSINESS
29 foreign nationals arrested during labour blitz in Hammarsdale
Twenty-nine foreign nationals have been arrested during a multidisciplinary labour inspection in Hammarsdale, west of Durban. Among those arrested were a Chinese factory owner and her husband, who were allegedly
Read MorePIC welcomes court ruling to re-install Dlamini as CEO
The new board of the Public Investment Corporation (PIC) has welcomed this week’s judgement of the Pretoria High Court to re-install Patrick Dlamini as the PIC’s CEO. In a statement
Read MoreUS dollar rises against yen as markets eye Iran deal – SABC News
The US dollar rose against the Japanese yen on Thursday, helped by safe-haven positioning from investors awaiting details on a proposed deal to end the Iran conflict and ahead of
Read MoreKganyago pushes for growth-oriented reforms – SABC News
South African Reserve Bank (SARB) Governor Lesetja Kganyago has urged South Africa to be less risk-averse and take greater risks to support economic growth. Kganyago welcomed the government’s decision to
Read MoreIcasa notes planned Nehawu strike
The Independent Communications Authority of South Africa (Icasa) says it has noted the planned strike action by the trade union, Nehawu, at the regulator after wage negotiations between the two
Read MorePSA hopeful stability will return to PIC following board resignations – SABC News
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Read MorePIC CEO probe to continue despite court reinstatement: PSA
The Public Servants Association (PSA) says investigations will continue into allegations made against Public Investment Corporation (PIC) CEO Patrick Dlamini despite his reinstatement. This comes after the High Court in
Read MoreSolidarity demands Media24 prove alternatives before retrenchments
Union Solidarity says it will demand that Media24 prove that it has explored all alternatives before issuing retrenchment notices to its staff members. This comes after the media organisation furnished
Read MoreCape Town Airport runway temporarily closed after plane’s tyres fail
The main runway at Cape Town International Airport is temporarily closed after a Kenya Airways plane’s tyres failed on landing, South Africa’s airports operator said on Tuesday. Airports Company South
Read MorePIC CEO Patrick Dlamini reinstated
The CEO of the Public Investment Corporation (PIC) Patrick Dlamini has been reinstated into his position after the Gauteng High Court in Pretoria set aside his suspension, which it found
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