Category: BUSINESS
KZN premier welcomes resignation of five Ithala board members
Five board members of financial institution, Ithala SOC Limited, have resigned. KwaZulu-Natal Premier Thami Ntuli has welcomed their departure, calling it a decisive step to stabilise the institution. The resignations come
Read MoreIMF warns Middle East war could derail global growth outlook – SABC News
The International Monetary Fund (IMF) says the war in the Middle East threatens to throw the global economy off course. It is pegging that global economic growth will be 3.1%
Read MoreHopes for US-Iran peace deal lifts markets – SABC News
Markets have reacted positively to reports that the US and Iran may resume talks to end the war despite a blockade on Iranian ports. Local equities were trading slightly higher
Read MoreNumsa declares wage deadlock with Eskom, rejects 7% offer – SABC News
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Read MoreEskom wage talks stall as unions return to members for mandate
Labour unions at Eskom are heading back to their members this week to seek a mandate following a tense fourth round of wage talks. On Friday, the utility tabled its
Read MoreGodongwana, Kganyago to lead SA’s delegation to IMF, World Bank Spring meetings – SABC News
Finance Minister Enoch Godongwana and Reserve Bank Governor Lesetja Kganyago will lead South Africa’s delegation to the Spring meetings of the International Monetary Fund (IMF) and World Bank in Washington
Read More‘Full extent of Standard Bank data breach remains unclear’: Regulator
The Information Regulator says the full extent of the recent data breaches at Standard Bank and Liberty remains unclear as it continues to investigate. The regulator has confirmed it is
Read MoreNEHAWU calls on Dora Nginza Hospital workers to resume duties
The National Education, Health and Allied Workers’ Union has advised its members at Dora Nginza Hospital in Gqeberha to return to work following a strike last week. Healthcare workers had
Read MoreOil tops $100, dollar gains, stocks fall as US moves to blockade Iran – SABC News
Oil prices surged on Monday as the US moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and
Read MoreMaile rules out school security guards, prioritises resources
Newly appointed Gauteng Education MEC Lebogang Maile says his department will not deploy security guards at schools due to budget constraints. Speaking at Bryanston High School, north of Johannesburg, he
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