Category: BUSINESS
Electricity tariff hikes might lead to illegal connections: SALGA – SABC News
The SA Local Government Association (SALGA) has warned that the recently approved electricity tariff increases might lead to illegal connections in different communities. The National Energy Regulator (NERSA) has approved
Read MoreHigh expectations ahead Maile’s budget speech – SABC News
Gauteng residents have high expectations of the provincial budget speech. This is as Finance and Economic Development MEC Lebogang Maile is set to table the provincial budget and how it will be
Read MoreKenny Fihla appointed new Absa CEO – SABC News
Kenny Fihla has been appointed as the new Absa CEO. Fihla, who serves as Standard Bank Group Deputy Chief Executive and CEO of Standard Bank South Africa, resigned from all his
Read MoreIthala claims account freezing led to systematic bank collapse – SABC News
The legal team of Ithala SOC Limited has argued in the Labour Court in Durban that freezing the bank’s accounts was a deliberate systematic collapse of the bank. This emerged
Read MoreProvisional liquidation court application against Ithala to be heard – SABC News
The provisional liquidation application by the Reserve Bank’s Prudential Authority against the Ithala finance agency is expected to be heard in the Pietermaritzburg High Court today. Earlier this month, the
Read MoreSummit looks at improved technology for airlines and passengers in SA – SABC News
The Board of Airline Representatives of South Africa (BARSA) and several stakeholders in the aviation sector have committed to grow and improve the industry in South Africa. This follows appeals
Read MoreLimpopo revives Ga-Mashashane Hatchery to create jobs – SABC News
Residents of Ga-Mashashane, outside Polokwane in Limpopo, have welcomed the provincial government’s efforts to revive their local community chicken hatchery project. The Mashashane Hatchery, which was once the largest producer
Read More‘Efforts made to protect consumers’ rights with online market space’ – SABC News
The Office of the Consumer Goods and Services Ombud says efforts are being made to protect consumers’ rights within the online market space. This was revealed by the organisation’s chief
Read MoreGodongwana hits back at DA over budget proposal claims – SABC News
Finance Minister Enoch Godongwana says the Democratic Alliance (DA) did not submit or present any proposals to him about the budget. Godongwana tabled the 2025 budget in the National Assembly
Read MoreManufacturing production continues downward spiral – SABC News
Manufacturing production in South Africa has continued its downward trend, slipping by 3,3% year-on-year in January 2025. The largest negative contributions were petroleum, chemical products, rubber and plastics division. Meanwhile,
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