Category: BUSINESS
Godongwana holds final say on VAT hike decision: Maswanganyi – SABC News
Chairperson of the Standing Committee on Finance in Parliament, Joe Maswanganyi, says the decision to implement the proposed 0.5% Value Added Tax (VAT) increase rests solely with Finance Minister Enoch
Read MoreNew ship-to-shore crane at PE Port to enhance operational efficiency – SABC News
The Minister of Transport Barbara Creecy says the new ship-to-shore crane at the Port Elizabeth container terminal will enhance operational efficiency and competitiveness in an increasingly interconnected global economy. Creecy
Read MoreUNTU rejects Transnet’s 17.5 % wage offer – SABC News
Job security is one of the main issues dividing Transnet management and the United National Transport Union (Untu). The two parties met on Monday morning to resolve their wage dispute
Read MoreEskom stabilises grid as it prepares for harsh winter – SABC News
Eskom is conducting high levels of planned maintenance in anticipation for high demand for the coming winter season. According to a statement released on Friday, 11 April, the power utility
Read MorePresident Ramaphosa prioritises African trade amid global instability – SABC News
President Cyril Ramaphosa says South Africa is looking at strengthening various trade opportunities on the continent amid the escalating global trade war. In his weekly letter to the nation, Ramaphosa
Read MoreBattered dollar drifts lower on tariff nerves – SABC News
The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s reserve currency remained in question following a stream of tariff-related pronouncements
Read MoreAsian tech stocks bounce back after Trump tariff exemptions – SABC News
Shares in Asian tech companies that are major suppliers to companies like Apple rose on Monday after the US government granted temporary exclusions from steep tariffs on smartphones, computers and some
Read MoreStruggling households choose electricity over food: Debt Rescue SA – SABC News
South Africans are having to cut back on food to keep the lights on. This is according to the chief legal officer at Debt Rescue South Africa, Annaline van der
Read MoreEskom to scale down maintenance for winter demand: Ramokgopa – SABC News
Minister of Electricity and Energy Dr. Kgosientsho Ramokgopa says Eskom will reduce its scheduled maintenance during winter to meet higher electricity demand. In a written reply to Parliament, Ramokgopa explained
Read MoreWorkers await offer as CCMA gives PRASA 60-Day deadline – SABC News
The Commission for Conciliation, Mediation and Arbitration (CCMA) has given the Passenger Rail Agency (Prasa) 60 days to present a wage offer to the workers. Currently, the employer has refused
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