Category: BUSINESS
Workers 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
Read MoreEskom fails to achieve energy availability target of 70% – SABC News
According to the latest data released by Eskom from April 2024 to March 2025, Eskom only managed to reach 60.6 percent of its 70 percent energy availability factor (EAF) target.
Read MoreChina, HK stocks rise on hopes of trade negotiations – SABC News
China and Hong Kong shares rose on Thursday, as investors downplayed the latest US tariff increase on Chinese imports and pinned their hopes on talks between the world’s two largest
Read MoreUS tariffs marks death of AGOA: Expert – SABC News
University of Johannesburg’s Director of the Centre for Africa-China Studies David Monyae says the newly imposed tariffs on South Africa by the United States points to the death of the
Read MoreAfrica should start searching for new trade markets: Analyst – SABC News
Investment analyst Roy Mutooni says Africa should start searching for new trade markets in the continent as the US imposes tariffs on countries around the world. Many countries including China
Read MoreBETI records increase in economic transactions – SABC News
BankservAfrica’s Economic Transactions Index (BETI) has recorded an increase in economic transactions in March. This comes despite tough economic conditions including an intensifying global trade war. The BETI measures the
Read MoreEmerging markets to struggle following market turmoil: Expert – SABC News
Markets have been in turmoil as US President Donald Trump’s global tariffs officially came into effect today. Analysts note that emerging markets typically struggle during times of uncertainty and this
Read MoreCommunity, spaza shop owners gather in Soweto to get info on funding – SABC News
Community members including spaza shop owners have gathered in large numbers at Eyethu Shopping Centre in Soweto ahead of the official launch of the Spaza Shop Support Fund. Many say
Read MoreDollar falls as prospect of tariff talks calms global markets – SABC News
The US dollar fell on Tuesday while the euro rallied as stocks rebounded in Asia and Europe on hopes that U.S. President Donald Trump will enter negotiations over his sweeping
Read MoreSABS on the verge of collapse, warns Parliament Committee – SABC News
Parliament’s Portfolio Committee on Trade, Industry and Competition says the South African Bureau of Standards (SABS) is on the verge of collapse. Among the problems it highlighted was the agency’s
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