UK PM Johnson pledges to end Brexit uncertainty, says it has paralysed economy
World
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Unions confirm SAA strike for Friday
The airline announced that it intends to retrench 945 workers but Satawu said it was not notified.
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Saica told Anoj Singh ordered accelerated delivery of controversial locomotives
Francis Callard has told the Saica hearing that Singh demanded the delivery of up to 480 locomotives be brought forward at the risk by negating critical factors, such as Transnet engineering’s capacity.
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Satawu: SAA didn’t follow proper procedures for planned retrenchments
They've approached the Labour Court in Johannesburg to seek an interdict to stop SAA's planned retrenchments.
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Ex-Transnet manager details irregular processes at Anoj Singh's Saica hearing
Singh who is a former CFO at Transnet and Eskom faces 18 charges of misconduct for his dealings when he was responsible for the finances in the two state-owned companies.
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Nedbank to pay for mortgages under new rewards scheme
Its Greenbacks programme was overhauled this year as the country’s biggest lenders step up efforts to win and retain customers following the launch of a number of upstart banks.
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Numsa says SAA made late offer to avert to strike
The union would not be drawn on the details of the late-night offer.
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SAA strike will further endanger battling airline, says CFO
Unionised staff plan to down tools on Friday and on Saturday in protest against SAA's restructuring plans.
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SAA cancels flights for Friday, Saturday ahead of strike
SAA has, however, clarified that partner airlines, including SA Express, Mango and SA Airlink will not be affected by the cancellations.
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Strike the only way to make SAA listen to grievances, say unions
Three thousand workers belonging to Numsa and the South African Cabin Crew Association (SACCA) are expected to embark on a strike over wages and job cuts on Friday.
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Rand edges firmer, stocks dip
At 1650 GMT the rand was 0.2% firmer at 14.9200 per dollar compared to an opening level of 14.9290.
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Samwu signs wage deal with City of Tshwane
Samwu’s regional secretary Mpho Tladinyane said workers would receive backdated pay from July 2017.
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Make alternative arrangements for Friday, Numsa tells SAA customers
Cabin crew members, check-in staff, ticket sales employees, head office personal and technical workers are all expected to go on strike in two days’ time.
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Gavin Watson’s family accuses Angelo Agrizzi of stealing R35mn
Gavin Watson’s nephew, Jared, laid the complaint of theft on Wednesday, claiming R35 million went missing under Agrizzi while he was still in employed by the company now called African Global Operations.
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Unions serve SAA with 48-hour strike notice
The announcement comes just hours after the South African Airways board warned industrial action could sound the death knell for the struggling airline.
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Witness highlights changes instructed by Singh in procurement of locomotives
Former Transnet strategy manager Francis Callard is the first witness to appear before this disciplinary committee on Wednesday.
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Cape Chamber of Commerce slams ArcelorMittal decision on Saldanha plant
The facility, owned by steel giant ArcelorMittal, is a critical economic driver in the West Coast town.
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SAA can't table financial statements for fear of audit disclaimer, MPs told
Members of the SAA board and management on Wednesday briefed Parliament’s Standing Committee on Public Accounts about the reasons for the non-tabling of annual statements.
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The coffee conundrum: consumption is up but trade prices are low
Two billion cups of coffee are drunk every day, according to Fairtrade International, which works to improve the lot of farmers through better pricing and conditions.
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PIC files liquidation proceedings against Sekunjalo
This was due to the company's failure to honour its repayments for an outstanding loan, which had been advanced by the fund.
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Rand flat; focus shifts to key retail data
South African-focused investors will turn their attention to retail figures on Wednesday and mining production data on Thursday for clues on the health of the economy.
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Sars warns that giving PP Zuma’s tax info could have dire consequences
Sars Commissioner Edward Kieswetter said that Public Protector Busisiwe Mkhwebane had put the revenue service between a rock and a hard place with this matter and hoped the courts would provide clarity.
