French President Macron calls Saudi crown prince on Aramco attacks - press
World
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Rand slips on dismal business confidence data; all eyes on ECB
The rand fell in early trade on Thursday, after data showed that a gauge of country’s business confidence hit its lowest in decades, while investors awaited outcome of an European Central Bank (ECB) meeting.
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Mabuza implores S Africans to pay for govt services they consume
Deputy President David Mabuza also said he would report all departments and their political heads to President Cyril Ramaphosa if they fail to address the growing debt which was owed mostly to Eskom.
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Saftu, Numsa threaten mass protests over new labour laws
The federation and its affiliate, the National Union of Metalworkers of South Africa (Numsa) are opposed to the laws which are geared at easing labour relations between employers and workers.
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SA Express promises to make better use of R300m guarantee
SA Express will now have to live up to its assurances after National Treasury threw the airline a lifeline by granting it a R300 million guarantee.
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Patel: New UK deal will allow trade to conitnue without disruptions
South Africa has a back-up to protect its trade ties with the United Kingdom should Britain leave the European Union without a deal in place on 31 October.
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Rand falls on growth worries, Naspers slumps
At 1540 GMT the rand was 0.79% weaker at 14.7525 per dollar, giving up some of its recent gains spurred by better-than-expected second-quarter economic growth data.
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SA concludes trade deal with UK should there be no-deal Brexit
A no-deal Brexit without a new agreement in place would have hit the South African economy, costing jobs and loss of exports, as Britain is a key trading partner.
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Mabuza: All govt departments must honour Eskom debt
Deputy President David Mabuza said power utility Eskom was struggling and government departments and entities were partly to blame for its financial woes.
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SA Express handed R300m lifeline
Last year, the state-owned entity was granted a R1.2 billion guarantee that it said was swallowed by historic debt.
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Momentum gives clients peace of mind with panic button on app
According to the insurer, the safety alert is an innovative emergency panic button linked to armed response, which is available on the Momentum app.
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R7bn set aside to refurbish Cape Town International Airport
It will see the addition of a new runway and international and domestic departure lounges.
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Plans to merge SAA, SA Express & Mango to come before Cabinet soon
Merging the carriers has been on government’s agenda for years, as it would allow for routes to be rationalised and greater cost savings.
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SA's business confidence slumps to 2-decade low in third quarter
The Rand Merchant Bank (RMB) business confidence index compiled by the Bureau for Economic Research was at 21 points, still well below the 50-mark separating the net positive and negative territories.
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Maroleng wants to be reinstated at SABC
Former SABC COO Chris Maroleng said that he wants the Labour Court to reverse his termination and to allow him to return to work.
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Rand stretches gains on easing downgrade worries
The rand has advanced more than 3% since last week’s better-than-expected second-quarter economic growth data, and as comments by ratings firm Moody’s on Tuesday that downgrade from Baa3 to sub-investment was unlikely in the near-term further boosted sentiment.
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Some MPs left frustrated by Eskom's bailout requests
A select committee was considering a bill that would see the power company being allocated an addition R59 billion over the next three years.
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Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney
The long-awaited Apple TV+ streaming television service will be available in over 100 countries, starting in November. The service will not be available in China when it launches, nor will the Apple Arcade video game subscription.
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Plan to force pension funds to invest in SOEs is theft, says DA
Lawmakers debated the issue in the National Assembly on Tuesday. While most opposition parties slammed the idea, both the ANC and the EFF backed it.
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Wits Business School says Motsoeneng was never a lecturer at the institution
Hlaudi Motsoeneng was testifying at the state capture commission where he said the institution turned his lectures into the syllabus.
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3 SABC employees suspended for ‘sabotaging’ Ramaphosa’s address
The clip shows President Cyril Ramaphosa making mistakes and asking to start over in what was thought to be a live broadcast.
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Eskom asks govt for more money as debt climbs beyond R450bn
The power utility’s debt is reaching levels beyond R450 billion and Mabuza was in Parliament on Tuesday asking government for more money.
