19.7.2019 05:20 pm
The ‘go-slow’ strike led to delays in the dropping off and collection of goods, hurting the automotive, citrus, meat, textiles and electronic sectors.
Transnet said on Friday it anticipates that it will take close to two weeks to clear the backlog at the Ngqura Container Terminal in Port Elizabeth, which has been hit by unprotected industrial action.
The cut will bring the prime lending rate down to 10%, thereby ‘increasing economic activity and bring much needed relieve to hard-pressed consumers’.
The Sarb now expects GDP growth for 2019 to average 0.6 percent, down from 1.0 percent in May.
The provincial government has spent over R483 million on bursaries since 2009.
Nehawu says government should strengthen the public service by implementing strategies that will enable workers to be more effective and productive.
Production guidance for 2019 however remained unchanged at 4.2–4.5 million PGM ounces.
The company has burned through six CEOs and two chairmen in seven months, with one CEO lasting a day and another a week.
The former PIC CEO denies trying to facilitate a R95 million payment to a businessman.
‘This role gives me the opportunity to drive digital innovation and financial inclusion across the group’s vast footprint,’ Cuba said.
The road agency’s debt collectors have proposed writing off part of one’s debt for each year of compliance.
Despite current concerns around South Africa’s economic growth, property still provides a solid investment.
There are plans to add between 18 and 35 coaches to the train network within the next 18 months, says Gautrain’s CEO.
The state asset manager increased its investment in the entity that imploded in December 2017, rather than pulling out.
Nine of every 10 retirees included in Old Mutual’s survey are working to supplement retirement income.