The opposition Democratic Alliance has called on government to review schedule 2 of the Electricity Regulation Act, which it says will help bring an end to load shedding in South Africa. The party said that the change will effectively allow for private energy generation in the country outside of the embattled state power utility Eskom....
Category: <span>Business</span>
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JD Group Launched Everyshop to Compete with Takealot
The JD Group has finally launched their ecommerce business Everyshop that offers a wide range of products, from technology, fashion, computers, appliances, and furniture through Rochester, Sleepmasters, Bradlows, and Russells. Everyhop join family brands of Incredible Connection and HiFi Corp which are both owned by JD Group. According to Mybroadband, “JD Group has a national...
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We don’t Have Funds for 2021 Academic year says Education Minister
Higher Education Minister Blade Nzimande says that the National Student Financial Aid Scheme (NSFAS) does not have enough funds to pay for the 2021 academic year. “NSFAS is facing a shortfall on its funding for 2021, which means that it has been unable to confirm funding for new university students,” he stated. Nzimande said that...
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African Corporate Star and ABSA Deputy CEO Peter Matlare has died
Absa Group Ltd. Deputy Chief Executive Officer Peter Matlare has died Sunday after succumbing to Covid-19 related complications. The executive, 61, had been with South Africa’s third-largest bank since 2016 and was previously head of foods group Tiger Brands Ltd. and state broadcaster SABC. “We express our heartfelt sympathy and condolences to Peter’s wife Nomvula and...
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Broadcast Journalist Karima Brown Died after Short Battle with Covid-19
South African veteran journalist and political analyst Karima Brown has passed on this morning in Johannesburg. According to the media reports the talk show host died from COVID-19 related complications on Thursday morning. Brown was admitted to hospital in February and was receiving treatment for the virus. “We are enormously proud of the fierce determination...
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It is Unfair for Joburg Residents to be Burdened with Paying – tolls, says Mamabolo
Gauteng government has made submissions to the national government to reaffirm its rejection of the implementation of the e-tolls in the hope of halting its rollout in the province, The Citizen reported. According to the MEC of public transport and roads infrastructure Jacob Mamabolo, provincial government has been working with national government to ensure the implementation...
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Communications Minister to Give New Post Office CEO all the Support to Succeed
Communications and Digital Technologies Minister Stella Ndabeni-Abrahams on Monday said she would give newly appointed Post Office CEO Nomkhita Mona her full support to turn around the state-owned entity. Last week, Mona was appointed to the position for a five-year term after it was left vacant since 2019. Mona has experience in both the private...
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South Africa Moved to Level 1 Lockdown
South African head of state and president Cyril Ramaphosa has announced that lockdown restrictions in Mzansi will be relaxed, with the country moving to COVID-19 alert level 1. In his national address on Sunday evening 28 February, Ramaphosa announced that the lockdown level of the country will be reduced in line with the decline in...
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Truworths to Launch a New value Fashion Chain called Primark
South African retailer Truworths is launching a new value fashion chain called Primark – no relation to the international retailer of the same name. Truworths plans to open approximately 15 Primark stores over the next few months, with an average store size of 100m² during the launch trial phase. These will be a mix of...
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SARS Commissioner Edward Kieswetter is Gataval with State-sponsored Corruption in SA
Edward Kieswetter the Commissioner of the South African Revenue Service (Sars) is fed up with effects of corruption that is unfolding in the republic of South Africa. “‘I’m infuriated!’ Commissioner Edward Kieswetter says he feels the need to speak truth to power,” he was speaking to Bruce Whitfield on Talk Radio 702 after Finance Minister...