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Sunday, June 8, 2025

Earthlife pans ANC’s nuclear manifesto

Earthlife Africa, the environmental lobby group, says the support for nuclear energy contained in the ANC manifesto for this year’s national election contradicts the party’s stated commitment to implementing th

Business Report Companies
Donwald Pressly|Published

‘National minimum wage may cut jobs’

The ANC has pledged to investigate the introduction of a national minimum wage.

Business Report Economy
Donwald Pressly|Published

ANC’s job promises seen as ‘pie in the sky’

The focus of the ANC's election manifesto on job creation has been viewed as "pie in the sky" by opposition parties.

Business Report Economy
Donwald Pressly|Published

Rand is under siege

The rand fell to a five-year low in late trade to be bid at R10. 8118 to the dollar at 5pm yesterday.

Business Report Markets
Donwald Pressly|Published

Nuclear deal ‘not done’

The state has dismissed speculation that Rosatom already had a head start to build eight power stations in South Africa.

Business Report International
Donwald Pressly|Published

Pensioners set to sue Transnet

About 70 000 pensioners belonging to two Transnet pension funds are lodging an application for a class action against the state-owned logistics firm to pay about R80 billion into the funds, which they argue is owed to them

Business Report Companies
Donwald Pressly|Published

ANC leaders to thrash out manifesto

The top leadership of the ANC goes into a week-long konkel this week to forge a policy manifesto in election year.

Business Report Economy
Donwald Pressly|Published

More rand fragility forecast

Key structural factors are working against the strength of the rand in the medium term.

Business Report Markets
Donwald Pressly|Published

‘Mandela saved a trapped economy’

Economic analysts and trade unionists are allied in their praise of Nelson Mandela’s political legacy, writes Donwald Pressly.

Business Report Economy
Donwald Pressly|Published

Sekunjalo ‘pleased with vindication’

Sekunjalo Investments was “pleased” that Public Protector Thuli Madonsela had found no evidence of any wrongdoing in connection with a tender to operate the marine patrol vessels of the Department of Agricultur

Business Report Economy
Donwald Pressly|Published

Medupi faces further building delays

Eskom is poised to dump the contract given to Alstom for managing a computer program at the Medupi coal-fired power plant.

Business Report Economy
Donwald Pressly|Published

Agri SA seeks collective land solution

Agri SA president Johannes Moller says South Africa’s farmers are among the least subsidised in the world.

Business Report Economy
Donwald Pressly|Published

Numsa tells ANC: us or NDP

The National Development Plan has become the economic fault line dividing the ruling party and its tripartite alliance.

Business Report Economy
Donwald Pressly|Published

Cadre deployment not to blame for municipal corruption - Madonsela

Public Protector Thuli Madonsela does not believe the ANC’s “cadre deployment” programme is the cause of the relatively bad audit outcomes in about half the municipalities and reports of widespread corrup

Business Report Economy
Donwald Pressly|Published

Turmoil within Cosatu worries the ANC

The ANC has acknowledged that it’s concerned by the current turmoil within Cosatu.

Business Report Economy
Donwald Pressly|Published

Fracking puts Khoisan at risk, claims NGO

An NGO is concerned over the potential threat posed by hydraulic fracturing for gas for the Khoisan people.

Business Report Economy
Donwald Pressly|Published

Liquid fuels shake-up in the works

The structure of the shake-up of the downstream liquid fuels sector in South Africa is expected to be clearer on Friday.

Business Report Economy
Donwald Pressly|Published

WCC ‘can fill Eskom coal supply gap for 100 years’

The Western Australia-based Waterberg Coal Company, which recently appointed former ANC treasurer-general Mathews Phosa as a non-executive director, believes it is in a position to fill Eskom’s coal supply gap for th

Business Report Economy
Donwald Pressly|Published

ANC mum on stalled ISMO Bill

There was no explanation from the ANC chief whip’s office yesterday as to why the Independent System and Market Operator Bill has been withdrawn from the National Assembly for the second time this year.

Business Report Economy
Donwald Pressly|Published

Audit outcomes improving – Nombembe

The audit outcomes of national and provincial government departments are slightly better for the year to March than in the previous year, but outgoing auditor-general Terence Nombembe reported persistent deficiencies relat

Business Report Economy
Donwald Pressly|Published

Ismo Bill finally set for debate in Parliament

The much-delayed Independent System and Market Operator (Ismo) Bill is to be debated by the National Assembly this week.

Business Report Economy
Donwald Pressly|Published

Lead by example – Nombembe

Outgoing Auditor-General Terence Nombembe doesn’t believe that the average senior management public servant is overpaid.

Business Report Economy
Donwald Pressly|Published

Wage subsidy to deter mechanism

It would have been the National Treasury’s preference to reach “a broad consensus” on the employment incentives for young people before tabling the legislation before Parliament, but this was not to be, d

Business Report Economy
Donwald Pressly|Published

New mining bill likely to be held for next session

The chances appear slim that the controversial Mineral and Petroleum Resources Development Amendment Bill, which envisages handing a stake in all new energy ventures to the state, will be passed by Parliament before it goe

Business Report Economy
Donwald Pressly|Published

Airbus forges closer SA ties

The European-based aircraft company, Airbus, is strengthening its linkages with the South African aviation market by investing in beneficiation processes associated with downstream industries making components for their co

Business Report Companies
Donwald Pressly|Published