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Elon Musk has claimed that South Africa's Black Economic Empowerment laws are preventing Starlink from operating in the country, but regulatory authorities confirm the company has not applied for a license.
Elon Musk has claimed that South Africa's Black Economic Empowerment laws are preventing Starlink from operating in the country, but regulatory authorities confirm the company has not applied for a license.
As 2024 ends, the Mkhonto We Sizwe (MK) Party has strongly criticized President Cyril Ramaphosa's administration for failing to address South Africa's key issues, including unemployment, corruption, and service delivery failures. They condemned the unequal impact of load-shedding, worsening inequality, and the government's inability to combat violent crime. MK Party spokesperson Nhlamulo Ndhlela called for accountability and urged citizens to consider alternatives in the 2025 elections, positioning the party as a vehicle for meaningful change.
The deal could help SA Rugby make the most of the Springboks’ status as world champions.
Pandor said she never imagined the ANC being in bed with the Democratic Alliance (DA) in government.
The Economic Freedom Fighters (EFF) has issued a strong condemnation of Democratic Alliance (DA) Member of Parliament Ronaldo Gouws, accusing him of making racist and homophobic remarks in various public videos.
It is now clear that the escalating shadow warfare between Israel and Iran has finally ignited the powder keg in the Middle East, an analyst said.
This morning members of ActionSA led by its national spokesperson, Lerato Ngobeni, picketed outside the South African Human Rights Council offices to hand over a formal complaint regarding recent damning allegations that WesBank is overcharging its black clients.
The Commission for Gender Equality (CGE) has red-flagged low-security standards at some safe shelters across the country and raised further concern about the vetting of security personnel.
For most individuals and companies, higher short-term interest rates are a bad thing. But there are some winners.
We need to consider inflation, because, if you haven’t beaten that, your savings have eroded over time.
It has already stirred significant debate and discussion – and rightly so, because full or partial privatisation by countries around the world has been met with mixed success.
The TEF was launched in January 2021 by the Department of Tourism to provide a new financial support mechanism to stimulate investment and transformation in the tourism sector.
South African women only hold 35% of board positions, on average, or 180 out of 515 board positions among JSE Top 40 companies, while their representation in executive roles is a paltry 25% or 115 out of 468 executive roles.
The World Bank's data shows that the top 10% of South Africans possess 80. 6% of the country's financial assets, while the poverty rate is 20%, almost double that of similar nations
This pivotal gathering provides an opportunity to address the lack of synergies in copyright legislation and the ongoing exploitation of women in the music industry within the individual BRICS countries.
Empowering women results in greater performance and, more importantly, creates a more dynamic and resilient workplace, says Hellen Lebone, Regional Human Resources Director for Hilton Africa and Indian Ocean.
Equal Education junior organiser Tiny Lebelo said that of the almost 300 000 pupils that need transport, only 80 000 are being serviced. This after the Department of Education cut the scholar transport budget from R457 million to R266 million for the coming financial year.
The amended Employment Equity Act empowers Labour Minister Thulas Nxesi to set employment equity targets for 18 economic sectors with some contesting it was at the disposal of coloured and Indian South Africans.
Merger and acquisition activity levels have been slower in South Africa and sub-Saharan Africa over the last year, mostly due to the unreliable supply of electricity (which has been particularly challenging in South Africa), geopolitical uncertainty, supply chain blockages and challenging global economic conditions. However, many private investors are sitting on investments they need to exit in the near term, and we therefore expect to see an increase in activity going forward, although, due to the challenging local and global conditions, it's currently unclear exactly when this will be. By Angela Simpson and Lydia Shadrach-Razzino
The event was attended by chancellor of Unisa and former president Thabo Mbeki, as well as chairperson of the the university’s council, Mashukudu J Maboa, and other dignitaries.
It shows that 2022 was one of the worst years for investors since 2008, the year of the global financial crisis.
Robertson and Caine was sold to Vox Ventures, a subsidiary of PPF Group, an international investment company.
The committee says the existing Employment Equity Act already required employers to establish their own employment equity targets by considering both national and provincial demographics as outlined in section 42.
With the country grappling with issues such as load shedding and economic pressures, the implementation of these targets needs careful consideration and necessary amendments before the expected start date of 1st September this year.