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Reuters ArcelorMittal South Africa delays closure of long steel plants to August 31, receiving $91.50 million injection from state-owned Industrial Development Corporation. Talks with government ongoing for relief package after failing to secure concessions on demands.Read More from source
Daily Maverick SA’s Minister of Forestry and the Environment grants Eskom limited exemptions from Minimum Emission Standards for 8 coal-fired power stations. Exemptions come with strict conditions, including emission reduction measures and health interventions. Two power stations granted nine-year exemptions…
the Guardian Global markets brace as Trump plans reciprocal tariffs, facing opposition from some Republican senators. Critics warn of global trade war with China, Canada, and EU. Trump promises to be “very kind” to trading partners, citing need for reciprocal…
TimesLIVE Premium A magnitude 7.7 earthquake in Myanmar’s Sagaing region caused extensive damage and shook Thailand. Myanmar is highly vulnerable to earthquakes due to its location on the boundary of two tectonic plates. While large quakes are rare in Sagaing,…
Moneyweb Capitec Bank Holdings, South Africa’s largest lender by customers, appoints Graham Lee as CEO to succeed Gerrie Fourie, who led the bank’s growth to serve over 24 million clients. Lee, head of the retail unit, will take over on…
BusinessTech Thabo Mbeki, former South African president, is embroiled in a legal battle between the government and apartheid victims’ families seeking justice. The victims are demanding damages and a commission of inquiry into unprosecuted crimes. Mbeki denies accusations of political…
Daily Maverick Asian equities rise on Wall Street gains, gold hits record high, and Treasury yields fall as markets await Trump’s tariff details. Yen strengthens as safe havens in demand. Aussie weakens ahead of RBA decision. Oil eases from 5-week…
News24 Morning fog expected in Mpumalanga, Free State, and KwaZulu-Natal. Thunderstorms may bring heavy rain, potential flooding in Gauteng, North West, Northern Cape, Free State, and KwaZulu-Natal. Yellow Level 2 warning for severe thunderstorms in parts of KwaZulu-Natal, North West,…
My Broadband Most South Africans in IT need 5-10 years experience to surpass average monthly salary of R28,231. Stats SA data shows slight decrease from previous quarter. MyBroadband uses Analytico data to compare IT sector salaries, highlighting roles like software…
BusinessTech Industry experts praise the Department of Home Affairs for eradicating 94% of the 300,000 visa backlog in South Africa. However, concerns arise over higher rejection rates and appeals due to expedited processing. Minister Leon Schreiber extends reprieve for foreigners…
