• September 30, 2020
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Category: South Africa

In The Face Of An Unemployment Pandemic … Can South Africa Still Afford Minimum Wages And Suffocating Labour Laws?

In The Face Of An Unemployment Pandemic … Can South Africa Still Afford Minimum Wages And Suffocating Labour Laws?

Almost all South African workers are regulated by minimum wages, be it the controversial sectoral minimum wages negotiated in bargaining councils, and often undemocratically extended to non-parties, or minimum wages prescribed by the Government. These…

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Private sector credit growth slows, again – FNB

Private sector credit growth slows, again – FNB

Spokesperson: Siphamandla Mkhwanazi, FNB Senior Economist Private sector credit (extended to households and corporates) eased further to 5.1% y/y in July, from 5.6% in the previous month. Downward pressure came from corporate credit, while household…

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A 42-year-old woman arrested for possession of explosives

A 42-year-old woman arrested for possession of explosives

LIMPOPO – A 42-year-old woman was yesterday morning at about 08h00, arrested by the police at a roadblock along the N1 road between Beitbridge and Musina after she was found in possession of explosives. The…

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South Africa’s FNB named as the most valuable banking brand third year in a row

South Africa’s FNB named as the most valuable banking brand third year in a row

The latest 2020 Brand Finance® Africa Annual Survey has named FNB as the most valuable banking brand for the third year in a row. The FNB brand has been valued at R23.9 billion. “Being named…

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Standard Bank’s SimplyBlu e-commerce solution gets Product of the Year seal

Standard Bank’s SimplyBlu e-commerce solution gets Product of the Year seal

Johannesburg, 06 July 2020 – Standard Bank is proud to announce that SimplyBlu, one of its e-commerce solutions which recently went live in June, has received the Product of the Year 2020 vote in the…

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South African Government ordered to include refugees in R350 grant

South African Government ordered to include refugees in R350 grant

JOHANNESBURG – The High Court in Pretoria has ruled in favour of refugees and asylum seekers in South Africa. It has ordered government to include them in the COVID-19 unemployment grant. This includes asylum seekers…

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