SAnews Newsletter 2023-01-17 AM Edition
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PIC dismisses GEPF insolvency possibility reports
The Public Investment Corporation (PIC) has dismissed an incorrect allegation that a claim of £158 billion against the Government Employees Pension Fund (GEPF) would liquidate the organisation.
Eskom downgrades load shedding
Load shedding has been slightly eased by Eskom to Stage 4 from 5am to 4pm daily with Stage 5 kicking in thereafter.
UIF pays R14.5m to 3 259 former teaching and general assistants
The Unemployment Insurance Fund (UIF) has paid out R14.5 million to 3 259 former teaching and general assistants after resuming with its campaign in KwaZulu-Natal last week.
Entrepreneur hopes for meaningful transformation of poultry industry
Ofentse Moloko, a 37-year-old entrepreneur from the North West, says the support government gives to Black-owned companies operating in the poultry industry will contribute significantly to transforming the sector and ensuring food security in the country.
Moloko, the CEO and Managing Director of Baramakama Poultry, runs a family-owned egg-laying chicken company in Molote City, North West.
He believes that the sustainability of businesses depends on Black-owned companies occupying the entire value chain of the industry.
President declares mourning period for the late Ginwala
President Cyril Ramaphosa has declared a period of mourning for seven days from today in honour of the late founding Speaker of South Africa’s democratic Parliament, Dr Frene Ginwala.