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South Africa

Ambulance strike called off

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Unions representing Emergency Medical Services (EMS) employees in Bhisho, Eastern Cape, have called off their strike after reaching an agreement with management.

ILO plans centenary celebrations

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The International Labour Organisation (ILO) has started the countdown to its 100th anniversary and will host a series of global, regional and national events throughout 2019.

AfDB’s bold move for women-owned businesses

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Banks operating in Africa have been urged to accelerate funding for women-owned businesses or risk limited lending from the African Development Bank (AfDB), the institution cautioned on Wednesday.

Heads roll over VBS in Limpopo

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Officials from local municipalities in Limpopo have been shown the door for their involvement in the VBS Mutual Bank.

VBS in the red by R372 million

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Reserve Bank Deputy Governor Kuben Naidoo says unaudited restated financial statements show that VBS Mutual Bank has a negative equity position of R372 million.

African development changes course from aid to investment

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African Presidents have been saluted at the inaugural Africa Investment Forum for embracing the continent’s economic growth project, with event organisers on Wednesday saying this will go a long way in attracting tangible investment.

President talks tough on ethnic chauvinism

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The National Assembly’s house chairperson of internal arrangements, Thoko Didiza, had to suspend a question and answer session for a few minutes to restore order after an exchange between Members of Parliament went from a series of point of orders to unparliamentary insults.

SA positions itself to attract investment

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President Cyril Ramaphosa says government has prioritised several key reforms aimed at attracting investment into minerals and petroleum exploration, tourism and agriculture.