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3296 Results / Page 364 of 367

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Retailers and suppliers to face prosecution over price hikes

The Competition Commission has referred its first case to the Competition Tribunal for prosecution, in the wake of Covid-19. In a statement, the commission said the first case is for excessive pricing of facial mask by Babelegi Workwear Overall Manufacturers and Industrial supplies CC. "The Commission investigated the complaints and found that during the period 31 January 2020 to 5 March 2020, Babelegi increased its prices of facial masks from […]

todayApril 16, 2020 36

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More suspects linked to school break-ins arrested

The Gauteng Education Department has welcomed the arrest of more suspects linked to school break-ins in the province. In a statement the department revealed that they were alerted by the South African Police Services on Thursday, 16 April 2020, about the arrest of two suspects found in possession of property linked to school break-ins in Katlehong. Two other suspects were nabbed on Tuesday, 15 April 2020, after they were also […]

todayApril 16, 2020 45

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Government rejects SAA 10bn request

 Government has denied South African Airways(SAA)  a further R10 billion in funding for the business rescue process. Public Enterprises Minister Pravin Gordhan has made it clear that government does not have the money to support SAA’s request. In a letter to SAA, Gordhan said government would not support the extension of the foreign currency borrowing limit to permit foreign financing of the business rescue plan. The national carrier was placed […]

todayApril 15, 2020 51

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SARB cuts repo rate by 100 basis points

In an effort to ease financial conditions in the wake of Covid-19, the South African Reserve Bank (sarb) has taken a unanimous decision to cut the repo rate by 100 basis points, with effect from 15 April 2020. This was revealed by Governor Lesetja Kganyago on Tuesday morning.  The rate now stands at 4.25%. Kganyago said the uncertainties of Covid-19 have led to extremely high volatility in financial asset prices, […]

todayApril 14, 2020 41

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Exponential spread of Covid-19 unavoidable

South Africa can not escape the worst of the Covid-19 pandemic. This is according to the chairperson of the ministerial advisory group on Covid-19, epidemiologist professor Salim Abdool Karim. Speaking in Durban on Monday night during a live ZOOM public engagement, he said the country's population would be at high risk again after the nationwide lockdown. President Cyril Ramaphosa has extended the nationwide lockdown which came into effect on March […]

todayApril 14, 2020 39

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Vandalism seldom takes place in the absence of witnesses|Ramaphosa

President Cyril Ramaphosa has called on communities to play their part and report acts of vandalism. Ramaphosa made the call in his weekly news letter, from the desk of the president on Monday following the torching of at least 55 schools across Gauteng since the start of the national lockdown. "When communities allow themselves to be passive bystanders when they witness crime, they become party to the sabotage that ultimately […]

todayApril 13, 2020 39

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SANDF members investigated after Alexandra man dies

The South African Police Service(SAPS) has confirmed that an investigation into the killing of a 40-year-old man in Alexandra township, north of Johannesburg, is underway. It's alleged that the man was beaten to death by South African National Defence Force(SANDF)  officials in his yard on Friday after accusing him of violating National lockdown regulations. In an interview with Ynews, SAPS spokesperson Mathapelo Peters revealed that they are awaiting postmortem results […]

todayApril 13, 2020 40

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President Ramaphosa extends lockdown by 2 weeks

President Cyril Ramaphosa has extended the national lockdown by a further two weeks, in an effort to curb the spread of Covid-19. He made the announcement during his address to the nation on Thursday evening. Ramaphosa also revealed that South Africa's confirmed Covid-19 cases now stand at 1934. He stressed that the decision to extend, the 21 days lockdown, was not taken lightly. "Simply put, if we end the lockdown […]

todayApril 9, 2020 53

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Minister on geolocations and respecting citizen privacy

Minister of Communications, Stella Ndabeni-Abrahams, has reassured South Africans that their privacy will not be violated when using geolocations on their cellphones, in the fight against COVID-19. This follows government's announcement that tracer teams from the Health Department will be allowed to use phone locations of people who have tested positive for the virus, in order to track down the people they may have come in contact with. Ministers representing […]

todayApril 3, 2020 29