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US approves COVID-19 therapy, G20 pushes for global vaccine access
The antibody therapy approval in the United States offers some hope for those infected, though a relatively small number of doses will be available in the coming weeks.
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Mboweni: Fitch & Moody's credit rating downgrades painful
Reacting to the news, Finance Minister Tito Mboweni said that there was an urgent need for government and its social partners to implement structural reforms to avoid further harm to the country's sovereign rating.
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Planned SABC retrenchments will have devastating impact on lives, say employees
A large group of protesters gathered outside the SABC’s Radio Park building in support of the call to abandon the retrenchment process.
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Moody's & Fitch downgrades push SA further into junk status
Moody's has downgraded the country's credit rating one notch to BA2 and maintained a negative outlook, while Fitch has downgraded South Africa's credit rating from BB to BB- and with a negative outlook.
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SABC workers: It’s not our fault the broadcaster is struggling financially
SABC workers on Friday protested against planned retrenchments at the public broadcaster.
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SABC retrenchments: Sanef proposes independent mediation amid strike
Workers were on a go-slow on Friday afternoon in response to looming jobs cuts at the public broadcaster. They are demanding that retrenchments at the state entity be abandoned.
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Ramaphosa appoints Tsakani Maluleke as Auditor-General
Tsakani Maluleke is appointed for a non-renewable term of seven years.
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Switch to electric vehicles could 'end oil era': analysis
As more and more nations such as China and India look to grow their electic fleet, they are in turn reducing reliance on imported oil, with EVs forecasted to soon be cheaper to make and run than their fossil-fuel-fired cousins.
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Unions stand firm on SABC action despite retrenchment process freeze
Bemawu said that the postponement was not good enough and it was demanding that the entire job cuts process be scrapped.
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Issues at SABC a political problem, says former board member Mattison
The public broadcaster announced early on Friday morning that its board had suspended the retrenchment process for seven days.
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Moody’s, S&P Global expected to release ratings assessment on SA today
The South African Reserve Bank's monetary policy committee announced on Thursday that rates would remain unchanged while the economy shows some signs of picking up.
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SABC board suspends retrenchment process for 7 days
In a statement released early on Friday morning, the board said that this would allow roleplayers to explore further options to ensure the financial sustainability of the public broadcaster.
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Taxi to nowhere: virus measures hit London black cab business
Many London taxi drivers rent their instantly-recognisable black cabs from fleet companies such as GB Taxi Services, where Georgiou is one of the owners.
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Google launches strong encryption for Android messages
The move brings additional privacy and security to Google's messaging application, but comes amid rising complaints from law enforcement agencies around the world that strong encryption may enable criminals to hide their tracks.
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Global economic recovery from COVID-19 'remains difficult' - IMF
The IMF expects global growth to contract by 4.4% this year before rebounding 5.2% in 2021. However, IMF Managing Director Kristalina Georgieva noted third-quarter growth was better than expected in the US, Japan, and European countries.
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Court reserves judgment in Numsa’s application to stop job cuts at Comair
The union is attempting to stop retrenchments at the airline, which operates kulula.com and the British Airways franchise in South Africa.
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Tshwane Mayor Randall Williams condemns violence during Wednesday’s taxi strike
The NTA’s strike on Wednesday was marred by acts of violence as taxi operators brought the capital to a standstill during a protest through the city over outstanding COVID-19 relief fund payments for their industry.
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SABC picket: Cull top management, not the workers
Irate workers have been picketing at the public broadcaster’s Auckland Park studios against planned Section 189 job cuts.
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GALLERY: Protect the public mandate! SABC staff picket over retrenchments
SABC employees picketed outside their offices on 19 November 2020. The employees of the embattled public broadcaster are protesting against retrenchments that could see hundreds lose their jobs. COPE, EFF and the ANCYL also joined the picket in solidarity with the employees. Veteran journalists, including Sophie Mokoena, Mzwandile Mbeje and Chriselda Lewis, were also part of the picket.
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Cosatu, CWU demand SABC withdraws retrenchment letters, threaten shutdown
The organisations addressed the media on Thursday at Cosatu House in Braamfontein, where they announced strike action from Friday should their demands not be met.
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Reserve Bank keeps repo rate unchanged at 3.5%
Prior to Thursday's announcement, the bank's Monetary Policy Committee had cut the repo rate by 275 basis points this year to try and counter the effects of negative growth due to COVID-19.
