Repo rate remains at 5.5%

Pretoria – The Reserve Bank’s Monetary Policy Committee (MPC) has left rates unchanged at 5.5%, Governor Gill Marcus said on Thursday. “The MPC has decided to keep the repurchase rate unchanged at 5.5 percent per annum, for the time being. The MPC is however concerned at the potential impact of the current global turmoil on … Continue reading “Repo rate remains at 5.5%”

“MPs, besides our financial standing, we will add more channels” – SABC

By Francis Hweshe Cape Town – Members of Parliament (MPs) have welcomed the SABC’s state of readiness to migrate from analogue to digital transmission by 2013. The public broadcaster, ETV and several other industry players involved in the country’s major digital migration project briefed Parliament’s Portfolio Committee on Communications on Wednesday. SABC Technology Committee chairman … Continue reading ““MPs, besides our financial standing, we will add more channels” – SABC”

More jobs created in the formal sector

Pretoria – Employment in the formal non-agricultural sector increased slightly between the quarters ended March and June 2011, increasing by 0.1%, Statistics South Africa (Stats SA) said on Tuesday. In its June Quarterly Employment Statistics (QES) survey, Stats SA said the number of people employed in the non-agricultural sector of the economy rose by 0.1% … Continue reading “More jobs created in the formal sector”

Controversial ministerial handbook to be revised

Pretoria – Minister in the Presidency Collins Chabane said on Tuesday work on the review of the Ministerial Handbook was at an advanced stage and that a public announcement should be made soon. “We are in the process of revisiting the handbook and as you would appreciate, there is extensive work to be done but … Continue reading “Controversial ministerial handbook to be revised”

Santaco launches “low cost” airline

Pretoria – The launch of taxi body Santaco’s airline will open up air travel to many people who have not had access to travel by air, says President Jacob Zuma. Speaking at Lanseria Airport on Friday as the South African National Taxi Council (Santaco) launched its low cost airline, the President said the launch showed … Continue reading “Santaco launches “low cost” airline”

Zuma and EU agrees on way forward regarding Zim, among others

Mbombela – South Africa and the European Union (EU) concluded their annual summit on a positive note — a sign that they could be closer to resolving their differences. The two sides, which have disagreed in the past on the approach to a number of issues including Zimbabwe, Libya and the regional trade partnerships, seem … Continue reading “Zuma and EU agrees on way forward regarding Zim, among others”