US crude stocks fell 7.1-million barrels in the week to August 12, Energy Information Administration data shows
SA’s policy on Russia in the wake of Moscow’s invasion of Ukraine is, like defence minister Thandi Modise, missing in action
Operators are already asking for more, particularly for 5G rollout, after milestone auction in March
The party’s internal leadership contest in December is expected to gain momentum once the the nomination process kicks off
The group says the new agreement won't affect its recent operational guidance, which was recently cut by as much as 9.33%
The rand will continue to lose value if we don't adopt policies that create a superior emerging market with a far lower risk premium
The claim by Sars that it costs the country R31bn is wrong — the real cost is about R4bn a year
Central bank governor Godwin Emefiele wants to boost adoption of the digital currency tenfold in the next 12 months
Coach Arthur Zwane is confident recent losses will add grit to the team's game
‘It is worrying that some other conditions, such as dementia and seizures, continue to be more frequently diagnosed after Covid-19, even two years later’
With new powers to intervene in troubled affiliates and an extended term in office from three to four years for national leaders, the new Cosatu leadership believes the union federation is rising from the ashes.
"We have emerged from the worst chapter," said newly elected president Zingiswa Losi to loud applause.
The federation has been in a state of decline and paralysis since 2013, when infighting threatened its survival. It has lacked relevance among workers and society ever since, with its dwindling membership pointing to struggles by its affiliates to attract members.
Cosatu’s four-day 13th national congress, which ended on Thursday, adopted several resolutions aimed at reviving the once mighty federation that had 2.2-million members in 2012.
Its membership now stands at 1.6-million following the expulsion of SA’s biggest trade union, the National Union of Metalworkers of SA, in 2014 for expanding its scope.
Cosatu was also hit by the disaffiliation of three unions and th...
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