Thought Leadership
BL Premium reports that Finance Minister Tito Mboweni has announced that workers will be compelled to buy an annuity with two thirds of their provident funds when they retire, effective March 2021. Source: Latest News
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Two suspects arrested in Joburg for impersonating police officers by using fake appointment cards
Independent News reports that two suspects who purported to be police officers were arrested in the streets of Johannesburg on Wednesday. Source: Latest News
Two police brigadiers charged with having fraudulently authorised the issuing of firearm licenses
Independent News reports that two senior SA Police Service (SAPS) officers charged with fraud, defeating the ends of justice and contravention of the Firearms Act were released on R3,000 bail each at the Kempton Park Magistrate’s Court on Wednesday. Source: Latest News
Government has bold plan to freeze public-sector wages
BL Premium reports that the government has proposed a three-year wage freeze for public servants, placing the state at risk of a public sector strike in the coming months. Source: Latest News
SAA bailed out again by government
Moneyweb reports that the government has allocated R6.5 billion in the Medium Term Budget Policy Statement (MTBPS) to SA Airways (SAA) for settling of its guaranteed debt and interest and R10.5 billion for implementation of its business rescue plan. Source: Latest News
At 3% in September, consumer inflation slows to lowest in three months
BusinessLive reports that data from Stats SA showed on Wednesday that consumer inflation, as measured by the consumer price index (CPI), slowed to its lowest level in three months in September. Source: Latest News
President Ramaphosa in quarantine after Covid-19 close contact
BusinessLive reports that The Presidency advised on Wednesday that President Cyril Ramaphosa was in self-quarantine after a guest at a dinner he attended at the weekend tested positive for Covid-19. Source: Latest News
Joburg MMC Loyiso Masuku back at work after Gauteng ANC clears her in PPE matter
EWN reports that City of Johannesburg mayoral committee member (MMC) Loyiso Masuku has officially returned to work. Source: Latest News
Acting City Power boss booted out five months into top job due to non-performance
The Star reports that just five months after being appointed as City Power acting chief executive, Malope Ramagaga has been removed from the position. Source: Latest News
Mashaba could turn to private prosecution of Lily Mine management over ‘unsafe’ conditions that led to deaths of three miners
Sowetan reports that Action SA leader Herman Mashaba says he will be seeking private prosecution against the CEO of Vantage Goldfields and the Lily Mine management over the incident that led to the deaths of three miners. Source: Latest News