Home / Tag Archives: SABC News

Tag Archives: SABC News

VW South Africa launches it’s B-BBEE initiative trust

VW South Africa launches it’s B-BBEE initiative trust today. The idea is to bring more BEE suppliers on board and to create a landscape and support network to increase transformation in the automotive sector. This takes place in a constrained local vehicle manufacturing sector. GMSA is pulling out of South …

Read More »

South Africa in a recession

The South African economy has moved into a recession. This after the country’s Gross Domestic Product decreased by minus 0.7% during the first quarter of 2017. For more news, visit: http://www.sabc.co.za/news source

Read More »

Fitch has affirmed South Africa’s credit rating

Rating Agency Fitch has affirmed South Africa’s credit rating. But Fitch had already cut South Africa’s sovereign rating which relates to debt in foreign currency, as well as rand-denominated debt to junk status. That followed President Jacob Zuma’s recent cabinet reshuffle. For more news, visit: http://www.sabc.co.za/news source

Read More »

Africa Day celebrated across the continent

Africa Day will be commemorated across the continent today (Thursday). South Africa is the only country where it’s not a public holiday. But some political parties like the PAC are pushing for it to become one. Africa Day celebrates the formation of the Organisation of African Union, established on this …

Read More »

NUMSA demands details on GM South Africa disinvestment

National Metal Workers Union, NUMSA is demanding General Motors South Africa and Isuzu provide them with the full details of the agreement that was reached by the two car manufacturing companies before arriving at the decision to dis-invest in South Africa. NUMSA is also looking to seek legal action if …

Read More »

Political economist and scholar Adam Hanieh in South Africa

When one usually thinks of the middle-east, images of violence, strife and unimaginable human living conditions comes into mind. But what is the cause of all the conflict? Joining me in studio is renowned political economist and scholar Adam Hanieh. He’s in the country on invitation from the Afro-Middle East …

Read More »

Numsa responds to GM decision to exit SA

Vehicle manufacturer, General Motors – South Africa is to stop operating in the country. Its light commercial vehicle manufacturing operations will be acquired by Isuzu Motors. GM will end the manufacture and supply of Chevrolet vehicles to the domestic market by the end of the year. It will also be …

Read More »

SACC unburdening panel releases report

The National Executive Committee of the South African Council of Churches is releasing a report of the SACC Unburdening Panel in Soweto. The document aims to report back on the panel’s work in offering individuals and groups a platform to air their experiences of inappropriate of corrupt offers. Its been …

Read More »

GM South Africa closes shop

Vehicle manufacturer, General Motors – South Africa is to stop operating in the country. Its light commercial vehicle manufacturing operations will be acquired by Isuzu Motors. GM will end the manufacture and supply of Chevrolet vehicles to the domestic market by the end of the year. It will also be …

Read More »