RDM News Wire

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RDM News Wire

Reduced e-toll fees likely to be rejected – Ipsos

25th May 2015 When Deputy President Cyril Ramaphosa announced reduced e-toll tariffs last week‚ he said a review panel “found that there’s general acceptance of the user-pay principle”. But a study conducted by Ipsos prior to the announcement of the new e-toll dispensation‚ found that the “vast majority – 74%... →

Krispy Kreme coming to SA

22nd May 2015 “Krispy Kreme will quickly become a South African favourite.” That’s what the global doughnut company and coffee retailer is hoping for as it plans to open 31 shops in the country over next five years. On Thursday‚ it was announced that Krispy Kreme has signed a development agreement with KK... →

Debt counselling firm says new e-tolls ‘will bring welcome relief’

21st May 2015 While there has been widespread rejection to the revised e-toll tariffs announced on Wednesday‚ a large debt counselling company said they “will bring welcome relief to hard-pressed consumers”. Deputy President Cyril Ramaphosa said that road users in Gauteng will pay up to 50% less a month‚ while... →

Dozens trapped as trains collide

20th May 2015 A Shosholoza Meyl passenger train has collided head-on with a goods train near Hanover outside King William’s Town. Emergency services personnel are currently at the scene‚ trying to free 25 people who are trapped. →

‘Forced localisation’ of security companies could lead to Agoa suspension

20th May 2015 A law requiring foreign-owned security companies to sell at least 51% of their South African businesses to South Africans could lead to the country being suspended from African Growth and Opportunity (Agoa) participation. Agoa is a piece of US legislation which aims to economically assist... →

Motorists to undergo face-to-face test before licence card renewal

20th May 2015 The renewal of driving licence cards will require applicants to undergo a test according to new regulations published by the department of transport for comment. Until now‚ the renewal of cards has only required an eye test. →

Public enterprises minister and ANC must ‘come clean’ on Eskom – DA

15th May 2015 The Democratic Alliance (DA) has asked for clarity on government’s position of selling off parts of Eskom. The DA shadow minister of public enterprises‚ Natasha Mazzone‚ on Friday said she wants the chairperson of the portfolio committee on public enterprises to “urgently summon the head of the... →

Denel’s order book standing at R33bn

15th May 2015 Defence manufacturer Denel’s order book is standing at over R33-billion‚ with over 50 percent of its profits being derived from its international business. This was disclosed by public enterprises minister Lynne Brown during her Budget Vote speech in Parliament on Thursday. →

Eskom draws optimism from Medupi amid daily load-shedding

14th May 2015 Eskom’s goal of producing power from the massive Medupi project is “slowly inching towards target”‚ having run for six days without tripping during the current test phase. This comes as South Africa is experiencing daily load-shedding of electricity to consumers‚ as the utility battles to meet... →

‘Maybe some pretzels’ could reduce SA Express costs – CEO

14th May 2015 The humble airline meal could be one of the first things to get the boot as South African Express attempts to recover from a massive R206-million net loss. The airline‚ which last year requested a government guarantee to secure a loan‚ presented its 2013/14 financial statements several months... →

'Public is not your servant'‚ Mthethwa tells State staff

14th May 2015 Public service and administration caretaker minister Nathi Mthethwa on Wednesday issued a veiled warning to public sector unions‚ warning against exhorbitant salary demands in current wage negotiations. Delivering the department’s budget‚ Mthethwa also issued a stern warning to public servants‚... →

Photo by Duane Daws
Nathi Mthethwa

Tshwane smart meter debacle costs ‘the price of eight Nkandlas’

13th May 2015 Tshwane mayor Kgosientsho Ramokgopa “lied” about terminating the electricity smart meter contract on Tuesday‚ the Democratic Alliance (DA) said on Wednesday. Instead‚ the party said‚ an agreement had been reached between the contractor and the council in March. →

Revenue saved through Eskom anti-theft campaign approaching R1bn mark

13th May 2015 Revenue recovered or saved by Eskom in terms of its Operation Khanyisa campaign‚ which was launched to combat electricity theft and prevent further energy losses for the national power utility‚ is approaching the R1-billion mark. This was revealed at a presentation this week at the Africa Utility... →

AfriForum impressed by improvements in water quality

12th May 2015 AfriForum has released its blue and green drop reports for this year‚ and their findings show that improvements have been made regarding the quality of South Africa's water infrastructure. The civil rights organisation tested the drinking water quality in 132 towns across the country and found... →

Hemel en Aarde road to be completed this year

12th May 2015 Material shortages and inclement weather have caused some delays‚ but the department of transport and public works is confident that work on the R320 Hemel en Aarde Road will be completed towards the end of 2015. The construction project – which includes upgrading the road surface between... →

Retirement savings being withdrawn to pay debt – survey

11th May 2015 A majority of South Africans are taking money out of their retirement savings to pay off debt‚ despite incurring tax and having less to live on once they’re on pension. This is according to a snapshot of the 2015 Sanlam Benchmark Survey‚ an annual review of South Africa’s retirement industry‚... →

Visa regulations could cost SA R10bn‚ says Winde

8th May 2015 The Democratic Alliance in the Western Cape on Thursday welcomed home affairs minister Malusi Gigaba’s announcement that he was considering extending the 10-year multiple-entry visa for businesspeople to other markets outside Brazil, Russia, India, China and South Africa (Brics). Provincial MEC... →

Photo by Duane Daws
Western Cape Economic Opportunities Minister Alan Winde

Two top taxmen quit amid SARS 'rogue unit' scandal

7th May 2015 It looks like Pravin Gordhan won’t have to answer questions about what he may know about the creation of a covert unit with the South African Revenue Service (SARS). Disciplinary hearings against suspended deputy commissioner Ivan Pillay and head of strategic planning and risk Peter Richer will... →

Photo by Duane Daws
Cooperative Governnance and Traditional Affairs Minister Pravin Gordhan

Gautrain bus go-slow suspended‚ but drivers still leave late

6th May 2015 Gautrain commuters using the auxiliary bus service were dealt with a second day of delays as drivers continued their industrial action on Wednesday. Passengers were informed of disruptions by way of an announcement on the stations’ public address systems that said the bus service had commenced... →

Environmental groups take eThekwini municipality to court

5th May 2015 Environmentalists have turned to the Durban High Court to force the eThekwini Municipality to release oil companies Engen and Sapref's atmospheric emission licenses and compliance reports. The Durban South Community Environmental Alliance (SDCEA) and the Vaal Environmental Justice Alliance... →

Sapref refinery

Government more a hindrance than a help to young people – IRR

5th May 2015 Labour law amendments to regulate labour broking and plans to extend minimum wages will keep unskilled youngsters out of the economy‚ the South African Institute of Race Relations (IRR) said in a statement. “Contrary to what it claims‚ the government is doing more to hinder than to help young... →

‘Go-slow’ upsets Gautrain bus service

5th May 2015 Illegal industrial action caused commuters using some Gautrain buses to be delayed on Tuesday morning when they failed to start as scheduled. The train service took to Twitter to warn passengers to expect delays of between an hour and an hour and a half before the resumption of its auxiliary bus... →

Metrobus struggles with ageing bus fleet

4th May 2015 The MD of Metrobus has laid bare the poor conditions of buses‚ poor management and the lack of improvement of skills of driver that are troubling the company. Mavela Dlamini told reporters on Monday morning that the company was struggling to maintain its ageing bus fleet. →

MTN adds four-million subscribers‚ total rises to 228-million

23rd April 2015 MTN Group added 4.1-million more users to its books in the quarter ended March‚ taking its total user base to 227.5-million subscribers. Data revenue increased 16.7% in the quarter‚ when compared to the first quarter last year‚ said the company on Thursday. Data now contributes 21% of the group’s... →

Growing gold production swings DRDGold to profit

23rd April 2015 DRDGold‚ a tailings retreatment operation‚ swung to profit in the first nine months of its financial year as gold production grew 11% and costs shrank. DRDGold‚ which treats old mine dumps around Johannesburg to extract gold‚ reported net profit of R7.8-million in the nine months to end-March... →

No higher taxes if transfer pricing is checked

22nd April 2015 If the South African Revenue Services (Sars) focused on recovering money from transfer pricing abuses‚ Finance Minister Nhlanhla Nene probably would not have had to raise taxes by 1% in his budget speech‚ Judge Dennis Davis‚ head of the Davis Tax committee told Parliament on Tuesday. He was... →

Photo by Duane Daws
Judge Dennis Davis

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