The department of public enterprises briefed parliament on Wednesday about the effects Covid-19 had on state-owned enterprises (SOEs) during 2020. Acting public enterprises director general Kgathatso Tlhakudi briefly touched on issues related to the pandemic, as he briefed MPs on SOEs’ performance. The department has set aside a budget of R1-million to implement Covid-19 protocols,...Read More
KwaZulu-Natal will have to spend R100-billion over the next 10 years to replace ageing water infrastructure and build new dams to meet the demand by residents of its 54 municipalities. This is according to the progress report on a provincial water master plan presented by the KwaZulu-Natal government last week to the province’s co-operative governance...Read More
NEWS ANALYSIS This week the National Student Financial Aid Scheme (NSFAS) and the National Education, Health and Allied Workers’ Union (Nehawu) signed a wage agreement. The union members at the scheme had been on a two-week strike over the wage increase, which has now ended. But this is merely the first hurdle between the two...Read More
The timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday. Even in its soft-launch phase, the derivatives exchange has been mopping up customers in the wake of U.S. charges against BitMEX. “We’ve seen an uptick in users with about 2,000 customer sign-ups in the last week,” Aditya...Read More
Bitcoin is making up for lost gains after hitting a one-week low. Over on Ethereum, the fee situation continues to be problematic for traders. Bitcoin rebounded Wednesday, making gains from a 24-hour low of $11,119 on spot exchanges like Coinbase, a price point not seen since Aug. 5. Constantin Kogan, partner at crypto fund-of-funds BitBull...Read More
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