Economists have raised concerns about the sustainability of the 0.5% VAT increase set to take effect at the beginning of May. Finance Minister Enoch Godongwana announced the hike as part of the revised fiscal framework, but the move has triggered significant political and public backlash. This week, the DA and the EFF appeared in the Western Cape High Court to challenge the decision. The court has since reserved judgment. Judge […]
ActionSA leader Herman Mashaba has expressed concern about the national shutdown planned by trade unions, saying it could lead to more job losses. The Congress of SA Trade Unions (Cosatu), the SA Federation of Trade Unions (Saftu) and the General Industries Workers' Union of SA (Giwusa) will on Wednesday down tools in protest at the rising cost of living, fuel costs and load-shedding. They will be joined by other trade […]
Some tenants are more than six months behind on their rent, with the residential rental market’s recovery after the hard lockdown in the second quarter of 2020 taking a knock. Many tenants were struggling to catch up on rent arrears despite being employed when the restriction on movement was lifted in May 2020, TPN Credit Bureau CEO Michelle Dickens said. “The rental relief provided by residential landlords in 2020 is […]
Unions in southern Africa have highlighted the devastating effects of Covid-19 on workers, saying the livelihoods of almost 70% of workers in the region have been severed. A study conducted by the Southern African Trade Union Co-ordinating Council has affirmed that across the countries surveyed, wages and livelihoods have been impacted severely due to the pandemic. According to the study, about 67% of the respondents noted that there was a […]
The economic and labour crisis created by the new coronavirus pandemic could increase global unemployment by almost 25 million, according to a new report published yesterday by the UN’s International Labour Organization (ILO). Rising unemployment mean large income losses for workers, ILO warned in the report showing workers stand to lose between $860 billion and $3.4 trillion by the end of 2020. “This is no longer only a global health […]
VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.
