South African truck drivers have threatened to embark on a shutdown. Their concerns include the employment of foreign nationals as drivers and the loading system that employers use. Previously, similar action resulted in severe traffic disruptions on the country's major economic routes.

The government formed a task team to address the truck drivers' concerns. They further demand about 1 400 dollars basic salary, the scraping of labour brokers, and for all truck companies to comply with the collective agreement.

Mary Phadi the president of the Truckers Association of South Africa discusses this further...

South African truck drivers have threatened to embark on a shutdown. Their concerns include the employment of foreign nationals as drivers and the loading system that employers use. Previously, similar action resulted in severe traffic disruptions on the country's major economic routes.
The government formed a task team to address the truck drivers' concerns. They further demand about 1 400 dollars basic salary, the scraping of labour brokers, and for all truck companies to comply with the collective agreement.
Mary Phadi the president of the Truckers Association of South Africa discusses this further...

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

South African truck drivers threatened to embark on a shutdown amid concerns on the employment of foreign nationals

South Africa's President Cyril Ramaphosa, has reaffirmed South Africa's position as a competitive investment destination, as he addressed the Sixth South Africa Investment Conference held at the Sandton Convention Centre in Johannesburg. The conference, which brings together government, investors and strategic partners, is aimed at driving investment-led growth and unlocking new economic opportunities. Our reporter Lebogang Mabange has more...

South Africa's President&nbsp;Cyril Ramaphosa, has reaffirmed South Africa's position as a competitive investment destination,&nbsp;as he addressed the Sixth South Africa Investment Conference held at the Sandton Convention Centre in Johannesburg. The conference, which brings together government, investors and strategic partners, is aimed at driving investment-led growth and unlocking new economic opportunities. Our reporter Lebogang Mabange has more...

Ramaphosa reaffirms South Africa's position as a competitive investment destination  

Standard Bank Business and Commercial Banking's Corporate Finance Advisory team successful completion in  the  1- hundred - and 22 million dollars sale, of the South African non-alcoholic beverages manufacturer, Twizza  to Bevco, a wholly-owned subsidiary of India-based Varun Beverages Limited ("Varun") for an amount of 1 - hundred and - 22 million dollars. Thami Ngubeni spoke to Raven Moodley, Head of Corporate Finance Advisory for Business and Commercial Banking at Standard Bank South Africa... 

Standard Bank Business and Commercial Banking's Corporate Finance Advisory team successful completion in &nbsp;the &nbsp;1- hundred - and 22 million dollars sale, of the South African non-alcoholic beverages manufacturer, Twizza &nbsp;to Bevco, a wholly-owned subsidiary of India-based Varun Beverages Limited ("Varun") for an amount of 1 - hundred and - 22 million dollars. Thami Ngubeni spoke to Raven Moodley, Head of Corporate Finance Advisory for Business and Commercial Banking at Standard Bank South Africa...&nbsp;

Standard Bank concludes the sale of South African non-alcoholic beverages manufacturer, Twizza 

Statistics South Africa has fallen victim to a ransomware attack by the emerging cybercrime group known as XP95. The threat actors claim to have successfully breached the agency responsible for conducting South Africa's census, as well as producing and disseminating other official statistics, like the Consumer Price Index. This cyber attack, it's said to have come at a time when ransomware attacks are escalating globally, reflecting a sharp rise in the frequency and sophistication of cybercrime. Thami Ngubeni spoke to Nemanja Krstic, Head of Operations for Africa and the Middle East (AME), and the European Union (EU) at Galix...

Statistics South Africa has fallen victim to a ransomware attack by the emerging cybercrime group known as XP95. The threat actors claim to have successfully breached the agency responsible for conducting South Africa's census, as well as producing and disseminating other official statistics, like the Consumer Price Index. This cyber attack, it's said to have come at a time when ransomware attacks are escalating globally, reflecting a sharp rise in the frequency and sophistication of cybercrime. Thami Ngubeni spoke to Nemanja Krstic, Head of Operations for Africa and the Middle East (AME), and the European Union (EU) at Galix...

South African truck drivers threatened to embark on a shutdown amid concerns on the employment of foreign nationals

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