While fast food companies in Africa have raked in the money over the past three years, they are facing fresh risks. These range from looming high prices and a potential shortage of meat to job losses in key markets such as Zimbabwe as well as other constraints, such as food imports and rising infrastructure costs. Average regional sales growth for quick serve businesses such as those running fast food counters for KFC, Nando's, Chicken Inn and pizza restaurants stands at around 20%, according … [Read more...] about Fresh risks for Africa’s fast food firms
NMB Councillor named by ANC in formal complaint against DA with HRC
The ANC said on Tuesday it had laid a formal complaint with the South African Human Rights Commission to investigate the DA as a "breeding ground" for racists. Spokesperson Zizi Kodwa told News24 that they had asked the commission to investigate racism within the DA, as well as whether the DA was fuelled by racists. The SAHRC earlier pledged to investigate all racism-related complaints, regardless of the perpetrator’s race. "We have already laid criminal charges against several … [Read more...] about NMB Councillor named by ANC in formal complaint against DA with HRC
2030 Nuclear energy plan likely to fail
South Africa will likely fail in its quest to develop its nuclear energy capacity, according to emerging markets economist Peter Attard Montalto of Nomura. Montalto told Fin24 that if the 9 600 MW nuclear procurement programme does see the light of day, it will be a "slimmed down programme spread over a longer period of time, given the affordability issue". "For this reason we need to remain calm, but vigilant," he said. "The end point remains uncertain." The respected economist said he … [Read more...] about 2030 Nuclear energy plan likely to fail
2015 Matric Results
Most matric results will be online from midnight on Tuesday The class of 2015 has one more sleep until the Department of Basic Education starts releasing matric results eight of the nine provinces from midnight on Tuesday. Basic Education Minister Angie Motshekga will first announce the national pass rate on television at 18:00 on Tuesday January 5 for pupils who wrote the exams administered by the department. And then the agonising wait until midnight, when all results, except those … [Read more...] about 2015 Matric Results
Six killed near Gamtoos
Six people were killed and three were injured when a Ford Bantam lost control on the R102 in the Eastern Cape on Sunday afternoon, the health department said. Eastern Cape health spokesperson Siyanda Manana said the accident happened at the Thornhill intersection towards Gamtoos around 15:30. All nine were in the same vehicle, he said. Two injured patients were transported to Livingstone Hospital, while a third was taken to the Humansdorp Hospital. The cause of the accident is … [Read more...] about Six killed near Gamtoos
New Year’s Day drownings: Four dead, three missing
Four people, including a teenager, have died and three have gone missing in several drowning incidents on New Year's Day. A 17-year-old Grahamstown male drowned in Port Alfred, while an elderly man was declared dead in the Bay Hall Area, Richards Bay Port, the National Sea Rescue Institute said in a statement. In Table Bay, Cape Town, the body of a 26-year-old man was found at the Milnerton Lagoon Beach while rescuers were searching for a missing 18-year-old. The 26-year-old, from … [Read more...] about New Year’s Day drownings: Four dead, three missing
Full refunds promised for double debited customers
Vodacom customers who had their accounts debited twice will be refunded by Monday, according to the cellphone company. On Friday, a number of Vodacom customers complained that their accounts had been debited twice. In an SMS to customers on Friday afternoon, the cellular network said it was aware of the problem. "Dear customer, due to a technical glitch, your account may have been debited twice. We are resolving the problem," the message read. "Where a second debit was processed, … [Read more...] about Full refunds promised for double debited customers
Your New Years Resolution is to Vote in the 2016 Elections
264 parties have registered so far with the Independent Electoral Commission (IEC) ahead of the 2016 local government elections. The Western Cape and the Eastern Cape have the most registered parties. "Any party that wants to participate in an election must register with the Electoral Commission. You may choose to register at national level, which will allow your party to contest elections of the National Assembly, provincial legislatures and all municipal councils," the IEC said on its … [Read more...] about Your New Years Resolution is to Vote in the 2016 Elections
Nenegate could hit petrol price
The Automobile Association (AA) has warned that instability in institutions such as the National Treasury has negative implications on the economy which could lead to an increase in the price of petrol. "By now the government cannot be unaware of the economic implications of removing stability from institutions such as the Treasury," the AA said in a statement on Wednesday. "Political figures should exercise caution before embarking on actions which may cause the exchange rate to … [Read more...] about Nenegate could hit petrol price
2015 Matric results worse than 2014
The 2015 class of matriculants writing the department of basic education's National Senior Certificate exams performed worse than last year's class, monitoring body Umalusi said on Wednesday. "There are a number of factors that affected this year's learner performance, which we hope we can correct," Umalusi council chairperson Professor John Volmink told reporters in Pretoria. He said the poorer performance could be due to the high standards of this year's papers, but they could not … [Read more...] about 2015 Matric results worse than 2014
What are we doing to get PE on this list?
A recent survey places South Africa tops in Africa for super-rich tourists. South Africa was the most popular African destination for the super-rich during the 12-month period to September 2015, with about 11 000 multi-millionaires visiting the country. The term “multi-millionaires” refers to individuals with net assets of $10m (about R150m) or more. According to a survey on millionaire tourism in Africa, released by New World Wealth, SA remained in the top spot among multi-millionaires … [Read more...] about What are we doing to get PE on this list?
Home Affairs says UK traveller reports are ‘baseless and inaccurate’
The Department of Home Affairs has said reports of UK-based travellers experiencing problems entering South Africa because of immigration regulations were "baseless and inaccurate". In a statement the department said negative reports had emerged due to distortion of facts. "We wish to categorically state that these reports are baseless and inaccurate, stemming largely from exaggeration and distortion of facts. The same goes for claims regarding families coming to our country. "More … [Read more...] about Home Affairs says UK traveller reports are ‘baseless and inaccurate’
Highveld Lions vs Warriors
Qaasim Adams contributed 87 in his first innings on loan at the Highveld Lions, but the opening day of Sunfoil Series action at Bidvest Wanderers still belonged to the Warriors after they dismissed their hosts for 291. Loaned out to the Lions for two matches because he could not get a game at the Titans, Adams shared a 125-run stand for the fifth wicket with Nicky van den Bergh that kept the home side afloat after the loss of four early wickets. After winning the toss and opting to bowl, … [Read more...] about Highveld Lions vs Warriors
2013 Nuclear stamp mystery solved
The mystery surrounding the recently published government Gazette on nuclear energy, which contains a 2013 stamp signed by former Energy minister Ben Martins, has been solved. Thabane Zulu, director general of the Department of Energy (DoE), said in an exclusive statement on Saturday that Energy Minister Tina Joemat-Petterson had decided to release the old Gazette because the determination on nuclear energy signed in 2013 had remained unchanged. He apologised on behalf of the department … [Read more...] about 2013 Nuclear stamp mystery solved
Qoboshiyane: Livestock owners do not care about their animals
Some black livestock owners do not care about their animals, Eastern Cape Rural Development and Agrarian Reform MEC Mlibo Qoboshiyane said on Wednesday. If they did, there would not be increasingly more livestock straying onto roads in rural villages and urban areas where black people lived, he said in a statement. The provincial livestock population was "facing extinction" because of their owners' behaviour, which he said was criminal. Such careless behaviour was lamentable because a … [Read more...] about Qoboshiyane: Livestock owners do not care about their animals
