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News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country. Powered by the country’s leading journalists, and headed by the News24 editorial team.

By News24Wire

The Moody's logo

Moody’s places Transnet on review for ratings downgrade

14th November 2023

Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port... 


Poultry farm

While SA’s devastating bird flu outbreak abates, researchers work to eradicate virus

14th November 2023

Newly released research showed the potential of gene editing technology to break the back of the avian influenza virus which recently swept across South Africa, resulting in the culling of... 


Gold One mine: Situation tense as police fire rubber bullets at protesting AMCU workers

13th November 2023

The situation remains tense at Gold One mine in Springs, with police firing rubber bullets and teargas at protesting AMCU workers. Workers affiliated with AMCU have been gathering at the mine since... 


Finance Minister Enoch Godongwana

SA debt stress: Govt scrambles to borrow more money

10th November 2023

The South  African government, which is being forced to sell ever more debt than planned because it’s spending more than it makes, is unlikely to reverse this spiral any time soon - especially not... 


Former Eskom executive Matshela Koko

Koko's Kusile 'graft': Lead investigator faces blistering questions over case delays

9th November 2023

The lead investigator in the R2-billion Kusile Power Station corruption case has backtracked on his testimony that two German nationals accused in the matter will not be extradited to stand trial.... 


Minister of Public Enterprises Pravin Gordhan

'There is nothing we can do.' Gordhan bemoans 'unreasonable' Chinese rail company

9th November 2023

"Transnet needs help," chairperson Andile Sangqu told MPs on Wednesday in an appeal to the government to take on some of its unsustainable debt burden and fund its turnaround plan. Transnet has a... 


President Cyril Ramaphosa

Top US senator demands 'immediate' review of SA’s Agoa status

7th November 2023

A US senator has written a document proposing several amendments to legislation renewing the African Growth and Opportunity Act, including that there should be an immediate review of South Africa’s... 


The Durban port

Shipping giants hit SA containers with congestion charges amid massive delays at ports

7th November 2023

Shipping giants Mediterranean Shipping Company (MSC) and Maersk have announced a costly fee for congested vessels this December due to severe delays at South African ports.  In its announcement,... 


Forestry, Fisheries and Environment Minister Barbara Creecy

Creecy: SA is pushing for money from rich countries to help with adapting to climate change

6th November 2023

As nations gather in the United Arab Emirates later this month for the global climate summit, COP28, South Africa and other developing nations will be calling for clear targets and funding to adapt... 


Finance Minister Enoch Godongwana

Medium-term budget in a nutshell: It’s going to hurt

1st November 2023

Treasury has been forced to make painful revisions to the latest Medium-Term Budget Policy Statement, which updates government’s spending plans over the next three years, after its expectations in... 


Petrol pump

Petrol, diesel price cuts confirmed for Wednesday

30th October 2023

The price of both grades of unleaded petrol (93 and 95) will be lowered by R1.78 a litre on Wednesday, while diesel wholesale prices will be cut by between 82c and 85c depending on the sulphur... 


Petrol Pumps

Big decreases in petrol, diesel prices expected for November

27th October 2023

A significant decline in petrol and diesel prices is expected for November, according to unaudited data from the Central Energy Fund. The data suggests that the price of unleaded petrol 95 will... 


Public Enterprises Minister Pravin Gordhan

'Out of ICU': Gordhan says Takatso deal will be concluded soon, as SAA launches Brazil route

27th October 2023

The South African Airways-Takatso deal is "pretty much still on," with hopes that it will be concluded either later this year or early next year, according to Public Enterprises Minister Pravin... 


Groceries

SA producer inflation races higher for the second month

26th October 2023

September’s annual producer price index accelerated for a second consecutive month to 5.1% from 4.3% in August. This was hotter than economists expected.  The main contributor was food products,... 


Public Enterprises Minister Pravin Gordhan

'I'm not going anywhere' - Gordhan hits back at accusations of meddling at Transnet, Eskom

26th October 2023

While executives and board members at troubled State-owned enterprises Transnet and Eskom have resigned in recent weeks, Public Enterprises Minister Pravin Gordhan has rejected accusations that it... 


Transnet train

Transnet to lean on Treasury for R100bn turnaround plan

25th October 2023

Transnet is seeking more than R100-billion from the Treasury over the next two years, according to the turnaround plan produced by the board.  The R100-billion includes a request that the Treasury... 


Anglo American hit with class action from coal miners over lung disease

24th October 2023

A new class action, on behalf of coal miners suffering from lung disease, has been launched against nine companies owned by Anglo American Group. This is the second in a series of class actions... 


Miners are still underground at Gold One

24th October 2023

Thirty-six hours later, more than 500 miners at the Gold One mine in Springs, east of Johannesburg, are underground while unions continue to throw allegations against each other.   Workers who want... 


Transnet Freight Rail

Head of troubled coal line exits Transnet

23rd October 2023

In the latest in a slew of resignations, Transnet’s managing executive for the critical export coal line, Ali Motala, is leaving the embattled State-owned company. Several high-placed sources have... 


Forestry, Fisheries and the Environment Minister Barbara CreecyForestry, Fisheries and the Environment Minister Barbara Creecy

SA has R660-billion shortfall on its R1.5-trillion just climate transition plan

23rd October 2023

Despite wealthy nations’ pledged $R8.5-billion (approximately R150-billion) and further pledges and investments, South Africa faces a R660-billion financing shortfall for the just energy... 


Koeberg Power Station

Koeberg: New delay as reactor is prepared for startup

20th October 2023

The return of Koeberg's Unit 1 to commercial service has been delayed by a further 10 days as some critical tests are still to be completed before the reactor is started. The last date that Eskom... 


Rand Water systems

Water systems improving but Rand Water says municipalities not meeting agreed targets

19th October 2023

Bulk supplier Rand Water says the Tshwane and Johannesburg metros have made strides towards improving their water supply - using fragile systems that have teetered on the brink of collapse. This... 


Lily Mine inquest finds owners failed to conduct proper risk assessments

19th October 2023

The Mbombela Magistrate's Court has found that owners of Lily Mine failed to conduct proper risk assessments - as required by the Mine Health and Safety Act - ahead of the tragic 2016 collapse... 


Consumers

Inflation rises sharply, raising concern about interest rates

18th October 2023

Annual consumer price inflation ticked up to 5.4% in September from 4.8% in August, the second consecutive increase. It was in line with economists' expectations. The main contributors to the... 


Eskom logo

Eskom sub-contractor arrested for allegedly soliciting bribe from coal truckers

17th October 2023

An Eskom sub-contractor was arrested last week for allegedly trying to solicit a bribe from a coal transport company at the Camden power station in Mpumalanga. The suspect, who was arrested on 11... 


Petrol pump

For now, it looks like fuel prices might be cut in November

17th October 2023

Based on the current oil, international fuel and rand prices, the latest data from the Central Energy Fund shows that petrol prices could be cut by around R1.90 a litre in November, while diesel... 


Sars Commissioner Edward Kieswetter

Former Eskom employees targeted in Sars coal syndicate raids

12th October 2023

The South African Revenue Service led a large-scale government search and seizure operation against several alleged members of coal smuggling syndicates across the country on Thursday, including... 


Consumer Goods Council of South Africa co-chair Gareth Ackerman

Consumer goods body counts cost of loadshedding, poverty, failing infrastructure

12th October 2023

The consumer goods industry's largest representative body warned on Wednesday that the cost of load shedding, failing infrastructure and rising poverty were a "potentially lethal cocktail"... 


#UniteBehind launches court battle for Cape Town railway control

12th October 2023

Civil society organisation #UniteBehind has launched a court bid to compel the Passenger Rail Agency of South Africa (Prasa) to hand over the running and management of the railway system in the... 


Public Enterprises Minister Pravin Gordhan

ANC MPs admit state entities are getting worse as AG slams Gordhan's dept

12th October 2023

The Department of Public Enterprises (DPE) has received an abysmal audit report from the Auditor-General (AG), which highlighted basic failings in its oversight of state-owned companies from... 


A photo of buildings in Johannesburg

South Africa's population swells to 62-million

10th October 2023

In the last decade, the population in South Africa has increased by around 10 million people, with a total of 62 million people living in the country, according to the 2022 census.  Statistics... 


Former Eskom CEO André de Ruyter

Eskom corruption: Scopa gives top cop 'last chance'

10th October 2023

Parliament's Standing Committee on Public Accounts has resolved to request retired South African Police Service Brigadier Jap Burger one more time to voluntarily appear before the committee on... 


R2bn Kusile corruption case: Court holds hearing to establish if State has its ducks in a row

5th October 2023

The lead investigating officer in the R2.2-billion Kusile corruption case involving former Eskom executive Matshela Koko, has begged the Middleburg Specialised Commercial Crimes Court in Mpumalanga... 


Johannesburg bridge collapse: Safety MMC says it was a 'disaster waiting to happen'

5th October 2023

The City of Johannesburg's MMC for Public Safety, Mgcini Tshwaku, warned that the collapse of a pedestrian bridge on Wednesday would have turned into a major disaster if it occurred during peak... 


Wagons of coal being transported to port by rail

Transnet rail CEO Siza Mzimela has resigned

5th October 2023

The CEO of Transnet Freight Rail (TFR) Siza Mzimela has resigned.  Mzimela sent out a letter to staff on Thursday reminding them of the progress made in the past three years, thanking them for... 


Eskom Logo

Eskom, SAA and others miss deadline to finalise financial statements

4th October 2023

Four state-owned enterprises – Eskom, South African Airways, Denel, and Alexkor – as well as the UIF, the Compensation Fund, and the National Student Financial Aid Scheme have missed the deadline... 


Chickens

Bird flu: Poultry industry warns that possible temporary import rebates could destroy it

4th October 2023

The government is considering a temporary rebate on poultry meat import duties to mitigate South Africa's worst-ever bird flu outbreak, but this has elicited a warning from the South African... 


Cape Town Mayor Geordin Hill-Lewis

'There is just zero engagement': City of Cape Town won't back down in fight for railway control

3rd October 2023

The City of Cape will not back down from its fight with the national government to devolve railways to capable metros. So says Cape Town Mayor Geordin Hill-Lewis, who spoke to journalists shortly... 


Petrol pump

More painful petrol, diesel hikes confirmed for Wednesday

3rd October 2023

Motorists can expect hikes of over R1 for all grades of fuel from Wednesday. The unleaded petrol price (95) will be hiked by R1.14 a litre, while 93 will be increased by R1.08. Diesel (0.05%... 


Transnet group CEO Portia Derby

'Transnet execs must go now.' Cosatu adds pressure as deadline looms

29th September 2023

As a sword hangs over the heads of top Transnet executives, group CEO Portia Derby and head of Transnet Freight Rail Sizakele Mzimela, the Congress of South African Trade Unions has turned up the... 


Electricity pylon

No daytime loadshedding expected over the weekend

29th September 2023

Due to the sustained improved performance of generation availability as well as the anticipated lower demand over the weekend, loadshedding will be suspended between 05:00 and 16:00 on Saturday and... 


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