Yogashen Pillay

Journalist

Finance Minister Enoch Godongwana announces third Budget speech date

Yogashen Pillay|Published

Finance Minister Enoch Godongwana announced the date for the third Budget speech, highlighting the impact of recent VAT discussions and the importance of coalition ...

Major fuel price reductions announced

Yogashen Pillay|Published

Minister of Mineral and Petroleum Resources Gwede Mantashe announced significant reductions in petrol and diesel prices effective from April 2, 2025, attributing ...

Experts divided on potential interest rate cut as MPC meeting approaches

Yogashen Pillay|Published

Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT ...

Economic experts warn of crisis after SA Budget Speech delayed

Yogashen Pillay|Published

South Africa faces potential economic turmoil as the Finance Minister's Budget speech is postponed amidst GNU disagreements over VAT increases. Leading economists ...

Budget: FairPlay calls for VAT-free chicken in revised Budget

Yogashen Pillay|Published

FairPlay movement said that the government should use the delay in announcing this year’s Budget to provide for the inclusion of VAT-free chicken in next month’s ...

Budget: UASA expresses concern over the postponement of the National Budget Speech

Yogashen Pillay|Published

UASA said they noted with concern and dismay the postponement of the National Budget Speech by the Minister of Finance, Enoch Godongwana, on Wednesday afternoon. ...

Newcastle community calls for urgent action to save jobs at Amsa

Yogashen Pillay|Published

Amsa, while announcing their financials for 2024 in a briefing on Thursday, revealed that the longs business winding down has been delayed by one month due to ongoing ...

National Minimum Wage jumps to R28. 79: unions celebrate but employers remain cautious

Yogashen Pillay|Published

The latest 4. 4% increase in the National Minimum Wage to R28. 79 has received contrasting reactions from major stakeholders. While labour unions celebrate the above-inflation ...

Refuelling infrastructure improvements underway at SA airports

Yogashen Pillay|Published

Airports Company South Africa (ACSA) said in a statement on Tuesday that they are putting measures in place to address refuelling infrastructure challenges at airports. ...

Energy experts warn Nersa of the dangers of approving Eskom’s 36% tariff hike

Yogashen Pillay|Published

Nersa is expected to make Eskom tariff application soon.

Newcastle community rallies to save ArcelorMittal South Africa jobs

Yogashen Pillay|Published

Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a significant challenge.

Intervention ‘insufficient’ to halt plant closure

Thami Magubane and Yogashen Pillay|Published

Business chamber laments devastating impact on Newcastle residents and businesses.

ArcelorMittal job cuts raise concerns over South Africa’s, Newcastle economic stability

Yogashen Pillay|Published

Newcastle Business Chamber and the Association of South African Chambers say job losses devastating to economy.

Concerns rise over potential job losses at ArcelorMittal South Africa

Yogashen Pillay|Published

Numsa general secretary, Irvin Jim, said that as the union they will fight these proposed retrenchments because it was their duty to do everything possible to save ...

Consumers urged to be cautious when spending for Black Friday

Yogashen Pillay|Published

Experts have acknowledged that consumers might have a bit more money in their pockets due to an improvement in the South African economy but advised that they should ...

Logistics costs to rise, safety concerns after bridge collapse

Yogashen Pillay|Published

Trucking associations and the logistics sector expect major delays following the collapse and closure of the Mbokodweni River Bridge on the South Coast of KZN.

Residents concerned over Mbokodweni River bridge collapse

Yogashen Pillay|Published

The bridge collapsed last week following heavy rains in KwaZulu-Natal and residents are concerned about traffic delays and the possible impact on tourism on the ...

Bank survey reveals financial struggles of South African consumers

Yogashen Pillay|Published

The main challenge consumers faced was keeping food on the table, and in many cases food was being bought on credit.

Action SA congratulates Donald Trump on winning US Presidential election

Yogashen Pillay|Published

Mashaba said South Africa should also play its part in other areas of international cooperation to build a better world alongside the US and other partners.

US presidential election crucial to South Africa economy

Yogashen Pillay|Published

Citadel Investment Services and Anchor Capital said that the current US presidential elections will have an impact on the South African economy.

Complaints over funeral policies, short term insurance top the list

Yogashen Pillay|Published

Of the 10 574 complaints received, 4 501 were dealt with by the Ombud with some of the remainder referred to other Ombuds schemes.

Durban cop to face new charges over stolen bank cards

Yogashen Pillay|Published

Makhaye was arrested for the alleged theft of a bank card belonging to the mother of Zarah Ramsamy, 11, who was killed in a hijacking last month.

Police operation uncovers illegal marriage scheme in Durban

Yogashen Pillay|Published

Preliminary investigations have identified a Home Affairs official allegedly working in collusion with the suspects.

National Ports Authority unpacks tariff increases

Yogashen Pillay|Published

Transnet said the increase was in line with inflation and accommodated other costs such as fuel, maintenance, and water.

Stubbornly high food prices increases food insecurity in South Africa

Yogashen Pillay|Published

Lower fuel prices, no load shedding, has eased input costs says civil society group.