Yogashen Pillay

Journalist

Goodyear South Africa's restructuring puts over 900 jobs at risk

Yogashen Pillay|Published

Goodyear South Africa has issued a Section 189 notice to workers' unions, putting 900 jobs at risk as it plans to restructure its Uitenhage manufacturing plant. ...

Economic impact of the Comrades Marathon on South Africa

Yogashen Pillay|Published

The 98th edition of the Comrades Marathon promises to significantly boost the economy of KwaZulu-Natal and South Africa, as industry leaders highlight the event's ...

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 ...

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. ...

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.

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 ...

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.

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.

Big increases in SA medical aid fees causes alarm

Yogashen Pillay|Published

Medical inflation cited as key factor behind rise in contributions.

‘Modest’ rate cut brings some relief to consumers

Given Majola and Yogashen Pillay|Published

But some say Central Bank’s ‘hawkish’ decision to reduce rates by 25 bps is not enough to stimulate economy.

Big fuel price drop predicted for October

Yogashen Pillay|Published

South Africa has faced challenges of increasing fuel prices in the last two years, with the price reaching a high of R25 in October 2023.

Interest rate cut on cards in September?

Yogashen Pillay|Published

Economists said the rand has been stronger against the US dollar and the expectation is that the US Federal Reserve will cut interest rates at their next meeting ...

Business upbeat about 100 days of no load shedding

Yogashen Pillay|Published

Eskom and the government must be commended for the work they have done to reach this milestone.

Inflation coming down but no interest rate cuts yet, SARB says

Yogashen Pillay|Published

Economists are predicting four rate cuts from 2025 to 2026, but these depend on the inflation rate and external factors.

Durban FilmMart says film contributes billions of rand to the economy

Yogashen Pillay|Published

FilmMart said that the National Film and Video Foundation projected that the film industry would contribute R7,18 billion to the local economy.

Uasa welcomes drop in Consumer Price Index

Yogashen Pillay|Published

“The ‘new normal’ and the aligned cost of living in a challenged economy make for devastating circumstances many can’t overcome. ”

Relevance of ICC arrest warrants questioned

Yogashen Pillay|Published

ICC prosecutor Karim AA Khan on Monday said they have applied for warrants of arrest for Israeli Prime Minister Benjamin Netanyahu and Minister of Defence Yoav Gallant. ...

GEMS medical aid says signing of NHI Bill important for South Africa

Yogashen Pillay|Published

GEMS medical aid said that the signing of the NHI Bill into law by the president was a seminal moment for the nation.

Mapisa-Nqakula, not taxpayers, must foot own legal bill – analysts

Yogashen Pillay|Published

Political parties and analysts have welcomed the decision made by the Department of Defence and Military Veterans to refuse to pay the legal fees of its former minister ...

Law enforcement ready for 2024 national elections

Yogashen Pillay|Published

KwaZulu-Natal MEC for Transport, Community Safety and Liaison, Sipho Hlomuka said they would ensure that all 4 974 IEC voting stations would be closely monitored. ...