Latest news with #R650
The Citizen
a day ago
- Business
- The Citizen
Here's how much Goodyear employees will receive as Kariega plant shuts down
Numsa is working with government to take over the manufacturing plant after Goodyear insisted on removing its intellectual property. The National Union of Metalworkers of South Africa (Numsa) have claimed a small victory as Goodyear's production plant in the Eastern Cape closes. Goodyear confirmed the shutdown of its South African production operations in June, with improved severance terms being agreed on Friday. Headquartered in the US state of Ohio, the multinational giant ended its 78-year association with South Africa. Goodyear severance payouts The company will still retain a retail presence in the country, but Numsa said this will have little consolation, as they revealed the severance terms at a briefing in Johannesburg on Monday. Goodyear initially offered workers R50 000 severance pay and two weeks' pay for every year employed, with Numsa securing a doubling of that offer for members. In addition to the severance lump sum, employees will receive an extra month's salary, full pay for August and all bonuses owed. For those who had obtained bursaries or were pursuing trade examinations through the company, the payment of those programmes will be honoured by Goodyear. The bill for counselling sessions, medical-aid obligations and an undisclosed amount set aside for an education and work security fund will also be footed by Goodyear. Numsa has 488 affiliated employees with between one and 26 years at the plant, and they will receive between roughly R200 000 and R650 000 each. The Kariega factory had 64 Numsa member with between 26 and over 40 years of service, and they will receive in excess R1 million each. Segment losses for tyre company Just last week, Goodyear reported global net income of $254 million for the second quarter of 2025 — up from $79 million from the same period last year. 'The second quarter proved challenging in both our consumer and commercial businesses, driven by industry disruption stemming from shifts in global trade – including a surge of low-cost imports across our key markets,' stated Goodyear CEO Mark Stewart. South Africa falls into Goodyear's Europe, Middle East and Africa (EMEA) business segment, which recorded a loss for the second quarter of 2025. 'Segment operating loss of $25 million was $55 million lower than last year, driven by higher raw material costs, the non-recurrence of the 2024 net insurance recoveries, and inflation,' the company stated when announcing its quarterly performance. In the last six months the EMEA segment recorded the sale of 23.6 million tyre units, but at a 1.1% operating margin loss. Goodyear were asked by The Citizen what percentage of the segment South Africa comprises, but no response was forthcoming. Goodyear's Americas and Asia Pacific segments recorded positive operating margins of 5.7% and 9.4%, respectively. 'Risk of deindustrialisation is no longer a distant threat' Numsa called Goodyear's decision to close the Kariega plant 'unscrupulous' and wanted the company to donate the plant and intellectual property to the community. '[Goodyear] ultimately agreed not to dispose of its property and whatever other assets fall outside of its claimed intellectual property for a period of two months, as to enable Numsa to further pursue discussions with government,' stated Numsa General Secretary Irvin Jim. 'To this effect, with the support of national government — the Department of Trade Industry and Competition in particular), the Industrial Development Corporation has made an expression of interest to Goodyear to take over the plant infrastructure,' he explained. Jim called on government to take 'decisive measures' to protect the manufacturing sector, including tariffs, a ban on tyre imports, tighter tax regulations on multinational companies and a coherent state-led industrial strategy. 'The risk of deindustrialisation is no longer a distant threat; it is a reality we are already facing, made worse by rising unemployment and economic hardship for workers,' Jim concluded. NOW READ: Unemployment increases again as economy sheds 140 000 jobs
The South African
5 days ago
- Business
- The South African
Major Soweto mall closed due to killing and protests
Maponya Mall in Soweto has been forced to close its doors as protests erupted in response to the murder of an e-hailing driver outside the shopping centre. One e-hailing driver was shot dead, and two others injured in a violent attack outside the mall. Their vehicles were reportedly set alight in what residents claim was an escalation in tensions between e-hailing operators and taxi drivers – a rivalry that has led to repeated clashes in the area over the years. Enraged by the brazen violence, local residents, workers, and e-hailing drivers staged a protest at the mall, calling for: The closure of the mall for several days as a period of mourning The removal of the mall's private security company Greater accountability from authorities and mall management Protesters have also blocked roads near the mall, aiming to prevent minibus taxis from operating in the area. Many accuse the taxi industry of using violence and intimidation to monopolise local transport, and have labelled some actions by taxi associations as 'terrorism'. Despite remaining largely peaceful, protestors allege that mall management deployed additional security, a move viewed by many as provocative given the community's longstanding support for the retail centre. Workers at Maponya Mall have expressed deep concern over the long-term economic fallout, warning that the continuing violence and unrest could jeopardise jobs and drive away customers. 'If people don't feel safe coming here, we all lose – workers, stores, the whole community,' said one retail employee. Opened in 2007, the R650 million Maponya Mall was spearheaded by the late Dr Richard Maponya, a pioneer of black entrepreneurship in South Africa. The mall, spanning 65 000 sqm, was developed in partnership with Investec and Zenprop, and is now owned by Redefine Properties. Maponya Mall has long held a special place in Soweto's identity, widely credited with bringing formal retail to the township and contributing to the reversal of apartheid-era spatial inequalities. During the July 2021 unrest, which saw over 300 people killed and billions of rands in damage nationwide, Soweto residents formed human shields around the mall to protect it from looters. The community effort was hailed as a symbol of unity and resilience. Now, that same community is calling on authorities, mall management, and government to act decisively to end the violence and preserve the area's fragile economic infrastructure. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The South African
08-08-2025
- Sport
- The South African
Here's how much Orlando Pirates season tickets cost
Orlando Pirates fans have the opportunity to secure their places at every Betway Premiership home fixture with season tickets for the 2025/26 Betway Premiership campaign now available. As the Soweto giants kick off another highly-anticipated season, which begins this Saturday, 9 August at Orlando Stadium where they host Sekhukhune United, fans can secure their seats for this fixture along with all the Bucs home games throughout what promises to be yet another exciting league campaign. Season tickets allow access to all Betway Premiership home fixtures held on the club's iconic Orlando Stadium. Meanwhile, the ticket is also valid for the home Soweto derby against rivals Kaizer Chiefs, scheduled to take place at FNB Stadium in April 2026. Tickets cost R650. Tickets for MTN8, Nedbank Cup and other cup fixtures can be purchased separately on OpenTickets. You can purchase your Season Tickets by visiting OpenTickets online. All tickets are sold digitally and will be displayed on a mobile device, added to a Google Wallet or an Apple Wallet. This is to ensure a seamless match day experience, real-time updates and easy ticket transfers. How do I purchase the season tickets? You will need to visit the Opentickets website at click on the Season Tickets option and follow the steps to purchase your season ticket package. Are these tickets only available for sale online? Yes, these tickets are only available for purchase online via the Opentickets portal at Who do I contact should I encounter difficulties with registration or purchasing? For enquiries, please contact Vivian Monaisa via email at vivian@ alternatively on mobile number +27 11 247 5300. What matches are included in the 2025/26 season ticket? General Stand Tickets for all OPFC PSL Betway Premiership home fixtures at Orlando Stadium during the 2025/26 season. Includes General Stand tickets to the PSL Betway Premiership 2025/26 OPFC Derby and the Mamelodi Sundown's fixture played at FNB Stadium. What is the restriction of tickets that I can purchase? Each profile is limited to purchase 10 seasonal packages – this is for the benefit of group purchases. What additional benefits are included when purchasing the season ticket? Dedicated Fast Lane at the access gate for season ticket holders. Hospitality Discount: 25% off any hospitality package purchased for OPFC PSL Betway Premiership home fixtures at Orlando Stadium for the 2025/2026 season (excluding the OPFC Derby). Limited to a maximum of 5 packages per season ticket holder. How do I get my tickets for each game? All matches included in the package will be preloaded onto your personalised PVC OPFC branded season ticket card. Your PVC OPFC branded season ticket card will serve as your match ticket al will be scanned at the entry gates. Who will communicate to me regarding the next steps for the next game? You will receive a welcome email once you have purchased your ticket, for enquiries, please contact Vivian Monaisa via email at vivian@ alternatively on Office number +27 11 247 5300 Season ticket cards to be collected at the Pirates Shop at Orlando Stadium. Can I cancel my season ticket? Can I transfer my purchase to someone else? No, unfortunately tickets are non-transferable Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
IOL News
30-07-2025
- Entertainment
- IOL News
Top picks for preschoolers: Barbie, Peppa Pig, and Harry Potter toys
My First Barbie™ is a debut collection designed for preschoolers. Image: Loot Description: Barbie My First Barbie Deluxe Doll (Blonde) My First Barbie™ is a debut collection designed for preschoolers! The dolls are larger and easy-to-dress with poseable, soft-touch bodies. My First Barbie™ Deluxe dolls come with two cute fashions and ample accessories for day- and night-time storytelling play. Each sold separately, subject to availability. Barbie® dolls cannot stand alone. Colours and decorationsmay vary. Price: R650 Visit: What strange mystery lurks in the echoing corridors of Sacred Kidney School? Image: Loot Description: Murdle Junior 1: Sleuths on the Loose What strange mystery lurks in the echoing corridors of Sacred Kidney School? Ready to solve more whodunnits? Follow the novel with Murdle Junior: Curious Crimes for CuriousMinds and Murdle Junior: Ready, Set, Solve! Price: R210 Visit: Description: Peppa Pig Peppa's Clever Car WOW! STUFF Peppa Pig's Clever Car Interactive Pre-School Toy with lights and sounds motorised vehicle with Collision Avoidance Sensors. Press the steering wheel and Peppa's Clever Car drives by itself. The built in sensors detect obstacles and the car changes direction to avoid bumps and bangs. Price: R879 Visit: Description: Pocket Potters: Harry Potter Calling all fans of J.K. Rowling's Harry Potter stories. The Pocket Potters are the must-have guides to all of your favourite characters from the wizarding world. Releasing within August 2025. Pre-order your copy for only R199. Price: R199 Visit:
IOL News
28-07-2025
- Health
- IOL News
What's On: Parenting workshop supports families navigating neurodiversity
Join and Old Mutual for a practical parenting workshop on neurodiversity, happening 13 September in Johannesburg. Expert speakers will share insights on mental health, education, nutrition, and more. Parents raising neurodivergent children are invited to attend the Neurodiversity Parenting Workshop, a powerful in-person event hosted by in partnership with Old Mutual, The Neuroverse and Nutripaeds. Held at The Forum at The Campus in Johannesburg, on Saturday, September 13, the workshop offers practical advice, expert insight and emotional support for families navigating the unique challenges of neurodiversity. Topics will include mental health, education, nutrition, therapy, digital parenting and building effective support networks. Parents and caregivers will also have the opportunity to ask questions, connect with professionals, and engage with solution-driven brands. Speakers include: Dr Alicia Porter – Medication and therapy Dr Jenny Rose - Parental support, managing emotional wellbeing and behaviour of families Naledi Mokoena - Managing schools and educational challenges Kath Megaw RD (SA) - Nutrition and key considerations with practical advice Rianette Leibowitz - Digital parenting to support families Tamra Jones and Jules Belasyse-Smith – Community collaboration and effective support networks Niki Seberini – Breathwork session and tips for parents Tickets cost R650 and include snacks, a light lunch, goodie bags, and a chance to win practical prizes. Book via or Quicket.
