News Bulletin of 8 November 2025, 10am

NYDA launches R2.5 Billion National Youth Fund to tackle unemployment
The National Youth Development Agency launched a R2.5 billion National Youth Fund to tackle unemployment.

The announcement was made at a Youth Investment Indaba in Johannesburg.

The event aims to foster dialogue, innovation and collaboration and to break down barriers that limit young people's full participation in South Africa's economy.
Sandton and Gauteng
Koeberg Unit One successfully reconnected to South Africa’s grid
Eskom says it has successfully reconnected unit one at the Koeberg nuclear power station in Cape Town to the national grid.

The unit was shut early this year for the second phase of its long-term operation maintenance programme, a requirement of its 20-year life extension granted by the National Nuclear Regulator.

Both units one and two are expected to provide over one-thousand-860-megawatts to the national grid. Eskom says the achievement reflects its commitment to the safe, reliable, and efficient operation of the power plant.
South Africa
Midvaal named best-performing Municipality in Gauteng
The Midvaal Municipality was recognised as the best-performing municipality in Gauteng at the recent inaugural 2025 Municipal Performance Awards.

The awards honour excellence in financial health, governance, fiscal discipline and service delivery.

Mayoral spokesperson, Idah Satikhe, says the achievement is attributed to the hardworking staff, rate-paying residents and public representatives.
South Africa
Financial Indicators
Microsoft SA Expands Access to High-Demand Skills
Microsoft South Africa has officially launched a digital learning platform that offers flexible, mobile-friendly learning pathways in high-demand skills.

The initiative which is backed by a newly signed Memorandum of Understanding with the Department of Higher Education and Training, reinforces government’s commitment to digital transformation in education.

The platform offers learning tracks in cybersecurity, data analytics, software development, cloud computing and multimedia design.

The learning tracks offered through Ikamva Digital are designed to align with the demands of the global and local job market, preparing learners for the fastest-growing careers in the digital economy.
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