The South African Reserve Bank (SARB) has granted an overdraft facility to the Reserve Bank of Zimbabwe of up to R75-million which matures on December 31 2003, says South African Finance Minister Trevor Manuel.
Infrastructure development is one of the keys to unlocking the problem of unemployment, together with public and private sector interventions in procurement, says South African Labour Minister Membathisi Mdladlana.
South Africa is burdened with one of the fastest growth rates of HIV infections in the world, with 25% of women tested at antenatal clinics infected, Social Development Minister Zola Skweyiya said on Friday.
The South Africa government has admitted burning its fingers on black empowerment investments made by the Public Investment Commission (PIC) — the investment vehicle for government employee pensions.
The Democratic Alliance (DA) has rejected the auditor general’s allegations against one of its members of Parliament (MPs) — and repeated its call on the South African Parliament to set up an ad hoc committee to investigate the allegations surrounding the arms deal.
Government had moved speedily with the SA Statistics Council to avoid a recurrence in any calculation error such as the recent one that occurred in the CPI and CPIX, says South African Finance Minister Trevor Manuel.
The South African cabinet on Wednesday welcomed the accession by South Africa to the Financial Action Task Force on Money Laundering (FATF), which also deals with terrorist financing.
The South African Chamber of Business (Sacob) on Wednesday warned Parliament about the politicisation of business through the proposed Broad Based Black Economic Empowerment (BEE) legislation.
It was simply not true that no investment had been made in port infrastructure since the new government in South Africa came to power in 1994, a senior Public Enterprises official, Dr Ian Phillips, said on Wednesday.
Prominent South African lawyer George Bizos on Monday took a new "Anti-Terrorism" Bill to task on behalf of the Legal Resources Centre (LRC), with him questioning the definition of terrorism.
Deputy President Jacob Zuma is to face a question from the African Christian Democratic Party in Parliament on Wednesday about whether he is reconsidering his association with and support for the loveLife message.
The Mining Titles Amendment Bill, which has received the unanimous nod of South Africa’s National Assembly, sets up a central office for the registration of mining titles.
Under President Thabo Mbeki’s watch, South Africa had moved from the politics of the rainbow nation and reconciliation to the politics of race-labelling and race-baiting — including over the arms deal, Zimbabwe and HIV/Aids, argued official opposition leader Tony Leon on Wednesday.
President Thabo Mbeki said the economy has continued to grow "reasonably well" in spite of the tightening of monetary policy during the past year.
The Parliamentary Standing Committee on Public Accounts decided on Wednesday to wait for the Auditor General to present a special report responding to allegations about the controversial arms deal — opting not to call him directly to the committee.
The South African Intelligence department has identified cyber threat as a clear and threatening danger for the country, reports Intelligence Minister Lindiwe Sisulu.
South African Defence Minister Mosiuoa Lekota passionately urged the Zimbabwean Movement for Democratic Change (MDC) "to go back to the talks" with the ruling Zanu-PF government in that troubled country. He has also urged the MDC not to go to the streets in protest.
South African National Assembly Speaker Frene Ginwala has issued a written reprimand of Defence Minister Mosiuoa Lekota in which she says his casualness in his disclosure of his financial interests "is both disappointing and regrettable".
This month marks the 56th month of economic growth in South Africa and all indications were that "this growth will continue" says South African Finance Minister Trevor Manuel.
South African MPs have received a salary hike of about 9% – slightly above the April consumer price index (CPI) figure of 8,8%.
South African President Thabo Mbeki has rejected opposition notions that affirmative action has led to the promotion of only the interests of the black elite — but he has opened the door to debate about the matter.
South African President Thabo Mbeki says huge gains have been made in trying to make the public service representative of the South African population — but the private sector is lagging behind.
The Zimbabwean Zanu-PF government and the main opposition Movement for Democratic Change (MDC) were engaged in dialogue "to decide what to do about their country", South African President Thabo Mbeki said on Thursday.
A Minerals Beneficiation Bill is to be tabled in Parliament soon to address beneficiation strategies relating to mineral value addition, says South African Minerals and Energy Minister Phumzile Mlambo-Ngcuka.
South Africa is a nation of gamblers with more than 70% of its population participating in the national lottery and 19% of the population engaging in casino gambling.
The Exchange Control Amnesty and Amendment of Taxation Laws Bill was passed by the second house of the South African Parliament, the National Council of Provinces, on Wednesday afternoon.
Business has misunderstood the issues over the draft Liquor Bill and the industry has read the legislation wrongly, says South African Trade and Industry Minister Alec Erwin.
A draft Bill, titled the Broad-Based Black Economic Empowerment Bill, has been put before members of Parliament (MPs) serving on the National Assembly Trade and Industry portfolio committee.
Defence Minister Mosiuoa Lekota has disclosed interests in two properties to Parliament’s ethics committee in addition to acknowledging that he had not told Parliament of his oil and wine interests.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=14586">Lekota eats humble pie</a><br>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=14580">Lekota out of pocket by just R11 485</a><br>
Charities and non-profit organisations received donations of nearly R60-billion rand between March 2000 and February 2001 from the public, according to South African Finance Minister Trevor Manuel.
Official opposition finance spokesperson Raenette Taljaard says South African Finance Minister Trevor Manuel cannot merely state that an error has been made over inflation figures by Statistics SA (Stats SA). In a statement on Tuesday afternoon, following the minister’s meeting with the Statistics Council and the decision to delay last week’s release of the CPIX […]
The salaries of South Africa’s government ministers have been published in the government gazette, with it reporting that Deputy President Jacob Zuma earns a total remuneration package of R821 190 a year.