The country’s role in Africa has diminished somewhat since the Thabo Mbeki era and Ramaphosa is losing relevance
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Russia and local experts have said the ammunition and weapons manufactured in South Africa is of Nato and not Russian military standard
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The treasury has found a new way to throw its weight around. Who will it crush first?
The treasury also hopes to change the behaviour of local government officials and restore financial management best practices
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The faux pas with the Finnish president is the latest in a series of embarrassing moves by our head of state
It’s something to ruminate on as we sit in stage six of load-shedding, further weakening our fiscal position
Changes to the law and subsidies for solar, are steps in the right direction
The two interventions have received major blowback with critics accusing the government of undermining public oversight
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The Economic Freedom Fighters has accused Finance Minister Enoch Godongwana of encouraging corruption in Eskom
The government is walking a tightrope as civil servants embark on industrial action over pay
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Data released this week gave credence to the view that South Africa may be headed for another technical recession
Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels
Only the uninitiated or the hopelessly optimistic would have been merely disappointed by last night’s long and needlessly delayed cabinet announcement
Emergency procurement funds will not be abused, says Nkosazana Dlamini-Zuma
The announcement comes just hours after deputy president David Mabuza resigns from parliament
The top priority must be to take swift action to get off the greylist, restore SA’s reputation and regain the global community’s trust, party says
Financial Action Task Force noted the country made ‘a high-level political commitment’ to work with the watchdog to tackle money laundering
The finance minister’s commitment to toeing the line may send positive signals to ratings agencies, but at what cost?
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The biggest highlight of the budget was the support to aid individuals and businesses to source alternative energy sources
With the country in its 115th day of load-shedding, De Ruyter leaves with immediate effect after accusing the ANC of seeing Eskom as a “eating trough” in an explosive interview
The social development department has been allocated R35.7 billion to fund the extended social relief of distress grant
Fresh billions will allow the appointment of 15 000 police trainees and prosecutors with skill in bringing financial crimes to court
The finance minister said South Africa still needs to address shortcomings but hopes the sanctions will not be severe
The money will go towards clearing the airline’s historic debt and may not be the last downpayment
The majority of the relief comes in the form of incentives given to businesses and households investing in alternative energy
However, the treasury still expects the country to achieve a main budget surplus from this year onwards
The debt relief amounts to almost as much as the power utility has received in bailouts since 2008
The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness
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With the country’s economy on the brink, the president assured the nation that ending load-shedding is his government’s top priority
The ANC wants to push ahead with shifting Eskom to the mineral resources and energy ministry
Janet Yellen’s statements on energy come amid stage five load-shedding
First they blamed De Donker and De Donkerder, then Cyril, Pravin and the State Capture King and finally Old King Coal
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