The new finance minister said there would be no new bailout for Eskom or other parastatals, with the exception of Denel, which was thrown a lifeline after defaulting on debt to the tune of R2.9-billion
Enoch Godongwana’s first medium-term budget policy statement includes more funding local government, but with more terms and conditions for after service delivery failures cost the ANC dearly at the polls
The finance minister says more grants would mean the money would have to be cut elsewhere as he sticks to fiscal consolidation
A start-up Act that changes exchange control, tax and labour laws will help innovation-driven tech start-ups thrive
The municipality has accrued billions of rand in wasteful spending, and more than 6 000 putrid bucket toilets
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The Bill, which will facilitate South Africa’s transition to a greener economy, compels businesses to reduce greenhouse gas emissions that accelerate climate change
‘The unrest presents an untimely and negative effect on SA’s growth prospects,’ said Godongwana, adding that this could last for the next six quarters
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
The SIU told parliament the health department was so desperate to give Digital Vibes a communications contract that it flouted government procurement policies and allowed a 104% price inflation
Meet the father, the cook and the chief executive of Eskom, who wakes up at 3am and writes speeches. André de Ruyter speaks to Athandiwe Saba about the future of the power utility, balancing its debt and how to make the best bully beef toast
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A March 2020 directive from the Gauteng premier is at the centre of an SIU civil case to recover money lost due to alleged unlawful procurement
The parastatal has struggled with financial constraints for some time, partly blamed on wasteful expenditure and the inability to create revenue
Ramaphosa needs to build broad political consensus if he is to have any chance of pursuing his fiscal and structural reform agenda
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Zondo wanted to know why tenders were awarded to a company that was publicly known to have been involved in corruption
It is becoming clear SA needs a BIG, as many ANC cabinet members, opposition parties and experts agree. But there is still dissent from some quarters
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The finance minister extended the Ters relief and the social distress relief grant, and also ensured businesses hit by looting can access insurance
After alleged attempts to loot Eastern Cape housing funds, 39 200 people in the province will continue to live in atrocious conditions
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Rebuilding is crucial, but democracies cannot allow themselves to be held to ransom by the destruction of anarchists in dictating where public funds should be spent
Any further extensions of Ters payments will impede the UIF’s ability to pay normal claims for unemployment and parental leave
Failing to invest in a greener economy could cost South Africa trillions, but calls to mobilise capital come amid fiscal strain
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Covid-19 had an immediate effect on informal businesses, which fell from 1.6-million enterprises in the first quarter of 2020 to 1.2-million in the second
It’s a history littered with lessons and crumbs of what was to become the SAA privatised
The airline’s outstanding government guaranteed debt is R6.4-million and the treasury says there are no new guarantees to mitigate future risks to the fiscus
National treasury and SIU flag gross misconduct in minister’s department with no heads rolling as millions keep disappearing
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Audit firm PwC said R500-million irregular expenditure incurred by the Free State education department is related to an unsolicited bid by the Kagiso Shanduka Trust to improve schools
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A funding policy loophole seems to be encouraging feeding at the trough at the NAC
The money was found within the existing budget of the justice department after the treasury said it was not prepared to make a further allocation
Social impact bonds focused on decreasing youth unemployment and improving early childhood learning have delivered positive outcomes the government can replicate to establish effective service delivery.
The court has given Cash Paymaster Services 15 days to provide all documents that will allow the treasury to calculate the sum it needs to refund the social security agency
The South African Reserve Bank cautioned that if it was not for load-shedding, the country’s economy could have been stronger
Symington returned to bizarre ‘hostage drama’ and implicated the former Sars commissioner in fabricating charges against Pravin Gordhan with the Hawks
The SAPS has received more than R500-billion over the past five years, yet commercial crime cases such as Steinhoff drag on
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