Paul Vecchiatto
latest news & developments
Merchants of despair
When imprisonment becomes a business, the profit motive rears its head at the expense of the good of the prisoners. Three recent books deal with the murky workings of the…
Argus tour ‘boosted W Cape economy by R450m’
The Cape Argus Cycle Tour held this past weekend was estimated to have contributed R450-million to the Western Cape’s economy.
Private sector needs to step up, says Gordhan
Finance Minister Pravin Gordhan has urged the business sector to get more involved in the economy through infrastructure and job creation projects.
DA targets Ebrahim Patel over Canyon Springs scandal
The DA has accused Sactwu of shielding Economic Development Minister Ebrahim Patel from the fallout of R100-million worth of workers’ pension funds.
Cosatu calls for protests over solar sector jobs failure
Cosatu is planning protests over what it says is government’s failure to implement job commitments with the importing of solar panel components.
DA’s annual Cabinet report card hands Zuma an ‘F’
The DA’s Cabinet report card has given President Jacob Zuma an ‘F’ while giving Cabinet a ‘D’, saying Zuma has failed to defend the Constitution.
You might need to apply for an extra day of leave …
People who think they only need three days’ leave between Christmas and New Year’s Day are in for a shock — they actually need to apply for four.
Local business gets a boost through procurement regulation
Government has made regulations effective allowing the trade and industry department to designate that only locally produced services are procured.
Zuma announces member of arms deal commission
President Jacob Zuma has appointed Free State High Court Judge President Hendrick Mmoli Thekiso Musi as a member of the arms deal commission inquiry.
SA won’t be spared from eurozone fallout, warns Zuma
The eurozone crisis poses a serious threat to the SA economy, President Jacob Zuma says, and it will take a collective effort to cushion the country.
Market inefficiencies compound SA woes
SA’s current fiscal predicament is partly due to the severity of economic shocks but also because of the inefficiency of product and labour markets.
Department of public works missing R2.1-billion
The Auditor General says the public works department is unable to account for R2.1-billion of goods and capital expenditure during 2010/11.
State’s debt to municipalities estimated at R64-billion
A government committee has been formed to help municipalities recover debt the national government owes them, which could be as much as R64-billion.
No land reform before audit, says DA
Until government has completed an audit of what land it owns and in what condition it is in, land reform will be seriously compromised, says the DA.
Gordhan searches for a better plan
Pravin Gordhan needs SA’s economy grow at a rate of around 7% per annum in order to create jobs and keep the country globally competitive.