Subsidies
latest news & developmentsEnergy subsidies tripled since 2017, hitting R172-billion in 2020
The social costs of fossil fuel combustion are about R550-billion a year, according to a new report
Tackle climate change and biodiversity loss together, not separately, scientists say
Some climate adaptation and mitigation projects end up harming the natural environment and people, a new report warns
More than 1 200 academics plead with government to address funding crisis
Open letter to President Jacob Zuma, higher education minister Blade Nzimande, and finance minister Pravin Gordhan.
The state must invest in rental stock for people earning less than R3 200 a month
Informal settlements, ‘bad’ buildings and overcrowding will increase without this government intervention.
SAA doubles back in subsidy saga
And questions remain about whether taxpayers are funding not just one but two loss-making airlines.
Subsidies won’t make a dent
Experience around the world shows they don’t create jobs. South Africa must look elsewhere.
Zambian govt risks ire by scrapping maize subsidy
A decision by Zambia’s president to slash a key food subsidy threatens to hit the poor, stoke inflation and spark a revolt against his government.
Private schools to be probed for alleged subsidy abuse
The names of 14 independent schools have been handed to police as part of a probe into possible abuse of government subsidies, says an official.
Car makers cash in on subsidies
Industrial incentives are costing taxpayers billions, with vehicle subsidies — the largest expense — totalling more than R51-billion.
US subsidies ‘poison’ emerging market talks
The US subsidies for failing industries risk ”killing” American attempts to discuss trade with developing nations, a US official said on Friday.
Govt to pay bus subsidies in full
The first portion of a total of R1,2-billion in bus subsidies is to be paid next week, the Pretoria High Court heard on Friday.
Bus subsidy dispute rolls on
Legal arguments over the outstanding payment of R1,2-billion in bus subsidies will be heard on Friday, the Pretoria High Court has ruled.
Satawu: Bus operators broke
Bus operators can only afford to pay their staff wages for the next two weeks because of a subsidy shortage, it was reported on Wednesday.