South Africa

Cabinet has called on stakeholders in the energy sector to fully support the implementation of the plan in the paper titled “Roadmap for Eskom in a Reformed Electricity Supply Industry”.

Cabinet has approved the submission to Parliament of the Prescription in Civil and Criminal Matters (Sexual Offences) Amendment Bill of 2019.

Gauteng parents who have received an offer of placement for Admissions 2020 have been urged to accept the offer immediately.

Small Business Development Minister Khumbudzo Ntshavheni is expected to unveil funding instruments that will improve the financing of Small, Medium and Micro-Sized Enterprises (SMME).

President Cyril Ramaphosa will brief the nation on government interventions on a number of critical issues of national concern when he responds to questions posed by Members of Parliament in the National Assembly this afternoon.

Public Enterprises Minister Pravin Gordhan says reverting to giving Eskom loans will instil discipline and ensure that the power utility lives within its means and manages its finances better.

President Cyril Ramaphosa has appointed Advocate Elaine Zungu as the Director of Public Prosecutions in the KwaZulu-Natal Division of the High Court of South Africa, with effect from 1 November 2019.

Government has welcomed the 20 life sentences and 758 years imprisonment handed down to serial rapist and home burglar Bongani Lucky Masuku.

South Africa expects the economy to grow at a rate of 0.5% in 2019 – which is a downward revision from the 1.5% projected in the February budget.

The budget deficit is expected to widen to 6.2% of the Gross Domestic Product (GDP) in 2020, National Treasury said on Wednesday.

Finance Minister Tito Mboweni says going forward, any cash injection aimed at supporting the cash flow for embattled power utility Eskom will be in a form of loans, and not equity.

Headline inflation is expected to increase gradually in 2019 with the Reserve Bank maintaining its inflation targeting policy of below 6%, the National Treasury said on Wednesday.

Finance Minister Tito Mboweni has projected a R53 billion revenue collection shortfall for the current financial year.

Finance Minister Tito Mboweni says there is a need to trim civil servant perks and stop wastages as the debt to GDP ratio is expected to rise to 71.3% in 2023.

The roll-out of the much-anticipated National Health Insurance will require an addition R33 billion annually from the 2025/26 financial year.