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South Africa

Prioritising energy welcomed

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Minister in the Presidency Mondli Gungubele has welcomed President Cyril Ramaphosa’s move to add a Minister of Electricity in the Presidency, saying that this will allow government to work more rapidly to address the energy deficit.

Employment Tax Incentive expanded

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To address the challenge of youth unemployment, government has expanded the Employment Tax Incentive to encourage businesses to hire more young people in large numbers.

Government developing Transnet Roadmap

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Government is working to develop a Transnet Roadmap that will translate the country’s policy commitments into reality, including the restructuring of Transnet Freight Rail.

Spectrum contributes R14 billion to the fiscus

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The completion of the spectrum auction in the telecommunications sector has unlocked new investment and contributed R14 billion to the fiscus, says President Cyril Ramaphosa.

Government commits to funding SMMEs

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President Cyril Ramaphosa has announced funding initiatives for small businesses with the intention of creating jobs and growing established small businesses.