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South Africa

SAA, SA Express merger on the cards

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Pretoria - Government is looking at the possibility of merging national carrier South African Airways (SAA) with SA Express, Finance Minister Pravin Gordhan said on Wednesday.

R1.1b for drought relief

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Pretoria - Government has allocated R1.1 billion towards drought relief, according to National Treasury.

New tax for sugar-sweetened beverages

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Cape Town – Finance Minister Pravin Gordhan has proposed a new tax on sugar-sweetened beverages, as government increases its efforts to tackle obesity.

Minister proposes tax measures to reduce deficit

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Cape Town – With tax revenue collection projected to be lower than initially anticipated, National Treasury has proposed numerous changes to the tax regime with the aim of reducing the budget deficit.

R4.5 billion allocated to NHI

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Cape Town – Government has allocated R4.5 billion for the National Health Insurance (NHI) over the next three years.

Procurement reforms to save R25b a year

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Cape Town – Finance Minister Pravin Gordhan says the Office of the Chief Procurement Officer is implementing procurement reforms with the aim of saving R25 billion over the next three years.

IEC postpones by-elections

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Pretoria - The Independent Electoral Commission (IEC) has postponed all by-elections which were scheduled to take place today in KwaZulu-Natal, Limpopo, North West and the Western Cape.

Government addressing investment bottlenecks

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Cape Town – Finance Minister Pravin Gordhan says government is addressing institutional and regulatory barriers that should help preserve the economy’s investment-grade status.

R813m to fund new ECD grant

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Cape Town – Government has created a new Early Childhood Development conditional grant to help children from poor households to attend ECD centres, National Treasury said on Wednesday.

Government to freeze non-critical vacancies

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Cape Town – Finance Minister Pravin Gordhan has announced that from 1 April, government will freeze appointments to non-critical vacant posts, as part of measures to contain costs.