South Africa

While disappointed with Moody’s decision to downgrade it, Eskom on Thursday said it is optimistic that its credit profile will improve.

National Treasury has published the Foreign Member Funds Framework for public comment.

Gauteng will deploy an additional 1 266 police personnel and 859 high performance vehicles which have been fitted with the latest technology such as trackers and registration number plate recognition - to improve police response and visibility during this Easter weekend.

Consumers will have to brace themselves for a massive fuel price increase at the petrol pumps, which come into effect next week.

Deputy President David Mabuza says government is implementing interventions to ensure that governance is improved at state-owned enterprises (SOEs) in the short-term.

The Monetary Policy Committee (MPC) on Wednesday reduced the repo rate by 25 basis points to 6.5% in line with market expectation.

The Eastern Cape’s Cooperative Governance and Traditional Affairs (CoGTA) MEC, Fikile Xasa, has welcomed the arrest of 12 Mnquma Local Municipality officials on allegations of fraud, corruption and money laundering.

Mineral Resources Minister Gwede Mantashe has called for increased vigilance on health and safety in the sector.

Home Affairs Minister Malusi Gigaba has approved the extension of operational hours for selected ports of entry during peak periods such as the Easter weekend.

An Independent Police Investigation Directorate (IPID) investigator appeared before the Nelspruit Magistrate’s Court on Tuesday for fraud.

The recent Listeriosis outbreak in South Africa has led to several countries banning exports of affected products from SA.

Agriculture, Forestry and Fisheries (DAFF) Minister Senzeni Zokwana says the department will be triggering its diplomatic channels and legal remedies to have the funds held in the trusts abroad returned to South Africa.

The Gauteng Department of Education has called on law enforcement to hunt down and arrest those responsible for stock theft at schools.

The Gauteng Department of Health (GDoH) says while it is on a path to financial recovery, a payment plan is in place to prioritise funds and pay suppliers.

Home Affairs Minister Malusi Gigaba says the department will this year introduce an electronic VISA application system in order to curb fraudulent permits from foreign nationals.