South Africa

Anoosh Rooplal, the liquidator of the failed VBS Mutual Bank, has warned that depositors have until July 2021 to claim their investments.

Eskom’s unit 2 at the Kusile power station in eMalahleni, Mpumalanga, has today been brought into full commercial operation status, to further stabilise the power system.

Minister of Public Enterprises, Pravin Gordhan, has welcomed government’s commitment to provide R10.5 billion to finalise the Business Rescue Plan (BRP) and restructuring of South African Airways (SAA).

Deputy President David Mabuza has condemned and denied any involvement in the alleged fraud that is said to have taken place during his tenure as Mpumalanga’s Premier.

Given the present temperatures which give rise to a sweltering heatwave, the Department of Water and Sanitation in Gauteng has appealed to water users to be proactive when it comes to water conservation and avoid wastages.

The Department of Water and Sanitation has dismissed claims that it is intervening in the longstanding challenge of raw sewage spillages into the Vaal River as a ploy to campaign for next year’s Local Government Elections.

The number of detected COVID-19 cases is now 719 714 after 1 863 new infections were identified in the last 24 hours.

The South African Revenue Service (SARS) has welcomed the commitment made by the Minister of Finance Tito Mboweni to reduce the budget deficit and achieve higher economic growth.

Just short of one month after assuming chairship of the African Union Ministers of Trade, Ebrahim Patel, SA's Minister of Trade, Industry and Competition, has chaired his second meeting of the Ministerial negotiating body.

The Portfolio Committee on Basic Education has commended the Department of Basic Education for the work done to ensure that Grade 12 learners are ready for the upcoming National Senior Certificate (NSC) examination next week.

Finance Minister Tito Mboweni faces a tough juggling act this afternoon, when he presents the 2020 Medium Term Budget Policy Statement (MTBPS) in Parliament.

In an effort to manage the effect of reductions in planned expenditure, relative to the 2020 Budget, the provincial equitable share will be reduced by R209.7 billion in the next three financial years.

The South African government is exploring options to ensure access to COVID-19 vaccines when they become available, says the National Treasury.

President Cyril Ramaphosa’s enthused ambition to funnel much-needed jobs into the South African economy has received a major shot-in-the-arm with an additional R12.6 billion unveiled in the 2020 Mini-Budget.

The country’s security cluster has received a boost in its crime fighting efforts, with National Treasury unveiling various budget allocations in the Medium Term Budget Policy Statement (MTBPS), ta