South Africa

Cape Town - The National Treasury has allocated an extra R461.1 million for South Africa's hosting of the 2013 Africa Cup of Nations (Afcon) soccer tournament, but no spending will go towards "extravagances", says Deputy Minister of Finance Nhlanhla Nene.

Cape Town - The Marikana shooting in August and the industrial action which has followed in its wake, have dented confidence and lowered growth prospects for the remainder of the year, the Minister of Finance Pravin Gordhan said.

Cape Town - Departments will have to consolidate programmes and activities, and seek greater value for money from what is available in the Fiscus, the Minister of Finance Pravin Gordhan said today.

Cape Town - South Africa's sound institutional framework, built on the foundation of the Constitution, will hold the country in good stead as it faces uncertainty at home and abroad, the Minister of Finance Pravin Gordhan said today.

Cape Town - Government is exploring options aimed at boosting infrastructure funding through enhancing the role of the country's development finance institutions and by mobilising private-sector capacity, the Minister of Finance Pravin Gordhan said on Thursday.

Cape Town - The National Treasury is expected to next month release the preliminary findings of a long-term fiscal report that will assess the sustainability of spending options in light of demographic and economic projections.

Pretoria - The Producer Price Index (PPI) fell to 4.2% year-on-year in September from 5.1% in August, said Statistics South Africa (Stats SA) on Thursday.

Pretoria - The results of Census 2011 will be released to the public and handed over to President Jacob Zuma next Tuesday, Statistics South Africa's Statistician General Pali Lehohla said on Thursday.

Pretoria - Cabinet has approved the gazetting of the terms and conditions - including updated tariffs - that will apply to users of the toll road network in Gauteng.

Cape Town - Social dialogue between labour, government and business would help mobilise all South Africans who are in a position to make a contribution to the economy, the Deputy President Kgalema Motlanthe said on Wednesday.

Durban - President Jacob Zuma says government and the people of South Africa are fully prepared and ready to host a successful 2013 Africa Cup of Nations (Afcon) tournament.

Durban - The final draw for the 2013 Africa Cup of Nations (Afcon), to be hosted by South Africa next year, has seen South Africa being drawn in group A with Cape Verde, Angola and Morocco.

Durban - The stage is set for the 2013 African Cup of Nations (Afcon) final draw where the 16 participating national teams will know whom they will be facing and in which city they will be based for the group stage matches.

Johannesburg - African countries need to tighten their road traffic enforcement laws or risk losing more lives in avoidable road crashes.

Polokwane - Deputy Minister of Justice Andries Nel has assured Polokwane residents that legal documents, which were damaged in a fire at the Polokwane Magistrate's Court in Limpopo, will be reconstructed and that no suspects will go free without standing trial.


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