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SARB hikes repo rate by 25 basis points

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The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has increased the repurchase rate (repo) by 25 basis points, effective 23 November, Governor Lesetja Kganyago announced on Thursday.

Land reform must benefit emerging farmers: Mabuza

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Deputy President David Mabuza says a well-managed land reform process can and should be used to promote the entry of new players into the agricultural sector without materially disrupting existing production capabilities in the country.

Government commends serial rapist sentence

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Government has welcomed the 208 year sentence handed down to a serial rapist who for years stalked and preyed on young women and schoolgirls in Mdantsane and East London.

Ministers to lead 16 Days of Activism events

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As government launches this year’s 16 Days of Activism against Gender-Based Violence on Sunday, Cabinet ministers will undertake events throughout the country through community-engagement initiatives.

SAA considers getting strategic equity partner

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The Department of Public Enterprises is considering the possibility of introducing a strategic equity partner for South African Airways (SAA), says the Parliamentary Communication Services.

Police bust drug manufacturing warehouse, four arrested

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Acting National Police Commissioner Lieutenant General Stefan Schutte has commended Crime Intelligence, the Directorate for Priority Crime Investigation (Hawks) and Gauteng Province Anti-Gang Unit for the discovery of a clandestine drug laboratory at a small holding in Randfontein.

Audit outcomes show Home Affairs on track

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The Department of Home Affairs has noted the 2017/18 Consolidated Audit Outcomes of National and Provincial Governments, released by Auditor-General Kimi Makwetu on Wednesday.

Eskom briefs Parliament on turnaround strategy

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National power utility Eskom has tabled phase one of a strategic review that will deliver a turnaround blueprint that will include a short-term improvement plan, Parliament heard on Thursday.