AGOA Trade and Economic Cooperation Forum
Growing business, trade and investment ties between sub-Saharan African nations that are part of the Africa Growth and Opportunity Act and the United States (US) holds enormous benefits for the two regions.
Growing business, trade and investment ties between sub-Saharan African nations that are part of the Africa Growth and Opportunity Act and the United States (US) holds enormous benefits for the two regions.
First, I must declare that I am not much into the sport of rugby. In fact, I don’t understand half the rules of the game. Having watched it since the last success by the team, I have come to realise that what I always regarded to be a hooligans sport is in fact a game of strategy and tactics. There is elegance in the wrestling madness. From this world cup installment, I have been enriched by these notables:
The Passenger Rail Agency of South Africa (PRASA) has reiterated that measures are in place to ensure the safety of commuters following the dismissal with costs of an application brought by a commuter suing the agency for delictual damages arising from injuries sustained while on board a Metrorail train.
Minister of Sport, Arts and Culture Zizi Kodwa says the significance of the Springboks' 2023 Rugby World Cup (RWC) win extends beyond the rugby field; it symbolises unity and reconciliation in South Africa and is a core ingredient for SA’s journey to nationhood.
Water and Sanitation Minister (DWS), Senzo Mchunu is today expected to conduct an oversight visit to the Clanwilliam Dam infrastructure project in the Western Cape.
To cater for the growing pressures imposed by climate change on infrastructure, especially at the local level, government has created a resource pool to specifically respond to future disasters.
Finance Minister Enoch Godongwana says the Medium Term Budget Policy Statement (MTBPS) prioritises reforms aimed at enhancing the growth of the Gross Domestic Product (GDP).
More than 60 municipalities who owe Eskom for unpaid bulk electricity services have applied for government’s debt relief arrangement.
Work is underway to reconfigure the structure and size of the State as part of government’s efforts to improve the efficiency and effectiveness of public spending.
Government will adopt a “prudent fiscal stance” which will aim to balance spurring economic growth, supporting society’s most vulnerable groups, stabilising public finances and reducing economic and fiscal risks.
The Medium Term Budget Policy Statement (MTBPS) has revealed how South Africa’s weak growth combined with arduous debt repayment obligations and other factors continue to affect the financial health of state-owned enterprises (SOEs).
Government has extended the COVID-19 Social Relief of Distress Grant (SRD Grant) until March 2025 while it considers social security policy reforms and a funding model.
The servicing of government’s rising debt is “crowding out” social spending in the country, says Finance Minister Enoch Godongwana.
Revenue collection is expected to fall by some R56 billion below the 2023 Budget predictions, according to the National Treasury Medium Term Budget Policy Statement (MTBPS).
Government is working hard to address deficiencies in the fight against organised crime and illegal financial flows, says Minister of Finance Enoch Godongwana.