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South Africa

Human Settlements MECs commit to deliver on housing target

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Although business and the country may be battered by COVID-19 pandemic, the Provincial Human Settlements MECs, have made an undertaking to accelerate housing delivery over the next coming months, in a bid to enable government to deliver on its set target for the 2021/2022 financial year.

Repo rate unchanged at 3.5%

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The Monetary Policy Committee (MPC) has decided against changing the repo rate, opting to keep it at the current 3.5% per annum.

Inequalities in property ownership under the spotlight

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KwaZulu-Natal Human Settlements and Public Works MEC, Jomo Sibiya, says despite legislative and policy interventions to eradicate inequalities in ownership of property, in practice, skewed patterns of ownership, participation and benefit remain.

Eskom warns of possible load shedding

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Due to the severely cold weather in parts of the country, coupled with the loss of some generation capacity, Eskom has warned that it may be forced to implement load shedding at short notice.

Efforts to address taxi violence

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Transport Minister Fikile Mbalula has appointed a panel to assist government to address the challenge of unity and leadership in the taxi industry.

SA dam levels decline amidst dry winter season

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The Department of Water and Sanitation has warned that water levels in the country’s dams in the different provinces, continues to dwindle week-on-week amidst the dry winter season.