Ports and freight rail company Transnet has been issued an immediate R47 billion guarantee facility by National Treasury in support of the company’s recovery plan and to meet the state-owned entity’s immediate debt obligations.
Cabinet has approved the publication of the final Next Generation Radio Frequency Spectrum Policy.
Eskom has announced on social media platform X that Stage 2 and 3 load shedding will be implemented from 10am on Friday until Sunday.
Cabinet has welcomed the launch of a project that has connected 1 600 households and enabled at least 6 000 community members to access broadband services in KwaZulu-Natal.
Eskom is pinning its hopes on the Municipal Debt Relief programme facilitated by National Treasury to support municipalities in dealing with their historical debt challenges.
Warrant Officer Busisiwe Ncula, who is attached to the Eastern Cape’s Family Violence, Child Protection and Sexual Offences Investigations (FCS) Unit, has successfully secured 33 life term sentences and an additional 2087 years’ imprisonment for 15 rapists.
Cabinet on Thursday said it will back the Competition Commission’s rand manipulation investigation.
This comes after the competition authorities announced that the British multinational Standard Chartered Bank (SCB) admitted liability in the currency manipulation case and agreed to pay a R42 million fine.
The SCB is one of 28 banks, locally and overseas, currently being investigated for allegations of manipulating the value of the rand exchange rate between 2007 and 2013.
Transnet says ramping up the number of locomotives available on its lines is one of the key measures it is implementing to decongest the Port of Richards Bay.
Cabinet has reaffirmed the need to prioritise the implementation of the National Strategic Plan (NSP) of dealing with the second pandemic of gender-based violence and femicide.
Minister of Transport Sindisiwe Chikunga is spearheading a campaign for South Africa’s re-election on the International Maritime Organization (IMO) Council for the 2023-2024 biennium during the IMO Assembly currently underway in London, United Kingdom.
