SAFTU raises concerns over World Bank’s R26bn loan to SA

SAFTU General-Secretary, Zwelinzima Vavi 1 minute The South African Federation of Trade Unions (SAFTU) has expressed concerns over the World Bank’s recently approved loan to South Africa. The labour federation has argued that the R26 billion loan will worsen the country’s dependence on foreign creditors. The loan is intended to support structural reforms which are…

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Godongwana relieved as Parliament adopts 2025 Budget

2 minutes Finance Minister Enoch Godongwana has expressed relief that the process of adopting the 2025 Fiscal Framework is now out of his hands. This is after the National Assembly adopted the framework on Wednesday. Godongwana only succeeded in tabling a budget on a third attempt, after discontent over his proposed VAT increase in the…

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Government asked to relax requirements for mining licenses

A sand mine 2 minutes Some concerned truck owners, drivers and brick manufacturers from the Vhembe District are calling on the Department of Mineral Resources to relax requirements to attain mining licenses. They marched to the department in Polokwane in Limpopo to hand over a memorandum of demands. They are accusing the department of orchestrating…

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