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Acsa more than doubles profit

[File Photo]: Aeroplanes at O.R. Tambo International Airport. The Airports Company South Africa (Acsa) has more than doubled its profit after tax from R472 million to R1.1 billion in the 2024/25 financial year. The financial performance will boost investor confidence and shows the state-owned company is firmly out of the COVID-19 slump. Acsa CEO Mpumi…

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Kannaland’s finances could be fixed within next five years

Bank notes and coins. The Western Cape government says a Financial Recovery Plan (FRP) for the embattled Kannaland Municipality in the Little Karoo will strengthen service delivery for residents. The municipality has been placed under administration by the Western Cape government. It has been plagued by alleged financial mismanagement. Provincial Finance Minister, Deidré Baartman, says…

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