Outside the North Gauteng High Court in Pretoria. The Pretoria High Court has struck off an urgent court roll case brought by the dissolved South African Tourism board against Minister Patricia de Lille. The ousted board had approached the court on an urgent basis, seeking to be reinstated following De Lille’s decision to dissolve it…
Uncut diamonds from southern Africa and Canada are seen at De Beers headquarters in London, Britain, January 17, 2011. Namibia’s central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn, marked by falling demand and a…
City Power Office Johannesburg City Power says it’s working on resolving a R1 billion backlog it owes contractors. The payment dispute has led to disruptions to City Power operations as contractors staged a protest to demand payments. In a statement released by City Power, Isaac Mangena confirms that they have a backlog that is sitting at…
SABC building in Auckland Park. South African Broadcasting Corporation (SABC) Human Resources Group Executive, Rachel Masuku, says a restructure at the public broadcaster’s sales division may lead to possible retrenchments. Masuku was speaking in an interview regarding salary negotiations at the corporation. “As part of the efficiencies that we are trying to introduce, in the way we do…
Small Business Development Minister Stella Ndabeni. The Minister for Small Business Development, Stella Ndabeni, says the national government will implement several interventions to re-industrialise the economy of the North West to drive job creation. Ndabeni made these remarks during the handover of the Mahikeng Digital Innovation Hub. The North West is the province with the…
Badge of the South African Police Service. The Police and Prisons Civil Rights Union (POPCRU) has raised concern over unexplained pension fund reduction that its members have reported. POPCRU says its members have reported a drop in their balances in their Government Employees Pension Fund (GEPF) statements for the period from July to September. The…
The fourth G20 Finance Ministers and Central Bank Governors meeting in Washington DC. South African Reserve Bank Governor Lesetja Kganyago says South Africa has focused on cross-border payments during its G20 Presidency. In the financial transactions, the sender and receiver are in different countries. The payments can involve different currencies and must navigate various regulations…
The SABC News Television building. The Auditor-General (AG) has painted a worrying picture of the SABC’s financial health. This is despite receiving a second consecutive unqualified audit. The AG has raised concerns over cash flow, revenue targets and a high rate of TV licence non-compliance. It presented audit outcomes for the financial year ending March 2025 to…
SANParks says 74% of its total revenue comes from tourism. South African National Parks (SANParks) has reported an 11% revenue increase for the 2024/25 financial year from R3.6 billion to R4.1 billion. This is the first time that the entity has surpassed the R4 billion mark. SANParks says 74% of its total revenue comes from tourism. …
The Eastern Cape provincial government has issued a warning about a scam involving individuals who impersonate government officials in the supply chain management sector. The provincial government says the scammers demand money in exchange for tender opportunities at the office of the premier. Provincial government spokesperson Khuselwa Rantjie says it is alleged that contacts are…
