Auditor General Tsakani Maluleke. 4 minutes The office of the Auditor General says it has formally issued audit opinions of material irregularities to four municipalities for late submission of financial statements for 2023/2024 financial year. Earlier, AG Tsakani Maluleke wrote to the Speaker of the National Assembly Thoko Didiza requesting her to use her legislative…
MEC Lebogang Maile speaking at a government engagement. 1 minute Finance and Economic Development MEC Lebogang Maile has tabled a half a trillion rand budget over three years for the Gauteng provincial government. He announced this during his 2025 Budget Speech in the Gauteng Legislature in Johannesburg today. Gauteng Education Department received the biggest allocation…
File Image: COSATU members protest joblessness. 2 minutes The Congress of South African Trade Unions (COSATU) in the North West is leading a picket today at the provincial legislature, against austerity measures. This protest comes ahead of the provincial government’s budget speech. The union is urging the government to address issues relating to service delivery…
1 minute The North West MEC for Finance, Kenetswe Mosenogi, delivers the 2025/26 budget at the provincial legislature. This is the first budget for the 7th provincial administration following last year’s elections. LIVE:
South African R100 notes. 3 minutes Free State Treasury has set aside R45 billion for the 2025/2026 financial year. The biggest chunk has gone to Education with R18 billion of that allocation followed by health which has been allocated R14 billion. The health department has also been allocated a conditional grant of R3,9 billion to…
1 minute Kenny Fihla has been appointed as the new Absa CEO. Fihla, who serves as Standard Bank Group Deputy Chief Executive and CEO of Standard Bank South Africa, resigned from all his executive positions with effect from June 13. Absa says Fihla’s appointment is effective from July 17, subject to regulatory approval. Charles Russon has…
Wooden dices showing drop in percentage 1 minute A survey conducted by the Bureau for Economic Research among analysts, trade unions and businesses indicates that they expect consumer inflation to average 4.3% this year. This means that consumer inflation is expected to remain contained at the midpoint of the Reserve Bank’s target range over the…
A Ithala Bank stand at an event 3 minutes The legal team of Ithala SOC Limited has argued in the Labour Court in Durban that freezing the bank’s accounts was a deliberate systematic collapse of the bank. This emerged in court during the application for leave to appeal brought by the Repayment Administrator on behalf…
Video Thumbnail: Gauteng MEC Lebogang Maile presents the Gauteng Provincial Budget 1 minute Gauteng Finance and Economic Development MEC Lebogang Maile presents the provincial budget. LIVE STREAM:
Illegal electricity connection cables. 2 minutes The SA Local Government Association (SALGA) has warned that the recently approved electricity tariff increases might lead to illegal connections in different communities. The National Energy Regulator (NERSA) has approved Eskom’s 12.74 % tariff increase for direct customers and 11.32% for municipalities. The increase for direct customers will take…
