Gauteng Finance MEC Lebogang Maile addresses the business breakfast at the JSE. 2 minutes Gauteng residents have high expectations of the provincial budget speech. This is as Finance and Economic Development MEC Lebogang Maile is set to table the provincial budget and how it will be spent for this financial year. Gauteng residents have high expectations of…
SAA plane at OR Tambo Airport 3 minutes The Board of Airline Representatives of South Africa (BARSA) and several stakeholders in the aviation sector have committed to grow and improve the industry in South Africa. This follows appeals from various industry leaders for the expedited digitalisation of regulations to ensure the smooth movement of both…
Chickens are seen at a poultry farm. 2 minutes Residents of Ga-Mashashane, outside Polokwane in Limpopo, have welcomed the provincial government’s efforts to revive their local community chicken hatchery project. The Mashashane Hatchery, which was once the largest producer of fresh eggs in the region, is now dormant, with part of its infrastructure vandalised. During…
VBS Mutual Bank. 2 minutes Some minority shareholders of the now defunct VBS Mutual Bank have expressed disappointment over the criteria used by the liquidator to pay back the money to verified creditors and retail depositors. The liquidator has recouped more than R600 million so far, with some of the funds being paid back to…
Consumers making online purchase 2 minutes The Office of the Consumer Goods and Services Ombud says efforts are being made to protect consumers’ rights within the online market space. This was revealed by the organisation’s chief executive officer, Queen Munyai during the World Consumer Rights Day commemoration at the University of Mpumalanga’s Mbombela Campus. The…
A Ithala Bank stand at an event. 1 minute The provisional liquidation application by the Reserve Bank’s Prudential Authority against the Ithala finance agency is expected to be heard in the Pietermaritzburg High Court today. Earlier this month, the KwaZulu-Natal government requested a R2.4 billion loan from the National Treasury. In a statement, the provincial…
Minister Enoch Godongwana delivering the Budget Speech two years ago. 2 minutes Finance Minister Enoch Godongwana says the Democratic Alliance (DA) did not submit or present any proposals to him about the budget. Godongwana tabled the 2025 budget in the National Assembly on Wednesday, where he announced a 0.5 percentage point increase in VAT. This,…
An Eskom power station. 2 minutes Energy Expert, Ruse Moleshe says if Eskom can effectively address the issues that have led to recent load shedding, the utility will be well-prepared for the winter season. Her remarks follow Eskom’s failure to maintain over 300 days of uninterrupted power supply last month, due to poor performance at…
Health worker testing a patient 3 minutes Unions have welcomed the proposed budget allocation for the Department of Health. During his Budget Speech on Wednesday, Finance Miniter Enoch Godongwana said health spending will increase from R277 billion to R329 billion by the 2027/2028 financial year. An additional R28.9 billion will go towards retaining the 9…
Hospital ward 2 minutes The South African Medical Association (SAMA) has called on government to reconsider the proposed budget allocations for the healthcare sector. The association argues that the budget is inadequate and will not effectively address the ongoing crisis in the sector. In his Budget Speech on Wednesday, Finance Minister Enoch Godongwana announced an…
