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…
Minister Enoch Godongwana delivering the Budget Speech two years ago. 2 minutes Finance Minister Enoch Godongwana says increases may not be the ideal measure but it is an attempt to bring much needed improvement in the delivery of frontline services like health and education. Treasury appeared before the four finance committees of Parliament where MPs…
A woman uses a trolley as she shops at a Pick n Pay store at the Dobson Point Shopping Centre, in Soweto, South Africa, March 19, 2024. 1 minute The Pietermaritzburg Economic Justice and Dignity Group, which advocates for prices of food to be affordable, has welcomed the decision by Finance Minister Enoch Godongwana to…
File Image: Social grant recipients stand in a queue outside a post office. 1 minute Social grant activist Elizabeth Raiters has accused the government of continually kicking the promise of a basic income grant down the road and not making a solid commitment to the idea. This follows the tabling of the budget by Finance…
1 minute Science, Technology and Innovation minister Prof. Blade Nzimande hosts the inaugural National System of Innovation Transformation Summit. Historically, the apartheid regime used science as part of the oppressive state apparatus to exclude and entrench the underdevelopment of the black majority. LIVE STREAM:
4 minutes Tech stocks led advances in Asia on Thursday, taking their cue from Wall Street’s gains after tepid inflation data allayed concerns over the state of the US economy. US Treasury yields remained elevated after pulling further away from recent lows the day before, on escalating tit-for-tat tariff battles between the United States and trading…
1 minute Finance Minister Enoch Godongwana appears before Parliament’s finance-related committees to clarify details of the budget he presented on Wednesday. This session will provide Members of Parliament (MPs) with the opportunity to ask questions and seek further insights into the budget. LIVE STREAM:
Cosatu member holds up a placard against tax 2 minutes Some economists say the increase in Value Added Tax (VAT) will over-burden already struggling households. Finance Minister Enoch Godongwana announced a 1 percentage point VAT hike over two years with the first increase of half a percentage point expected in May. Another increase will be…
