ACSA Board orders forensic probe into procurement irregularities

[File photo] Aeroplanes at O.R. Tambo International Airport 1 minute The Board of the Airports Company South Africa (ACSA) has launched a forensic investigation into alleged procurement irregularities. An independent firm will be appointed to conduct the probe, while the Auditor-General of South Africa (AGSA) has been requested to review the matter. The Airports Company…

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Pilchards, maize, eggs get cheaper: Competition Commission Report

2 minutes Prices of canned pilchards, maize and eggs have come down, while sunflower oil remains at its highest since 2021. According to the Competition Commission Essential Food Price Monitoring Report, which tracks selected food prices throughout the value chains, some food prices have started falling, albeit modestly. The commission says this is a positive…

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Inflation targeting relieves SA’s economic crisis: Kganyago

Reserve Bank Governor Lesetja Kganyago. 1 minute Reserve Bank Governor, Lesetja Kganyago, has defended the bank’s inflation targeting, saying it has served the South African economy well. He has also strongly argued that the current 3% to 6% six inflation targeting should be lowered. Kganyago says since the adoption of inflation targeting 25 years ago,…

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Gautrain looking at different ways to grow its commuter base

The Gautrain, Marlboro station 1 minute The Gautrain Management Agency is looking at different ways to make its service more affordable to the public. This is in response to declining commuter numbers, which the agency ascribes to the work-from-home and hybrid models that companies implemented during COVID-19. The agency says it is also considering extending…

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ANC reaches out to BOSA in bid to secure crucial budget votes

The Standing Committee on Appropriations Chairperson and BOSA leader, Mmusi Maimane delivers pre-budget remarks at Parliament in Cape Town on March 10, 2025. 2 minutes Build One South Africa (BOSA) has confirmed that the African National Congress (ANC) has approached the party to request a meeting on the national budget, which Parliament is set to…

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Western Cape Finance Minister to table Budget today

The Western Cape Minister of Finance, Deidré Baartman speaks at the Provincial Budget and Governance Forum in Swellendam on December 9, 2024. 1 minute The Western Cape Minister of Finance, Deidré Baartman, is expected to table the 2025/26 Provincial Budget this morning. The budget will be tabled amid significant fiscal constraints, as national finances remain…

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