Limpopo MEC for Finance Kgabo Mahoai 1 minute Limpopo MEC for Finance Kgabo Mahoai has tabled the province’s mid-year Adjustment Appropriation Bill at the Lebowakgomo Legislative Chambers. Funding for all provincial departments have been adjusted upwards from R81 billion to just above R83 billion. Mahoai says Treasury will closely monitor the performance of each of…
Excavator at a construction site. 3 minutes The construction mafia has disrupted over 180 construction projects worth R63 billion since 2019, according to Finance Deputy Minister Ashor Sarupen. On Wednesday, a National Construction Summit was held in Durban where a declaration was signed between the Public Works and Infrastructure Department and stakeholders involved in the…
An illicit mining van of the South African Police Service is pictured in Stilfontein in the North West on 13 November 2024. 2 minutes Members of the South African Police Service (SAPS) and the South African National Defence Force (SANDF) are today expected to start the second phase of an operation to bring to surface…
Compliance inspections conducted at spaza shops. 3 minutes The registration of spaza shops is under way in the Durban Metro. Recently, the President announced a number of measures including the nationwide registration of all spaza shops within 21 days in an effort to deal with the spate of food borne illnesses. This after at least…
1 minute Reserve Bank Governor Lesetja Kganyago says the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points meaning that the prime lending rate decreases to 11.25 percent. It’s the second consecutive rates cut. The move had been widely expected. The bank’s decision comes on the back of a…
South Africa’s Finance Minister Enoch Godongwana speaks during his medium-term budget policy statement in Cape Town, South Africa, November 1, 2023. 1 minute National Treasury has announced plans to withhold grant payments to several municipalities, because of their debt to Water Boards. This after the Department of Water and Sanitation warned that two of the…
A joint operation resulted in the seizure of counterfeit and illicit goods worth R209 750 in the Pretoria Central area on November 19, 2024. 1 minute Justice Minister Thembi Simelane has revealed that law enforcement authorities have imposed fines and confiscated counterfeit goods worth millions in various provinces. This follows the formation of a multidisciplinary…
Expired food items, counterfeit prescription medication, body lotion and other prohibited goods are pictured at a warehouse in Bluff in Durban during a police raid on 20 November 2024. 2 minutes KwaZulu-Natal police say they have intensified operations to detect vessels entering the country that are carrying prohibited items and products. This follows a raid…
1 minute Further relief is anticipated for South African consumers as the Reserve Bank’s Monetary Policy Committee (MPC) is widely expected to announce an interest rate cut this afternoon following its meeting. During its last announcement in September, the central bank decided to reduce the rate by 25 basis points, putting the repo rate at…
Police at the scene of the standoff with illegal miners in Stilfontein. 2 minutes High Court Judge Brenda Neukircher has probed the applicants that have launched an urgent application against the State in the Stilfontein matter on the Margaret Mine Shaft in North West that has been made available by the various Government entities and…
