Land Bank Insurance Company pilots index insurance in South Africa

Source: Land Bank. Over the next two years, Land Bank Insurance Company (LBIC) will pilot index insurance in South Africa targeting smallholder producers to provide affordable drought-risk insurance for both crop and livestock farmers. Index insurance products have proven to be a cost-efficient and administratively effective way to insure smallholder and semi-commercial farmers. Under these…

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‘ED jumped the gun on Moza elections’

Citizens Coalition for Change (CCC) spokesperson Promise Mkwananzi PRESIDENT Emmerson Mnangagwa may have discredited the credibility of the Southern African Development Community (Sadc) after he rushed to endorse Mozambique’s disputed elections before the final results are announced, critics have said. Mnangagwa on Tuesday congratulated Front for the Liberation of Mozambique (Frelimo) presidential candidate Daniel Chapo…

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Political parties divided on Fiscal Framework report adoption

NA Speaker Thoko Didiza 2 minutes Several political parties have requested National Assembly Speaker Thoko Didiza to withdraw the Fiscal Framework and Revenue Proposals report of the Standing Committee on Finance. The report was adopted by the majority of members in the committee last night. It was adopted with recommendations by ActionSA, that Treasury must…

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Sport department advances R5 million to SAFA

SAFA House in Nasrec, Johannesburg. 1 minute Following reports that the South African Football Association (SAFA) is cash-strapped and cannot pay players’ salaries ahead of the festive season, the Department of Sport, Arts and Culture has decided to advance the federation with R5 million. Minister Gayton McKenzie wrote to SAFA to offer the advance with…

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MK Party wins first ward in a by-election in eThekwini

1 minute The uMkhonto we Sizwe Party (MK) has won its first ward in the eThekwini Metropolitan Municipality in KwaZulu-Natal. This after the party defeated the Democratic Alliance(DA) in a by-election that was held in Mount Moriah, Sunningdale, under ward 110 yesterday. The DA previously ran the ward which is in northern Durban. The position…

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