November 01, 2023
South Africa: State-Owned Enterprises' Financial Health Remains 'Poor' #MTBPS2023
The Medium Term Budget Policy Statement (MTBPS) has revealed how South Africa's weak growth combined with arduous debt repayment obligations and other factors continue to affect… Read more »
South Africa: Reforms Can Enhance GDP #MTBPS2023
Finance Minister Enoch Godongwana says the Medium Term Budget Policy Statement (MTBPS) prioritises reforms aimed at enhancing the growth of the Gross Domestic Product (GDP). Read more »
South Africa: Govt Forges Ahead With Restructuring the State #MTBPS2023
Work is underway to reconfigure the structure and size of the State as part of government's efforts to improve the efficiency and effectiveness of public spending. Read more »
South Africa: Govt Addressing Deficiencies That Led to Grey Listing #MTBPS2023
Government is working hard to address deficiencies in the fight against organised crime and illegal financial flows, says Minister of Finance Enoch Godongwana. Read more »
South Africa: Municipalities Apply for Eskom Debt Relief #MTBPS2023
More than 60 municipalities who owe Eskom for unpaid bulk electricity services have applied for government's debt relief arrangement. Read more »
South Africa: Covid-19 Social Grant Extended Until 2025 #MTBPS2023
Government has extended the COVID-19 Social Relief of Distress Grant (SRD Grant) until March 2025 while it considers social security policy reforms and a funding model. Read more »
South Africa: Rising Govt Debt Servicing Hinders Social Spending #MTBPS2023
The servicing of government's rising debt is "crowding out" social spending in the country, says Finance Minister Enoch Godongwana. Read more »
South Africa: Funds Allocated for Future Climate Disasters #MTBPS2023
To cater for the growing pressures imposed by climate change on infrastructure, especially at the local level, government has created a resource pool to specifically respond to… Read more »
South Africa: Govt to Support Energy Transition in Automotive Sector #MTBPS2023
Government plans to implement tax and expenditure measures to support the automotive sector to transition to a low carbon economy. Read more »
South Africa: Revenue Collection Projected to Decline #MTBPS2023
Revenue collection is expected to fall by some R56 billion below the 2023 Budget predictions, according to the National Treasury Medium Term Budget Policy Statement (MTBPS). Read more »
October 31, 2023
South Africa: First Day of Matric Exams Goes Well in Gauteng
Gauteng Education MEC Matome Chiloane is pleased that the first day of the 2023 National Senior Certificate (NSC) examinations, which began on Monday, went well in the province. Read more »
November 01, 2023
South Africa: Call for a Realistic 2023 MTBPS
North-West University Business School Professor Raymond Parsons has called for a realistic and sound Medium-Term Budget Policy Statement (MTBPS), given the additional fiscal and… Read more »
October 31, 2023
South Africa: Kolisi Dedicates World Cup Win to All South Africans
With the melting pot of different cultures in the Springbok team, Captain Siya Kolisi has attributed winning the 2023 Rugby World Cup to the champions working together in pursuit… Read more »
South Africa: TP Nchocho Appointed as Ports Authority Board Chair
The Industrial Development Corporation's outgoing CEO, Tshokolo Nchocho, has been appointed as chairperson of the board of directors of the Transnet National Ports Authority… Read more »
South Africa: Four Suspected Robbers Killed On N4 During Shootout With Police
Four cash in transit (CIT) robbers were fatally wounded in a shootout with law enforcement agencies in Mmakau in the North West province on Monday afternoon. Read more »
South Africa: Sassa Gold Cards Remain Valid in December and Beyond - Postbank
Postbank has announced that South African Social Security Agency (SASSA) gold cards will continue to be valid in December and in the months beyond that. Read more »
South Africa: Johannesburg City Power to Take Over Load Shedding Operations in Supply Areas
City Power is expected to take over control of the load shedding operations for most of the areas it supplies effective from Monday, 6 November 2023. Read more »
October 30, 2023
South Africa: Govt Partners With Business to Tackle Economic Challenges - Ramaphosa
Government has established a partnership with business to work together in four critical areas, including energy, logistics, crime and corruption, and employment to give impetus to… Read more »
South Africa: Ramaphosa Declares Public Holiday to Celebrate Rugby Team Victory
President Cyril Ramaphosa has declared the 15th of December 2023 as a public holiday in celebration of the Springboks' momentous achievement at the 2023 Rugby World Cup in Paris,… Read more »
South Africa: Eskom Implements Load Shedding
Eskom has implemented Stage 2 load shedding in a bid to replenish emergency reserves ahead of the colder weather expected this week. Read more »
South Africa: Warning Against Circulating Harmful Information
The Department of Communications and Digital Technologies (DCDT) has warned the public against sharing a message that is circulating and promising free data. Read more »
South Africa: Petrol Price Set to Decrease By R1.78
Cash-strapped motorists will breathe a sigh of relief at the pumps on Wednesday as the price of petrol is set to come down by R1.78 a litre. Read more »
South Africa: Parliament Heaps Praise On the Springboks
Parliament has sent a congratulatory message to the Springboks for their record setting win against New Zealand in the Rugby World Cup final. Read more »
South Africa: Class of 2023 Sit for Their First Paper
With the start of the National Senior Certificate examinations today, Minister in The Presidency Khumbudzo Ntshavheni, has expressed confidence in the work done by the Department… Read more »
South Africa: Springboks Win Is a Symbol of SA's Journey to Nationhood
The Springboks' nail biting victory over New Zealand carries far greater meaning and symbolism for South Africans than just a sporting achievement. Read more »