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22 October 2014
Breaking News
 
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22 Oct 2014
 
 
MTBPS - A turning point has been reached
MEDIUM-TERM BUDGET POLICY STATEMENT
In the Medium-Term Budget Policy Statement Finance Minister Nhlanhla Nene has outlined concrete plans to consolidate South Africa’s pubic finances and restore macroeconomic balances. The proposed...
 
 
South Africa's Abil to re-list early next year – Nene
AFRICAN BANK
Failed South African lender African Bank Investments (Abil) is likely to re-list on the stock exchange early next year, and its government supervision will be concluded without the use of taxpayer...
 
 
Drugmakers to join forces to make millions of Ebola vaccine doses
Ebola vaccine
Leading drugmakers plan to work together to accelerate development of an Ebola vaccine and produce millions of doses of the most effective experimental product for use next year. Johnson & Johnson...
 
 
Cuban doctors arrive in Liberia to fight Ebola alongside US troops
EBOLA OUTBREAK
A plane carrying some 50 Cuban doctors and nurses arrived in Liberia on Wednesday to help treat victims of Ebola in the West African country, where a US military mission is also deploying to fight...
 
 
Eskom to receive R20bn injection, but no other SoC bailouts
BUDGET
Finance Minister Nhlanhla Nene confirmed a further direct allocation to power utility Eskom of at least R20-billion. But he also stressed on Wednesday that the injection would have no impact on the...
 
 
Govt to table procurement review in November
PROCUREMENT
Government’s plans for reining in the country’s public procurement would be outlined in the Public Procurement Review, which will be published next month. Finance Minister Nhlanhla Nene told...
 
 
Treasury freezes public positions to curb expenditure
PUBLIC WAGES
National Treasury this week froze the public personnel headcount and embarked on a review of funded vacancies in an effort to curb State spending and re-establish a sustainable foundation for the...
 
 
‘Fastest-growing’ programmes to be fast-tracked, as expenditure ceiling is cut
INFRASTRUCTURE
Government aimed to fast-track certain “fast-growing” infrastructure programmes, despite cutting back on expenditure over the next few years, the 2014 Medium-Term Budget Policy Statement (MTBPS)...
 
 
 
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