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22 February 2017
Breaking News
 
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22 Feb 2017
 
 
Eskom and Transnet need to borrow billions more
STATE-OWNED ENTERPRISES
Eskom and Transnet need to borrow billions more than anticipated in 2016, National Treasury revealed in its 2017 Budget Review on Wednesday. Even as Eskom’s financial performance improved in...
Updated 16 minutes ago
 
 
Higher education secures a further R5bn in funding
2017 BUDGET
As the National Treasury allocates a further R5-billion to support financially-strapped students, new ways are being examined to develop a clear roadmap to mitigate the magnitude of the student...
Updated 44 minutes ago
 
 
Government urged not to appeal high court ICC ruling
POLITICS
The Justice and Peace Commission for the Southern African Catholic Bishops’ Conference (SACBC) on Wednesday asked the South African government not to appeal the North Gauteng High Court ruling that...
Updated 58 minutes ago
 
 
Government to proceed with the introduction of a sugar tax
2017 BUDGET
South African consumers of sugar-sweetened drinks are set to feel the impact of the proposed sugar tax later this year as the relevant legislation is finalised for Parliamentary approval. The...
Updated 59 minutes ago
 
 
Justice minister says South Africa still intends to quit the ICC
POLITICS
South Africa's government still plans to withdraw from the International Criminal Court (ICC), Justice Minister Michael Masutha said on Wednesday, after a court ruled that it was unconstitutional...
Updated 59 minutes ago
 
 
Treasury agrees, in principle, to substantial capital injection for SAA
BUDGET 2017
The National Treasury on Wednesday announced it had agreed, in principle, to a substantial capital injection into troubled South African Airways (SAA); however, it could not confirm the amount or...
Updated 59 minutes ago
 
 
Revised Carbon Tax Bill to be tabled by mid-2017
2017 BUDGET
The National Treasury on Wednesday said it expects to provide further clarity on the Carbon Tax after Parliament considers the proposed environmental tax on the emission of carbon dioxide, and its...
Updated 1 hour ago
 
 
Treasury says investor confidence in Sanral improves
2017 BUDGET
Despite ongoing uncertainty surrounding the fee collection for the much-contested e-tolling of certain Gauteng freeways by the South African National Roads Agency Limited (Sanral), the National...
Updated 1 hour ago
 
 
Gordhan weaves growth into radical economic transformation vision
2017 BUDGET
A growing economy makes more rapid transformation possible, Finance Minister Pravin Gordhan argued in a 2017 Budget address set against the backdrop of sluggish economic performance, ongoing...
Updated 1 hour 1 minute ago
 
 
Molefe brings hope to toiling masses says ANCYL
POLITICS
Former Eskom chief executive and soon to be African National Congress (ANC) member of parliament, Brian Molefe, brings hope to the toiling masses, the African National Congress Youth League (ANCYL)...
Updated 1 hour 2 minutes ago
 
 
New top tax bracket emerges amid revenue underperformance
2017 BUDGET
Finance Minister Pravin Gordhan announced a new top personal income bracket of 45% for taxable incomes above R1.5-million in his 2017 Budget address as part of tax proposals designed to raise the...
Updated 1 hour 3 minutes ago
 
 
DA condemns xenophobic violence in Gauteng
VIOLENCE
The Democratic Alliance (DA) on Wednesday condemned the recent xenophobic violence in Gauteng following reports of scheduled attacks and protests. Over the past few weeks, Rosettenville residents...
Updated 1 hour 4 minutes ago
 
 
We are not a government mouthpiece - SABC
POLITICS
The South African Broadcasting Corporation (SABC) says it has never been a mouthpiece of the government of the day, that it has the right to set its own editorial policy, and that it was not biased...
Updated 1 hour 6 minutes ago
 
 
March not aimed at kicking Gordhan out – Nehawu
POLITICS
The National Health Education and Allied Workers' Union's (Nehawu) march to Parliament to hand over a list of demands to Finance Minister Pravin Gordhan has nothing to do with political infighting,...
Updated 2 hours 9 minutes ago
 
 
We won't meet deadline on social grants – Dlamini
GRANTS
Social Development Minister Bathabile Dlamini has insisted that everyone will be paid their grant come April 1, despite telling MPs that her department would not be able to make the deadline on...
Updated 2 hours 55 minutes ago
 
 
 
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