Budget: Transnet’s procurement policies dysfunctional
Transnet’s procurement governance and controls are described as “broken down” in the budget review released together with finance minister Tito Mboweni’s budget speech.
Mboweni has to be brave when it comes to Eskom lifeline – economists.
The main expectation on finance minister Tito Mboweni as he tables his first national budget on Wednesday is a matter of unanimity but a daunting task given the country's balance sheet and credit rating prospects – he has to throw a lifeline to embattled national power utility Eskom before it goes bankrupt in April.
Budget: Funding focus on national roads
While the government will spend more on national roads it is cutting expenditure on the provincial road system.
‘SA has run out of time’ – Busa
Business Unity South Africa (Busa) has expressed disappointment at the lack of bold steps in finance minister Tito Mboweni’s Budget to contain government debt and ensure South Africa retains its remaining investment
grade sovereign credit rating.
Details emerge about sinking of fishing vessel
The South African Maritime Safety Authority (Samsa) has confirmed the sinking of a fishing vessel, the Ankoveld, off the west coast of the Western Cape near Saldanha Bay and the successful rescue of its 10-member crew early on Saturday morning.
Part of Jo’burg M2 to be closed for eight months
The M2 highway between Crown Interchange and Maritzburg Street will be closed from February 28 to October 31 this year to allow for full rehabilitation of the Selby and Kaserne bridges.
SAA’s turnaround strategy ‘on track’ despite massive fine
Questions have arisen again around South African Airways’ (SAA) ability to turn its financial fortunes around after it was ordered by the Supreme Court of Appeal (SCA) to pay R1.1 billion to competitor Comair.
Car manufacturer launches new plant
Isuzu South Africa has officially launched its new R27-million consolidated truck and bakkie manufacturing plant in Struandale, Port Elizabeth.
