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SAA in talks about strategic equity partner

South African Airways (SAA) is looking at getting a strategic equity partner to provide capital for the airline, says Finance Minister Malusi Gigaba. “We will continue to have discussions about the strategic equity partner for SAA because ultimately we are going to need not only private sector capital but also …

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SARS tax administration inquiry to be established

A Commission of Inquiry into the tax administration and governance of the South African Revenue Service (SARS) will soon be established. “It is critical for government to determine the cause of the tax revenue under-collection in order to enable government to take urgent remedial steps to ensure that SARS is …

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Road safety not negotiable, obey the law

Transport Minister Joe Maswanganyi has called on all South Africans, motorists and pedestrians to be cautious when using the road. The Minister has directed law enforcement officers to arrest all transgressors indiscriminately. Minister Maswanganyi has reminded all South Africans that road safety is not negotiable and that it is everyone’s …

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National Treasury hiding the true cost of SAA renewed loans

The National Treasury appears to be attempting to hide the true cost of South African Airways (SAA) latest bailout with its response to the Democratic Alliance’s (DA)  for details of interest rates charged on renewed loans to SAA, DA Shadow Deputy Minister of Finance  Alf Lees said in a statement …

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Parliament Standing Committee on Finance is requesting a copy of the disciplinary enquiry report on Makwakwa

Parliament Standing Committee on Finance has requested a copy of disciplinary enquiry report on South African Revenue Services (Sars) employees Jonas Makwakwa and Kelly-Anne Elskie whose suspensions which lasted for a year was recently lifted. On September 15, 2016 Financial Intelligence Centre had alerted Sars Commissioner Tom Moyane that Makwakwa …

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DA to report Gupta’s Bank of Baroda accounts to Indian Reserve Bank

The Democratic Alliance says it will write to the Governor of the Reserve Bank of India (RBI), Urjit Patel, in terms of Section 36 of the Banking Regulation Act of India to report the Guptas’ accounts with the Bank of Baroda. DA Shadow Minister of Public Enterprises Natasha Mazzone said …

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Cabinet approves National Minimum Wage

Cabinet has approved the National Minimum Wage Bill, Basic Conditions of Employment Amendment Bill and Labour Relations Amendment Bill. These bills will now be submitted to the National Assembly and National Council of Provinces for concurrence and enactment. In February 2017, representatives from government, business, labour and the community sector …

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Dlamini, give Sapo a chance to distribute social grants, says EFF

The Economic Freedom Fighters (EFF) has rejected Minister of Social Development Bathabile Dlamini’s refusal to give the South Africa Post Office (Sapo) opportunity to distribute social grants as despicable behavior, bent on bringing back corrupt Cash Payment Services (CPS) “in a back door.” EFF National Spokesperson Mbuyiseni Ndlozi said in …

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Cases delayed : Public Protector to meet DA

The Democratic Alliance (DA) has requested a formal meeting with the Public Protector, Advocate Busisiwe Mkhwebane to discuss a host of wrong doing, implicating government departments and entities, reported to her office for investigation and to establish the circumstances leading to the delay since she was constitutionally mandated to attend …

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Zuma wants Public Protector’s remedial actions be set aside

Democratic Alliance (DA)  has submitted supplementary heads of argument in North  Gauteng High Court on Tuesday following President Jacob Zuma’s last-minute withdrawal of the remittal relief, requesting the Public Protectors remedial actions in her ‘State of Capture’ report be set aside, but without any further investigation by the office. The …

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