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Minister Gigaba summoned to appear before Parliament

  Parliament has summoned Minister of Home Affairs, Malusi Gigaba to appear before its Committee on Tuesday to explain his department’s view for granting a permission to operate a private terminal at OR Tambo International Airport. This follows the Public Protector’s Report that the Minister lied under oath and Constitutional Court …

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Salaries for SABC top three executives

Communications Minister Nomvula Mokonyane has on Thursday revealed in Parliament the remuneration packages of the South African Broadcasting Corporation’s top three executives. Democratic Alliance (DA) Shadow Minister of Communications Phumzile Van Damme described salary revelation of the top three executives as a marginal decrease. “The  Chief Executive Officer, Chief Operating …

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Ramaphosa fires disgraced SARS boss 

President Cyril Ramaphosa has fired suspended Tom Moyane as Commissioner of the South African Revenue Service (SARS} Moyane’s  dismissal on Thursday follows the recommendation made by the SARS Commission chaired by Judge Robert Nugent that immediate action to prevent any further deterioration of our tax administration system. In a letter to Moyane …

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Charges laid against Mkhize over alleged VBS kickbacks

The Democratic Alliance (DA) has laid criminal charges against Minister of Cooperative Governance and Traditional Affairs, Zweli Mkhize. This follows reports that he had allegedly siphoned R2 million ‘donation’ from Vele Investments in 2016 during his tenure as ANC treasurer-general, in return for his help in raising funds from municipalities …

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Isuzu bakkie range is raising the bar

In line with international market and to make it more appealing and popular light commercial vehicle (LCD) than ever, Isuzu bakkie has changed its well-known KB name to D-Max, with high-specifications raising the bar in terms of luxury and quality. D-MAX appear on the range-topping 3.0-Litre LX models, available in …

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Ford invested R11b in South Africa

Ford Motor Company has announced it has invested R11-billion in its South African operations over the past decade, currently employing  more than  4 000 people in South Africa, and supporting about 50 000 indirect jobs within the value chain The carmaker is to date producing 168 000 Ford Ranger pick-up and …

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VBS Mutual Bank faces liquidation

Prudential Authority (PA) confirmed on Tuesday it has applied in the North Gauteng High Court, Pretoria for the final liquidation of VBS Mutual Bank (VBS). Whilst VBS is currently under curatorship following a decision taken by the Minister of Finance on March 10, 2018, the PA is of the view …

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Investment Conference bags R290 billion for SA

The inaugural South Africa Investment Conference has secured nearly R290 billion worth of investment announcements for the country. “This R290 billion is what we have now in our hands and these are in addition to the R400 billion which were received during the investment drive by the special envoys and …

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Tax return deadline looms

Individual taxpayers have until Wednesday to file personal income tax returns before it closes on the day, the South African Revenue Service (Sars) said on Thursday. The deadline, SARS said, applies to non-provisional taxpayers, as well as those provisional taxpayers who opt to file at a branch. Provisional taxpayers using …

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