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Ailing SAA under spotlight

Democratic Alliance (DA) has referred controversy whether to safe or shut down loss making South African Airways (SAA) to Parliament. While Finance Minister Tito Mboweni has called for the government to ground the airline, saying “[SAA] is in a loss-making situation and it is unlikely it will sort the problem out so we …

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Deadline looms for 2019 NSFAS applications

The National Student Financial Aid Scheme (NSFAS) has called on all learners, who have not yet applied for 2019 financial aid, to submit their online applications before the closing date. Students have less than 30 days left to submit their 2019 funding applications. Applications will close officially on 30 November …

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 Zuma Legal Fees review

Democratic Alliance (DA) Federal Executive Chairperson, James Selfe, will today attend the North Gauteng High Court for the review agreements  between the Presidency and Jacob Zuma with respect to legal costs brought about by him for his criminal indictment. In March this year, the DA filed papers requesting the court …

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Moyane’s admin reflected badly on Sars, says Commission

President Cyril Ramaphosa had no option but to fire suspended South African Revenue Service (Sars) Commissioner Tom Moyane, the Standing Committee on Finance said on Friday during a review meeting of the Medium Term Budget Policy Statement. The Committee said “We found in our own experience” Moyane’s management and allegations …

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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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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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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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