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Breakthrough in payment of social grants

The Inter-Ministerial Committee (IMC) on Comprehensive Social Security has announced that government will fast-track the introduction of an integrated payment system for the payment of social grants. Minister in the Presidency responsible for Planning, Monitoring and Evaluation Jeff Radebe, who was appointed as the chair of the IMC by President …

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Eskom paid R1, 2 million per breakfast event, the Committee was told

Portfoio Committee on Public Enterprises heard on Tuesday there was turmoil within Eskom Board members over a range of governance issues, more expecially around procurement. Briefing the Committee in Parliament during the inquiry to probe mismanagement of funds at the state-owned parastatal, former Eskom CEO Tshidiso Matona said when he …

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DA welcomes a commission of inquiry into Sars

Democratic Alliance has welcomed Finance Minister Malusi Gigaba’s announcement on Tuesday that President Jacob Zuma will appoint a Commission of Inquiry to investigate alleged contraventions and maladministration at the South African Revenue Service (Sars). DA Shadow Deputy Minister of Finance Alf Lees said although issues were not new and that they …

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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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