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News24Wire

Govt gives green light for shale gas fracking in Karoo

30th March 2017 The government has given the go-ahead for shale gas development in the Karoo region, Mineral Resources Minister Mosebenzi Zwane said on Thursday. He revealed this during a community engagement on shale gas development in Richmond, in the Northern Cape. 

SARB keeps interest rate steady

30th March 2017 South African Reserve Bank (SARB) governor Lesetja Kganyago announced on Thursday that the bank's Monetary Policy Committee (MPC) has decided to leave the interest rate unchanged at its second meeting this year. The repurchase rate, which is the interest rate at which the Sarb lends money to... 

Ford SA expands safety recall to include Fiesta ST

30th March 2017 Ford South Africa on Wednesday announced that it had expanded the safety recall of the 1.6-litre GTDi Ecoboost engine to include the Ford Fiesta ST. This after Ford recalled 4 556 Kuga 1.6l Ecoboost models, produced between December 2012 and February 2014, in January following several reports of... 

Cape Town's drastic plan for affordable housing

29th March 2017 The City of Cape Town wants the whole city to be declared a restructuring zone, which will allow for any suitable land to be used for social housing. It announced on Tuesday that about R101-billion was needed for another 650 000 housing opportunities over the next 20 years. 

Zuma postpones Cabinet meeting

29th March 2017 President Jacob Zuma has postponed the start of Wednesday’s Cabinet meeting “to later this afternoon” to enable members to attend the funeral of struggle stalwart Ahmed Kathrada, the Presidency said. “President Jacob Zuma has again expressed deep sadness and extended his heartfelt condolences to... 

South Africa's drought a 'harvest of dysfunction' – Oxfam

28th March 2017 The ongoing drought has exposed "hazardous shortcomings" in the planning and management of the country’s water resources, according to report by Oxfam SA released on Tuesday. Government officials and politicians calling the drought a "God-given" event, and their palpable relief that rain had... 

Minister moves to calm land reform fears

28th March 2017 Minister of Rural Development and Land Reform Gugile Nkwinti has said the country needs clarity on the ruling party's current stance on land, and that the ANC is still guided by the provisions in the Constitution. Nkwinti held a media briefing in Parliament on Tuesday to update the country on a... 

Zuma court move in Gupta matter fails

28th March 2017 President Jacob Zuma’s legal representatives declined to join proceedings in the matter between Finance Minister Pravin Gordhan and Gupta-owned Oakbay Investments. On Monday Zuma entered the case, which involves 14 companies owned by the Guptas, National Treasury, the Reserve Bank governor, the... 

Cape Town water being treated for harmless compound

28th March 2017 The City of Cape Town is treating its dwindling water supplies for a harmless organic compound that is affecting its smell and taste, it said on Tuesday. Confirming the suspicions of many who had observed changes in the water as dam levels dropped to 27.3%, councillor Xanthea Limberg said the... 

Outrage over Zuma's order to Gordhan, Jonas

27th March 2017 President Jacob Zuma's instruction to Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas to immediately return home from an investor roadshow in the UK and US has raised eyebrows among the opposition and civil society. "The instruction to cancel the international investor roadshow... 

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