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Gigaba punts financial sector reform

23rd May 2017 Finance Minister Malusi Gigaba on Tuesday said National Treasury would support parliamentary processes aimed at regulating the South African financial sector to make the industry inclusive. “The financial sector plays a critical role in our country, but this must be enhanced to achieve the... 

Gordhan lays into Eskom board over Molefe

23rd May 2017 Former Finance Minister Pravin Gordhan on Tuesday called for the Eskom board to be fired and a full investigation into not only Brian Molefe’s return to the power utility, but his actions in his previous job at Transnet. Gordhan told Parliament’s portfolio committee on public enterprises, of... 

Brown drops opposition to legal challenge to Molefe’s reappointment

23rd May 2017 Public Enterprises Minister Lynne Brown has withdrawn her opposition to the court application for the reappointment of Brian Molefe as CEO of Eskom be set aside. “I will abide by the decision of the court,” Brown told Parliament’s portfolio committee on public enterprises on Tuesday morning. 

Govt officials to receive training on special economic zones in China

22nd May 2017 A group of 34 Special Economic Zones (SEZs) practitioners and supporting sector specialists from the trade and industry department (dti), provincial departments, and agencies responsible for implementation of the SEZ programme leave for Tianjin in China on Monday to attend the 4th capacity... 

DA asks AG to probe unnecessary R81m advance payment to Zuma benefactor

22nd May 2017 Water and Sanitation Minister Nomvula Mokonyane needs to explain why President Jacob Zuma’s close friend Philani Mavundla was allegedly irregularly paid an advance of tens of millions of rand, the Democratic Alliance (DA) said on Sunday. The DA would ask Auditor General (AG) Kimi Makwetu to... 

Parly inquiry into Eskom must include Duduzane Zuma’s ‘fake intelligence report’ – DA

22nd May 2017 The Democratic Alliance (DA) will ask Parliament’s chair of chairs Cedric Frolick to include an investigation into the most recent evidence of possible political interference in Eskom, this time by Duduzane Zuma, in the course of the inquiry the DA has requested. Just over a week ago, the DA... 

SA to start renegotiating nuclear accords next month – Energy Minister

19th May 2017 The South African government will start renegotiating its inter-governmental agreements on nuclear cooperation with five nations, Energy Minister Mmamoloko Kubayi said on Friday. This comes after the government decided last week not to appeal a high court ruling that effectively halted... 

US awards grant to SA renewable energy company

19th May 2017 The US Trade and Development Agency has awarded a grant to Pele Green Energy, a South African independent power developer based in Johannesburg. Wednesday’s grant funds a feasibility study to assess the viability of a 75 MW solar photovoltaic power plant in the Free State province of South... 

Consumer debt to municipalities still at R117bn

18th May 2017 The debt owed to South African municipalities remained stagnant at R117-billion, with national government owing R2.3-billion and provincial departments owing R2.3-billion, Cooperative Governance and Traditional Affairs Minister Des van Rooyen said on Thursday. Briefing journalists ahead of... 

Princess Anne crowns South African conservationist a winner

18th May 2017 HRH The Princess Royal, Princess Anne on Thursday presented a Whitley Award, a prestigious international nature conservation prize worth £35 000 in project funding, to Ian Little at a ceremony at the Royal Geographical Society, London, in honour of his work to protect South Africa’s threatened... 

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