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Garden Route Dam spillway on track for completion

12th July 2019 Construction on the raising of the Garden Route Dam spillway is on track and is expected to be completed within ten months, George Municipality said in a statement on Friday.  Construction of the spillway kicked off in May and the old concrete spillway was demolished and a new drainage channel... 

Nzimande promises R1bn in bursaries to poor students

12th July 2019 The national bursary scheme for students from families earning up to R350 000 a year will see R102.4-billion disbursed over the next three years, Higher Education, Science and Technology Minister Blade Nzimande said on Friday.  

DA demands answers about 'go-slow' at Transnet's Ngqura port

12th July 2019 The main opposition Democratic Alliance said on Friday it would seek an urgent update from State-owned freight and rail company Transnet on a protracted "go-slow" strike at its Ngqura port. Workers have staged the protest action at the Ngqura container terminal for 13 days in a show of... 

China Development Bank loan on track, says Eskom's Mabuza

11th July 2019 Eskom's loan from the China Development Bank (CDB) appeared secure following talks in recent days, Eskom chairman Jabu Mabuza said on Thursday. "We have met with CDB and we were updated. They had a lot of questions," he told a media briefing ahead of Public Enterprises Minister Pravin Gordhan's... 

Mboweni promises contingency reserve funds for SAA, SABC, Denel

11th July 2019 Finance Minister Tito Mboweni on Thursday said he would allocate funding from the contingency reserve to shore up South African Airways, the South African Broadcasting Corporation and Denel but warned that the handouts should not be considered a "blank cheque".  Mboweni promised the lifelines to... 

Forensic audit into sale of SA fuel stocks complete – Mantashe

11th July 2019 A forensic probe into the selling off of South Africa's strategic fuel stocks was complete, Mineral Resources and Energy Minister Gwede Mantashe said on Thursday. Tabling the energy department's budget vote, Mantashe said: "The forensic audit into the developments at the SFF [Strategic Fuel Fund]... 

Solidarity calls for intervention in AMSA looming retrenchments

11th July 2019 Trade union Solidarity on Thursday said that it regrets the retrenchment crisis at ArcelorMittal South Africa (AMSA), warning that if key players in the steel industry do not intervene urgently, these retrenchments may be the first of many to follow. Multinational steel manufacturing company AMSA... 

Dirco to focus on facilitating more foreign direct investment to South Africa

11th July 2019 International Relations and Cooperation Minister Naledi Pandor on Thursday said her department’s mission for the current financial year is expected to focus more on economic diplomacy, facilitating more foreign direct investment in support of the President Cyril Ramaphosa’s drive to attract... 

Cabinet okays NHI Bill for tabling in Parliament

11th July 2019 Cabinet has approved the National Health Insurance Bill for tabling in Parliament, Minister in the Presidency Jackson Mthembu said on Thursday. Mthembu said the inputs received from the 2018 three month consultation process have been included in the latest version of the bill.  

BEE commission says MTN scheme contrary to objectives of empowerment law

11th July 2019 South Africa's Broad-based Black Economic Empowement (B-BBEE) Commission said on Thursday a probe initiated in 2017 into mobile communications company MTN's Zakhele-Futhi scheme had found it to be contrary to the objectives of the B-BBEE Act. In a statement, the commission said it had issued... 

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