McKinsey to pay SA R1.1bn for its role in State capture
By: Thabi Shomolekae Updated 6 minutes ago The National Prosecuting Authority (NPA) announced that it has successfully concluded dispute resolution with McKinsey South Africa, in which... →
Senior National Treasury official Lekhethe appointed to lead IDC
By: Terence Creamer Updated 25 minutes ago Cabinet has approved the appointment of Mmakgoshi Lekhethe, a senior official from the National Treasury, as the first woman CEO of the State-owned... →
Gauteng water crisis won’t be solved without infrastructure and demand interventions
By: Natasha Odendaal 6th December 2024 Gauteng, South Africa’s most populous province and economic hub, eagerly anticipates a significant inflow of additional water in 2028 from the... →
GOOD Party welcomes resignation of George deputy mayor
By: Thabi Shomolekae 5th December 2024 The GOOD Party on Thursday welcomed the resignation of George Municipality Deputy Mayor Raybin Figland, following the motion of no confidence it... →
Libya's central bank to print 30-billion dinars to ease liquidity shortage
By: Reuters 5th December 2024 The Central Bank of Libya said on Thursday it had contracted British banknote printer De La Rue to print 30-billion dinars ($6.250-billion) in... →
Cape Town makes significant gains in taking over PRASA service 
By: Irma Venter 5th December 2024 The City of Cape Town (CoCT) says it will have business plans in place by the middle of next year to take over the management of passenger rail... →
DA calls for swift investigation of suspended Sassa CEO, who is on full pay
By: Thabi Shomolekae 5th December 2024 The Democratic Alliance on Thursday said the investigation into South African Social Security Agency CEO Busisiwe Memela-Khambula must be rapid,... →
Italy and African Development Bank sign $420 million co-financing deal
By: Reuters 5th December 2024 Italian state lender CDP and the African Development Bank signed on Thursday a co-financing deal worth 400-million euros ($420-million) to promote... →
Presidency clarifies visa application process for Nigerian nationals
By: Thabi Shomolekae 5th December 2024 The Presidency has clarified a misunderstanding from President Cyril Ramaphosa’s opening remarks at the South Africa-Nigeria Bi-National Commission... →
Mines urged to fill renewables gaps with green electrons from on-site waste heat
By: Martin Creamer 5th December 2024 Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons... →
South Africa's current account deficit broadly unchanged in Q3
By: Reuters 5th December 2024 South Africa's current account deficit was broadly unchanged from the second to the third quarter of this year, staying at 1.0% of gross domestic... →
South African Airways cancels some flights as pilots go on strike
By: Reuters 5th December 2024 South African Airways said it had cancelled flights to Perth and Sao Paulo on Thursday after receiving confirmation from the SAA Pilots Association... →
World Bank report says eradicating structural inequalities key to opportunities for sub-Saharan Africa
By: Thabi Shomolekae 5th December 2024 Co-author of a new World Bank report Gabriela Inchauste has pointed out that by tackling structural inequalities, sub-Saharan Africa has the... →
