# Ukraine is scrambling to find money to keep fighting as Russian strikes cripple key industries and drive up the cost of the war. Ukraine spent almost 740-billion-rand on defence in the first nine months of this year, while collecting just over 700-billion-rand in tax revenue. The government says it faces a 935-billion-rand funding including […]
# City Power in Johannesburg kan nie vandag se teiken bevestig vir die herstel van kragonderbrekings in Marshalltown en omstreke nie. Dit volg na ʼn oorvonking by ʼn stroombreker en rook in die toevoerbord-vertrek by Sentraal-substasie tydens gister se poging om kragtoevoer te herstel. Woordvoerder Isaac Mangena sê die substasie is afgesonder terwyl spanne die […]
City Power says it can no longer confirm today’s restoration target for customers affected by outages in Marshalltown and surrounding areas. This follows a flashover on a circuit breaker and smoke in the feeder board room at Central Substation during an attempt to restore power yesterday. Spokesperson Isaac Mangena says the substation has now been […]
# Die minister in die Presidensie, Khumbudzo Ntshavheni, sê alhoewel Suid-Afrika buitelandse kapitaal wil hê, wil hy op tuisgrond prosessering-, vervaardiging- en verwerkingsvermoë bou. Die land het in die tweede kwartaal vanjaar regstreekse invloei van buitelandse beleggings van 49,8-miljard-rand aangeteken. Minister Ntshavheni sê die land se energie-, telekommunikasie- en myn-reëls word deur Suid-Afrikaners volgens die Grondwet […]
# Minister in the Presidency Khumbudzo Ntshavheni says that while South Africa wants foreign capital, it wants it to build processing, beneficiation and manufacturing capacity on home soil. The country recorded 49.8-billion-rand in foreign direct investment inflows during the second quarter of this year. Minister Ntshavheni says the country’s energy, telecommunications and mining rules are made by […]
# Parliament is developing regulations that could give it a say when the National Treasury withholds funds from municipalities. Portfolio Committee on Cooperative Governance and Traditional Affairs chairperson, Zweli Mkhize, says the move follows Treasury’s withholding of equitable shares from 69 municipalities over alleged financial mismanagement and non-compliance with the Municipal Finance Management Act. Mkhize […]
# The African Union is set to launch the Africa Credit Rating Agency in Port Louis, Mauritius, this week. The agency will provide independent, Africa-focused assessments of governments, businesses and institutions. African Peer Review Mechanism Ambassador CEO, Marie Antoinette Rose Quatre, estimates Africa’s market at about 66-trillion-rand, with less than five-percent of financial instruments currently […]
# The Western Cape Department of Infrastructure has signed a five-year collaboration agreement with Africa Skills Village to strengthen artisan training and infrastructure delivery. The partnership will focus on rural districts, small towns and peri-urban areas where accredited training is limited. It will provide workplace exposure, internships, occupational training and recognised qualification pathways. Provincial Infrastructure […]
# Die Parlement werk aan regulasies wat hom inspraak kan gee as die Nasionale Tesourie munisipaliteite se fondse terughou. Die voorsitter van die Portefeuljekomitee oor Samewerkende Regering en Tradisionele Sake, Zweli Mkhize, sê dit volg nadat die Tesourie billike-aandeeltoekennings van 69 munisipaliteite teruggehou het weens beweerde finansiële wanbestuur en die nie-nakoming van die Wet op […]