# The Independent Communications Authority of South Africa has launched an investigation into allegations that Elon Musk’s Starlink internet-satellite service is operating in the country illegally. Government has gazetted relaxed B-BBEE licensing requirements for satellite service companies. The proposed policy direction provides alternatives to pave the way for Starlink to operate in the country. Icasa […]
# Die nywerheidsvakbond GIWUSA het ‘n beroep op die Suid-Afrikaanse Reserwebank gedoen om die rentekoers drasties te verlaag. Suid-Afrika se huidige terugkoopkoers bly 7,5-persent nadat die Reserwebank by sy beleidsvergadering in Maart besluit het om sy rentekoers onveranderd te laat. Dié besluit volg na drie opeenvolgende 25-basispunt verlagings. Die prima-uitleenkoers vir handelsbanke is elf-persent. Die […]
# Die GOOD-party het die wysigings aan die Stad Kaapstad se konsepbegroting verwelkom. Anton Louw van die party sê weens openbare druk tydens die aanvanklike kommentaar-tydperk, sluit die gewysigde begroting verligting in vir sommige inwoners. Hy sê dit sluit in dat die kortingdrumpel vir pensioenarisse van 22-duisend-rand tot 27-duisend-rand verhoog is, en vaste waterkoste vir […]
# Die Ouditeur-generaal, Tsakani Maluleke, sê die stand van finansiële en prestasiebestuur-dissiplines in plaaslike regering laat veel te wense oor. Plaaslike regering het die afgelope drie jaar 17,6-miljard-rand verloor weens vrugtelose en verkwistende besteding. Die ouditeur-generaal het bevind slegs 41 uit 257 rade het in die 2023/2024-boekjaar ʼn skoon oudit ontvang. Maluleki het aan die […]
# Die Amerikaanse Internasionale Handelshof het bevind president Donald Trump het sy gesag oorskry deur omvattende, globale tariewe op invoere in te stel. Die paneel van drie regters in New York sê die Wet op Internasionale Ekonomiese Nood-magte van 1977 wat Trump aanhaal om die tariewe te regverdig, gee hom nie mag om dit in […]
# The General Industries Workers Union of South Africa is calling on the South African Reserve Bank to drastically cut the interest rate. South Africa’s current repo rate remains at 7.5-percent, after SARB chose to keep rates unchanged at its March Monetary Policy Committee meeting. This decision followed three consecutive 25-basis-point cuts. The prime lending […]
# The GOOD Party has welcomed the released amendments to the City of Cape Town’s draft budget. The party’s, Anton Louw, says as a result of public pressure during the initial comment period, the amended budget includes tangible relief for some residents. He says these include the pensioner rates rebate threshold raised from 22-thousand-rand to […]
# Auditor-General Tsakani Maluleke says the state of financial and performance management disciplines in local government leaves much to be desired. Local government has lost 17.6-billion-rand over the past three years to fruitless and wasteful expenditure. The Auditor-General found that only 41 out of 257 councils received a clean audit in the 2023/2024 financial year. […]
# The US Court of International Trade has ruled that president Donald Trump overstepped his authority to impose sweeping global tariffs on imports. The three-judge panel in New York stated that the International Emergency Economic Powers Act, a 1977 law that Trump cited to justify the tariffs, does not give him the power to impose […]
