# Business Leadership South Africa welcomes progress in meeting all Financial Action Task Force requirements to exit the grey list by October. The organisation says this will ease burdens on international transactions and rebuild investor confidence. In her weekly newsletter, CEO Busisiwe Mavuso praised the National Treasury for reversing the damage caused by state capture. […]
# Die president van die Lungelo Lethu-menseregtestigting, Nkululeko Xhelithole, sê Suid-Afrikaanse banke funksioneer steeds volgens apartheidstelsels te midde van ‘n krisis met die terugneem van huise. Hy vergelyk dit met gedwonge uitsettings en kritiseer banke dat hulle grondwetlike behuisingsregte ignoreer. Dit volg nadat die Hooggeregshof Standard Bank berispe het omdat hy die huis van Zwelinzima […]
# The DA says it strongly rejected the South African Post Office’s request to present its 3.8-billion-rand business rescue plan behind closed doors. The party finds it outrageous that the Post Office, already propped up by taxpayers, is asking for secrecy while its business rescue practitioners rake in 6-million-rand per month. The DA’s Nico Pienaar […]
# Cooperative Governance and Traditional Affairs deputy minister, Namane Masemola, says reviewing the 1998 Local Government White Paper is crucial, especially as municipalities face decaying infrastructure and dwindling revenue. Speaking in Midrand, Masemola highlighted that outdated funding models no longer meet community needs, particularly in metros with rural features. He says a new, inclusive funding […]
# Lungelo Lethu Human Rights Foundation president Nkululeko Xhelithole says South African banks still operate on apartheid-style systems amid a growing home repossession crisis. He likens it to past forced removals, criticising banks for ignoring constitutional housing rights. This follows a High Court rebuke of Standard Bank’s attempt to foreclose on the home of South […]
# Die Internasonale Finansiële Korporasie sê die vordering met kragopwekking in Afrika is bemoedigend. Altesaam 26-gigawatt hernubare energie is die afgelope tien jaar op die vasteland bygevoeg. Die korporasie steun Suid-Afrika se hervormings om die energiesektor vir meer beleggings oop te stel. Die liggaam se streeksnywerheids-direkteur, Sarvesh Suri, sê hulle werk saam met die Nasionale […]
# The International Finance Corporation says the progress in power generation across Africa has been encouraging. A total of 26-gigawatts of renewables-based generation capacity has been added in the last ten-years on the continent. The company is supporting South Africa’s reforms to open the energy sector to more investment. IFC regional industry director Sarvesh Suri […]
# Die DA vra die Departement van Handel, Nywerheid en Mededinging om die nodige wetgewende en regulatoriese hervormings te bespoedig om Suid-Afrika se geskiedkundige gebrek aan mededinging te hanteer. Die Organisasie vir Ekonomiese Samewerking en Ontwikkeling se jongste verslag het bevind die land het die meeste beperkings van alle lande wat by die opname betrek […]
# Die adjunkpresident, Paul Mashatile, se skoonsuster word verbind met Sizekhaya Holdings, wat die lisensie ontvang het om Suid-Afrika se nasionale lotery vir agt jaar te bedryf. Volgens die amaBhungane-sentrum vir ondersoekende joernalistiek is Khumo Bogatsu ‘n mede-eienaar en mede-bestuurder van Bellamont Gaming, een van Sizekhaya se aandeelhouers. Die maatskappy ontken dat daar politieke inmenging […]
