# Some good news for debt-ridden South Africans. The Monetary Policy Committee of the Reserve Bank announced a cut of 25-basispoints in the repo rate to 7.25-percent. This means the prime lending rate will be cut to 10.75-percent.
# The Office of the Tax Ombud is investigating a surge in eFiling profile hijackings, where cybercriminals exploit taxpayer accounts to redirect refunds. The probe follows numerous complaints from taxpayers and industry bodies, highlighting vulnerabilities in SARS’s digital systems. Tax Ombud Yanga Mputa has initiated a systemic review, with findings to be reported to Finance […]
# Die kantoor vir Onafhanklike Kragprodusente sal in Julie ‘n versoek om kwalifikasie uitreik, voor ‘n November-tender uitgereik word vir die eerste fase van Onafhanklike Transmissieprojekte. Hierdie fase behels transmissielyne van een-duisend-164-kilometer en transformators oor drie provinsies. Suksesvolle bieërs sal fasiliteite ontwerp, finansier, bou en bedryf voordat eienaarskap aan die Nasionale Transmissiemaatskappy van Suid-Afrika oorgedra […]
# Die DA het die ANC se voorgestelde transformasiefonds van 100-miljard-rand veroordeel en dit ‘n plunderfonds genoem. DA-woordvoerder oor Handel en Nywerheid, Toby Chance, sê die fonds bevoordeel ‘n paar uitgesoektes en ondermyn ware transformasie. Chance vra vir gehalte-onderwys, minder burokrasie en sterker uitvoermarkte om entrepreneurs te bemagtig, werk te skep en armoede te beveg. […]
# Die DA sê Transnet se voortdurende mislukkings by die Kaapstad hawe verhinder uitvoerders se toegang tot wêreldmarkte. Die party waarsku al stel Wes-Kaapse ondernemings toenemend daarin belang om internasionaal uit te brei, word hulle pogings vertraag deur ‘n chroniese agterstand, verouderde infrastruktuur en ondoeltreffendheid by die hawe. Noko Masipa van die DA vra die […]
# The Independent Power Producer office will issue a request for qualification in July, ahead of a November tender for the first phase of Independent Transmission Projects. This phase involves one-thousand-164-kilometres of transmission lines and transformers across three provinces. Successful bidders will design, finance, build, and operate facilities before transferring ownership to the National Transmission […]
# Die kabinet onderskryf die hersiene nasionale begroting en beskryf dit as ‘n pro-arm-begroting wat voorrang gee aan die behoeftes van die kwesbaarste mense. ‘n Infrastruktuurbelegging van ‘n duisend-miljard-rand oor die volgende drie jaar is uitgelig, met verwysing na die begroting wat fiskale dissipline en ekonomiese groei balanseer. Die minister in die Presidensie, Khumbudzo Ntshavheni, […]
# The DA has slammed the ANC’s proposed 100-billion-rand transformation fund, calling it a looting fund. The DA’s Trade and Industry spokesperson, Toby Chance, says the fund benefits a select few and undermines true transformation. Chance calls for quality education, less red tape, and stronger export markets to empower entrepreneurs, create jobs, and fight poverty. […]
# Cabinet has endorsed the revised national budget, calling it a pro-poor budget that prioritises the needs of the most vulnerable. It also highlighted a one-trillion-rand infrastructure investment over the next three years, citing the budget balances fiscal discipline with economic growth. The minister in the presidency, Khumbudzo Ntshavheni, told the media 61-cents of every […]