In The News South Africa

KZN cash-in-transit heist accused sentenced

JOHANNESBURG, September 21 – Cash-in-transit heist accused has been sentenced to 25 years imprisonment by the Pietermaritzburg High Court, the directorate for priority crime investigation better known as Hawks said on Friday. Spokesperson Captain Simphiwe Mhlongo said in October 2014, Nicholas Mkhanyiseni Mdluli, 50, and his accomplices attacked security guards who were transporting cash at […]

In The News South Africa

Mining Charter to be gazetted next week

JOHANNESBURG, September 21 – The final Mining Charter would be gazetted next week by Mineral Resources Minister, Gwede Mantashe. The Charter was approved with minor amendments by the September 19 Cabinet meeting. The Mineral and resources department on Friday, said the gazetting of the Charter will entrench the regulatory certainty necessary for the growth, development […]

Lead South Africa

Ramaphosa invites private sector to be part of R50billion infrastructure fund

RETORIA, September 21 – President Cyril Ramaphosa on Friday said that the private sector had expressed interest and would be invited to enter into meaningful partnerships with government in establishing an Infrastructure Fund seen as a critical driver of economic activity. Announcing an economic stimulus plan involving R50 billion in reprioritised spending and new project level funding, Ramaphosa […]

In The News South Africa

Ramaphosa unveils SA’s “stimulus package” to kickstart sluggish growth

PRETORIA, September 21 – President Cyril Ramaphosa on Friday said the government would establish an infrastructure fund, a municipal infrastructure improvement package and do away with some regulatory restrictions, including in tourism, as part of an economic stimulus plan to reignite growth. Ramaphosa said the R50 billion stimulus package, which will be implemented immediately, would consist of five broad parts, […]

In The News South Africa

New president of COSATU calls for downgrade of relations with Israel

JOHANNESBURG, September 21 – The newly-elected president of the Congress of South African Trade Unions (Cosatu), Zingiswa Losi, has called on South Africa’s African National Congress-led government to immediately downgrade diplomatic relations with Israel. Losi — who became the first woman to lead South Africa’s largest trade union federation — made the remarks on Thursday at Cosatu’s 13th National Congress […]