Lead South Africa

Power cuts here to stay in the short term, MPs hear

PARLIAMENT, February 13 – South Africans could face loadshedding until at least the end of March if the current electricity supply crisis persists, Parliament’s public enterprises portfolio committee was informed on Tuesday.   Public Enterprises Minister Pravin Gordhan and his acting director general Thuto Shomang briefed MPs on the problems facing the power utility which […]

Africa In The News South Africa

Mboweni calls for end to Zim sanctions

JOHANNESBURG, January 16 – Finance minister Tito Mboweni said on Wednesday that Zimbabwe should look at introducing a new currency to counter its economic and financial challenges and also called for political leadership to intervene in ending sanctions in the troubled SADC country. Mboweni said that South African government representatives, including National Treasury director-general and […]

In The News South Africa

Finance Minister Mboweni appointed to AU Peace Fund board of trustees

PRETORIA, November 18 – Finance Minister Tito Mboweni has been appointed a member of the board of trustees of the African Union (AU) Peace Fund, which will finance mediation and preventive diplomacy activities, institutional capacity requirements, and peace support operations, the ministry said on Sunday. “The appointment of the trustees of the AU’s Peace Fund […]

In The News South Africa

EFF brands Mboweni reactionary

CAPE TOWN, November 2 – The Economic Freedom Fighters (EFF) on Friday accused Finance Minister Tito Mboweni of bucking African National Congress (ANC) policy by making “decidedly reactionary” statements abroad. This comes after Mboweni told an investor conference in New York in his view South African Airways (SAA) should be shut down because it has […]

Lead South Africa

Cosatu slams Mboweni’s “reckless” statement that SAA should be closed down

JOHANNESBURG, November 2 – The Congress of South African Trade Unions (Cosatu) said on Friday it was deeply alarmed by Finance Minister Tito Mboweni’s statement that South African Airways (SAA) should be closed down. Speaking at an investor conference in New York televised live on SABC on Thursday night, Mboweni said that decisions over the future of the […]