In The News South Africa

#ANC54: ANC wants new mechanisms to hold government officials accountable

JOHANNESBURG, December 20 – The African National Congress (ANC) needed to come up with effective tools to hold people it deploys to government accountable, especially at state-owned enterprises (SOEs), the party’s Legislature and Governance Commission proposed on Wednesday. ”Regarding MPs [Members of Parliament], MPLs [Members of provincial legislatures], councillors in [local] government and matters relating […]

Business In The News South Africa

Samwu not buying sale of government’s Telkom stake

PARLIAMENT, October 26 – The South African Municipal Workers Union (Samwu) on Wednesday, said that it was opposed to the plan by government to sell its Telkom shares and was standing against the privatisation of state assets. Finance Minister Malusi Gigaba confirmed in Parliament during his Medium-Term budget Policy Statement (MTBPS) that government will dispose of a […]

In The News South Africa

ANC welcomes medium-term budget

PARLIAMENT, October 26 – The African National Congress (ANC) on Wednesday, welcomed the medium-term budget policy statement tabled by Finance Minister Malusi Gigaba, saying it would closely monitor the implementation of measures contained in the policy document. “The low economic growth means that there will be a R50.8 billion shortfall in tax revenue, and we […]

Business In The News South Africa

Business Leadership SA urges new SAA board to restore financial stability

JOHANNESBURG, October 20 – Business Leadership South Africa (BLSA) on Friday urged the new board of embattled South African Airways (SAA) to work tirelessly in restoring the financial stability of the airline and implement transformation plans. BLSA chief executive Bonang Mohale said that the new SAA board must “root out” reported corruption at the airline. […]

Business In The News South Africa

Dudu Myeni sacked from SAA board

JOHANNESBURG, October 19 – Cabinet has approved sweeping changes to the board of South African Airways and replaced controversial chairwoman Dudu Myeni with JB Magwaza, well-placed sources confirmed on Wednesday evening. At a meeting earlier in the day, President Jacob Zuma’s Cabinet approved a new board which saw Myeni; Tryphosa Mmakeaya; Mzimkhulu Malunga; Siphile Buthelezi; […]