In The News South Africa

Zuma signs Fica amendment bill into law

PRETORIA – President Jacob Zuma has signed the Financial Intelligence Centre Amendment (Fica) bill into law, the presidency said on Saturday. The Financial Intelligence Centre Amendment Act further strengthens the “transparency and integrity of the South African financial system in its objectives to combat financial crimes, which include tax evasion, money laundering, and the financing […]

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Presidency rejects reports of Nkandla upgrades at taxpayer expense

PRETORIA – The presidency on Sunday flatly rejected media reports of further renovations at taxpayers’ expense to his private homestead at Nkandla in KwaZulu-Natal. “The presidency has noted with concern a report in the Sunday Times newspaper about alleged plans by the department of public works to renovate certain aspects of the president’s Nkandla residence,” […]

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Zuma hails agri-parks as part of radical economic transformation

JOHANNESBURG – President Jacob Zuma on Tuesday encouraged stakeholders in the agricultural sector to make a maximum contribution to economic growth and job creation among previously disadvantaged and economically excluded people. Zuma said small-holder farmers, in particular black farmers, had been strictly confined to economic participation in the informal sector while large commercial farmers were […]