Eastern Cape ‘defies’ National Treasury

The Eastern Cape government is under fire for allegedly approving the payment of more than R170-million on broadband services in a deal that was not authorised by the National Treasury. The province wants to connect its departments with fast internet to improve service delivery. More than 7‚100 sites had to be connected‚ the Daily Dispatch […]
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Mandela funeral funds official caught up in tender row ​

A senior Eastern Cape official implicated in the looting of state funds earmarked for Nelson Mandela’s memorial and funeral services is embroiled in a new controversy over an unauthorised tender worth R171-million. Marion Mbina-Mthembu, director-general in the Office of the Premier, applied to the National Treasury to deviate from normal tender processes in awarding an […]
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Grand-scale corruption at PRASA covered up by treasury

For almost a year, National Treasury has kept the lid on almost 200 investigations into PRASA contracts which show that up to R2.5 billion was siphoned off in contracts which should never have been signed. The investigations, into contracts worth R10 million or more, were ordered by former Public Protector Thuli Madonsela following her 2015 […]
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ConCourt wants Sassa to explain alternative grants payment scheme

The Constitutional Court has asked the South African Social Security Agency (Sassa) to provide reasons why an alternative payment scheme, recently suggested by its expert panel, is feasible. The alternative payments scheme was suggested two weeks ago by the expert panel set up by Sassa and Black Sash under the supervision of the court. In […]
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Sassa and Sapo agreement date pushed back yet again

The striking of the elusive deal between the South African Social Security Agency (Sassa) and the South African Post Office (Sapo) has been pushed back yet again. MP’s at a joint meeting in Parliament on Tuesday heard that an offer to the Post Office to build an integrated IT payment system for a new “hybrid” […]
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Medical tax credits to go?

There has been talk for some time now about the National Health Insurance (NHI) and how it will be funded. In his Budget Speech in February 2017, former finance minister, Pravin Gordhan, alluded to an adjustment to medical tax credits to partly fund the system. “The rationale behind replacing the tax deduction system with the […]
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National Treasury captured by Finance Minister Gigaba?

Officials in the Treasury accused the finance minister, Malusi Gigaba, of hijacking the treasury by running a parallel administration. This he did by appointing about 20 confidants in his office. In this public attack on Gigaba, it is claimed that he decided to delay a forensic investigation into Eskom contracts with Tegata. The allegation also […]
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SAA cash crunch deepens as suppliers have still not been paid

South African Airways (SAA) appears to have exhausted its available cash reserves following news that suppliers have still not been paid for work done in July. The airline has thirty-day terms with a number of suppliers that provide essential services to it. They had not been paid at the end of last week, a week […]
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Nightmares have a name, and it’s called Eskom – electricity price hike submitted to National Treasury

This madness has got to stop.For many South Africans, nightmare could become a five-letter word: Eskom. Even as in-and-out CEO Brian Molefe takes the power utility to court to challenge the decision to overturn his reappointment, Eskom is asking for eye-watering increases in electricity prices. Moneyweb has reported that Eskom wants its clients to pay […]
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Breaking News: Over 12 000 “Zombie Entrepreneurs” are doing business with the SA government

It reads like the start of a joke, but we’re afraid this one’s no laughing matter. National Treasury has discovered about 12,000 dead people in its register of companies that do business with the state. A report by the Sunday Times has revealed that there are around 12 000 people on the South African government’s […]
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