Finance minister Tito Mboweni has announced a R9.1-billion bailout of struggling state-owned companies such as national carrier SAA and regional airline SA Express. In his first medium term budget policy statement to parliament on Wednesday‚ Mboweni announced that the troubled SAA would once more be recapitalised by the taxpayer to the tune of R5-billion. This..
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Once again taxpayers will have to pay for the sins of the ANC-regime – SAA, Post Office and other ailing SOEs to receive billions in cash-bailouts
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Forget Sars – SAPO is worse – R4-million salary for SA Post Office exec who can’t even keep a website online
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Many South Africans have expressed outrage at Sars chief officer for digital and IT, Mmamathe Makhekhe-Mokhuane, earning over R3 million a year. The anger comes after Makhekhe-Mokhuane made headlines following her appearance in an SABC TV interview. Makhekhe-Mokhuane was on SABC News for an interview about Sars’ IT systems, but spoke about Sars bursaries for..
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New social grant payment system unveiled
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In with the new‚ out with the old. The SA Social Security Agency and the SA Post Office have reached a landmark agreement to usher in a new social grant payment system that will see recipients getting their grants from banks‚ various merchants and spaza shops. The agreement was finalised on November 17 and the..
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