The social development department has made an extraordinary proposal to the inter-ministerial committee set up to find solutions to boost the economy: double social grants payments for six months.
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SASSA News:- ‘Double social grants for six months’ – can this be possible?
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No wonder SA has money problems – Minister spends more than R116k on cutlery and crockery for her office
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The social development minister says the goods were purchased in compliance with National Treasury regulations. Minister of Social Development Susan Shabangu has spent R116 528 on crockery and cutlery for her official office since she took over the department from the previous minister Bathabile Dlamini. In a written reply to Inkatha Freedom Party MP Liezel..
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The ANC has dragged the country into recession, but what does it actually signify for us as South-African Citizens?
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Since yesterday September 5, 2018 around 12:00 it was announced that South Africa is in an official recession. Nearly everyone read about it with great concern, but few realize exactly what it entails.
A recession suggests a phase of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. The current recession in the country was caused by the debate about land expropriation without compensation, which undermined a very principle of the freemarket system; and the full particulars of the thuggery and corruption from Zumagate now becoming public.
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Steinhoff Saga:- Markus Jooste plans to dodge Parliament’s tough questions
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After months of continued revelations regarding the intrigue that is Steinhoff, the reclusive mastermind behind the tangled web, Markus Jooste, will finally appear before Parliament on Wednesday.
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Petrol predicted to hit R19 by end of 2018
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Petrol price is set to increase for the fifth time this year due to a weaker rand. Deputy editor at Finacial Mail Sikonathi Mantshantsha says he is predicting that South Africans will be paying R19 per litre of petrol by the end of 2018. The rand weakened to about R14 after Argentina increased its interest..
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Des Van Rooyen lost no time in the treasury
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On December 9 2015, ANC backbencher Des van Rooyen was appointed finance minister. Four days later, after intense pressure, then-president Jacob Zuma rescinded his appointment, shifted him to the co-operative governance and traditional affairs department and appointed Pravin Gordhan to control the nation’s purse strings.
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Treasury News:- Sars shortfall to blame for VAT hike, so we are paying for their incompetency!
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Treasury would not have needed to increase value added tax (VAT) by one percentage point to 15% in April if not for the revenue shortfall at the South African Revenue Services (SARS), deputy director general at national treasury Ismail Momoniat told the Nugent commission of inquiry on Wednesday.
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Zibuse Comfort Ndigi withdraws from Zondo commission citing time constraints, one can only wonder why!
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The appointment of Durban attorney Zibuse Comfort Ngidi, a staunch ally of former president Jacob Zuma, to the Zondo commission investigating state capture, has been halted.
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Athol Trollip (DA) ousted in ‘sham’ council meeting in NMB
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The Democratic Alliance’s Athol Trollip has been ousted from his position as mayor of Nelson Mandela Bay. The putsch happened during a contentious council meeting where DA caucus members and the municipal manager walked out of the chambers after the removal of its speaker, Jonathan Lawack.
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Solidarity members to strike over Sasol’s ‘white exclusion’
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More than 80% of Solidarity’s members at Sasol in Secunda voted for a strike against the company’s exclusion of white employees from a staff share scheme, the labour union claims in a statement on its website on Sunday.
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Government spend Half a million on braai areas for ministers that is funded with taxpayers money
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The department is said to have about 148 ministerial houses that cost anywhere between R4m and R9m. Themba Godi, who is the chairperson of the Standing Committee on Public Accounts (SCOPA), made it clear on Tuesday that taxpayers could not possibly be expected to foot the bill for the expenditure. The SCOPA revealed that the..
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Petrol prices: This is how much the ANC-goverment earns on our fuel tax and levy
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Cyril Ramaphosa restored some hope when he announced that he would task the Department of Energy and National Treasury with the duty of finding a solution to the issue of rising petrol prices. However, on Tuesday, the joint team, led by Jeff Radebe, who is the Minister of Energy, confirmed that, in fact, there was..
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City of Joburg: An electricity bill from hell – Man billed R17m for water and electricity
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Your water and electricity bill comes in at R17m owed. Do you panic or do you panic? At the start of August, a homeowner of the City of Johannesburghad been hit with a R17m water and electricity bill. While he wasn’t even living in the house, he knew something was off as he had just..
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Implementation of Moyane-sanctioned model moved SARS efficiency backwards
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The restructuring of the South African Revenue Service’s operating model was unnecessary and undercut the efficiency of the revenue services. This is according to testimony given during the second leg of the Nugent commission on Tuesday.
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Blame the ruling party of SA – A shocking number of South Africans can’t afford even a basic food basket right now
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Non-profit organisation, the Bureau for Food and Agricultural Policy (BFAP), has released its latest outlook focusing on agricultural production, consumption, prices and trade in South Africa. The baseline takes into account the latest trends, policies and market information, and is constructed in such a way that the decision maker can form a picture of equilibrium..
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