South Africa plans to slash its wage bill over the next three years, including a proposed pay freeze, as it earmarks massive expenditure cuts to reign in a soaring budget deficit.
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National treasury has issued a request for proposals for a government tender to supply mobile services to government workers – and its main requirement is that they get completely uncapped mobile Internet access.
Finance minister Tito Mboweni will have to find money to help the economy recover from its longest recession in three decades and bail out state companies in a budget that’s projected to record the biggest shortfall since 1914.
Lobby group Business Leadership South Africa has listed key reforms it views as necessary to fast-track growth in a letter to finance minister Tito Mboweni before his medium-term budget policy statement next week.
MPs have heard how R44.4-million was channelled from Eskom’s contractors, through sub-contracted companies, to four Eskom officials, which has led to four arrests.
State-owned defence company Denel has asked for R3.8-billion in government financial support over the next three fiscal years, national treasury said on Friday.
Communications minister Stella Ndabeni-Abrahams has announced the release of the Fourth Industrial Revolution (4IR) Commission Report for public consumption and comment.
Communications minister Stella Ndabeni-Abrahams said on Tuesday that government is pressing ahead with a plan to merge state-owned enterprises Broadband Infraco and Sentech to form a state infrastructure company.
Elon Musk’s SpaceX won a $149-million contract to build missile-tracking satellites for the Pentagon, the US Space Development Agency said on Monday.
Altron has won an appeal at the supreme court, overturning the high court’s earlier decision to set aside the awarding of a broadband contract by the City of Tshwane to Thobela Telecoms.