South Africa’s central bank won’t bail out the country’s troubled state-owned companies including power utility Eskom because it would fuel inflation, the governor, Lesetja Kganyago, said.
Browsing: Public sector
South African Airways CEO Vuyani Jarana has quit the financially stricken state-owned company, citing a lack of funding and drop in government support for the carrier’s turnaround plan.
President Cyril Ramaphosa announced on Wednesday evening that he will keep Stella Ndabeni-Abrahams on as his minister of communications.
President Cyril Ramaphosa announced a new national executive on Wednesday evening. Here is the full list of the ministers and deputy ministers he named to serve in his administration.
“Stretched”, “thumb-suck” and “manipulation” were among the words used at the judicial commission of inquiry into the Public Investment Corp to describe the informal pre-listing valuation carried out by Ayo Technology Solutions executives.
The news this week that government has again kicked the spectrum licensing can down the road is further evidence that it isn’t taking the needs of the sector seriously enough.
Communications minister Stella Ndabeni-Abrahams said on Tuesday evening that her department has paid Icasa the first tranche of its annual budget, a day after the communications regulator said it would take her to court to secure the funds.
Icasa on Monday said it has instructed its attorneys to file papers against communications minister Stella Ndabeni-Abrahams and her department in a dispute over its funding.
President Cyril Ramaphosa has appointed members of the Presidential Commission on the Fourth Industrial Revolution.
The department of home affairs says technical teams are assisting front offices that are experiencing difficulties since a system upgrade, which began last Friday.