State-owned arms manufacturer Denel said it doesn’t have enough cash to pay its staff their full salaries this month, joining other government-owned companies clamouring for support in South Africa.
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The merged departments of communications and telecommunications & postal services will in future be known as the department of communications & digital technologies.
Communications minister Stella Ndabeni-Abrahams has welcomed the first meeting of the Presidential Commission on the Fourth Industrial Revolution (4IR) as a step towards achieving its objectives.
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.
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.