President Cyril Ramaphosa is considering making changes to his cabinet after he meets the ruling party’s leadership this weekend, people familiar with the deliberations said.
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A R32-billion infrastructure fund owned by Old Mutual said South Africa should start with power as it embarks on a R2.3-trillion drive to lure private investment into infrastructure over the next decade.
Altron Group CEO Mteto Nyati launched a withering critique of the ANC government on Twitter at the weekend, saying the ruling party has “passed its sell-by date”.
Government is assessing the planned multibillion-rand expansion of the Gautrain in terms of its new infrastructure development methodology and is in the process of engaging with stakeholders about the project.
The rand began the week stronger on Monday after President Cyril Ramaphosa announced a sweeping removal of lockdown restrictions over the weekend.
President Cyril Ramaphosa is preparing to ease lockdown restrictions, including the possible scrapping of an alcohol sales ban, according to people familiar with the matter.
Chronic under-performance of South Africa’s economy over the past decade is pushing the continent’s dominant powerhouse to the edge of economic and political disaster.
South African investigators are seeking to recover more than R400-million from German software giant SAP for two government contracts they allege were entered into unlawfully, court documents show.
André de Ruyter, the CEO of South Africa’s debt-stricken state power utility, is navigating a political minefield as he collects overdue debt, reduces electricity theft and bolsters revenue.
President Cyril Ramaphosa read the riot act to those violating rules aimed at curbing the spread of the coronavirus and announced new measures to enforce them as the disease nears a peak.