Telkom CEO Sipho Maseko said on Monday that it appears government has backtracked – at least for now – on a plan to sell a portion of its stake in the telecommunications operator, though he admitted anything
Home affairs minister Malusi Gigaba says the new automated biometric identification system (Abis) project will help integrate all systems, inside and outside government, to offer a single source for biometric
Home affairs minister Malusi Gigaba said his department will this year introduce an electronic visa application system in order to curb fraudulent permits from foreign nationals. Gigaba, speaking last week in
Government has proposed a one percentage point increase in the value-added tax rate to 15%. The increase was widely anticipated in tax circles as it is arguably the most effective way of raising significant amounts of
The ANC took a political gamble by increasing sales tax ahead of elections next year as new President Cyril Ramaphosa seeks to stabilise debt and prevent a third junk credit rating. The value-added tax rate will be raised
Eskom is wasting no time approaching potential lenders in the hope that Saturday’s board overhaul was enough to ease concerns about governance at the struggling utility. The company will ask banks for funding commitments to
The clock is ticking on President Jacob Zuma’s scandal-ridden administration as his deputy, Cyril Ramaphosa, flexes his political muscles and shows he’s increasingly wielding state power to stamp out corruption and revive the
South Africa is seeking to raise as much as R4bn from the sale of part of its 39% stake in Telkom to raise funds for the country’s unprofitable state airline and post office, according to two people familiar with the
Finance minister Malusi Gigaba met with representatives of the World Bank last week to discuss financing for development of a nuclear power programme in the country, according to two people familiar with
South Africa faces a stark choice: risk strikes by as many as 1.3m government workers or meet their pay demands and jeopardise its credit rating. After years of above-inflation increases, public sector unions now want nothing less than