SAA bailout to hit public purse:
SAA bailout to hit public purse: SAA’s R2.3bn bailout at the weekend is a further blow to the credibility of its board and management, with some analysts calculating this is likely to force Finance Minister Malusi Gigaba to present a deficit budget in February next year. Gigaba dropped a bombshell at the opening of the ANC policy conference on Friday, hinting
Why is crime worse in Western Cape?: On Friday March 3, 2017, the police department presented official crime statistics from April 1 to December, 2016 to the police committee in Parliament, where they painted a picture of a country winning the fight against crime. In the first quarter, there was a 0.6% increase in murder compared to the previous year. While murder
Retail clothing stores are flatlining: Retail clothing stores are flatlining as the once-endless line of credit for customers starts to fade. This is despite the slight uptick in slowing private sector credit demand growth which rose to 6.69% in May from 5.9% in April, Reserve Bank data shows. Expansion in the broadly defined M3 measure of money supply also increased,
InFocus: Gupta citizenship:
Making NDP deliver the goods: Minister of Finance Malusi Gigaba must be judged on his actions and not by perceptions created out of hearsay and innuendo. “We should not lose sight of the fact that we need to address the issues the ratings agencies raise, first and foremost for the good of our country and to advance our national development,”
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