SAnews

Deputy President Paul Mashatile says South Africa has made significant progress by addressing 52 of the 67 recommended actions to get off the Financial Action Task Force (FATF) grey list.“We are now focusing on the remaining 15 actions to meet the January 2025 deadline,” the Deputy President said on Thursday at the National Council of Provinces (NCOP) where he was answering … [Read more...] about SA making ‘significant progress’ to get off FATF grey list – Deputy President

Higher Education, Science and Innovation Minister, Dr Blade Nzimande, will today officially open new and renovated buildings at the Walter Sisulu University, Mthatha Campus.The university has concluded a refurbishment project on lecture halls fitted with ultra-modern technology. The lecture halls situated in the East Teaching Mall at the Nelson Mandela Drive (NMD) site will be … [Read more...] about Nzimande to open new Walter Sisulu University buildings

The High Court in Gauteng has granted the National Prosecuting Authority’s Asset Forfeiture Unit (NPA AFU) an order to restrain some R583.8 million in assets belonging to employees of former Eskom contractor Asea Brown Boveri (ABB) and six other interested parties.At the height of state capture, the Swiss company itself was allegedly irregularly awarded a R2.2 billion control … [Read more...] about Asset Forfeiture Unit granted R583 million restraint order

Deputy President Paul Mashatile says government acknowledges that debt relief alone will not return Eskom to financial sustainability, as the state works with municipalities to help settle mounting bills.“A key assumption considered in the debt relief determination is the implementation of the recent tariff increase approved by the regulator. Without this increase, debt relief … [Read more...] about Govt to assist municipalities to settle debt: Deputy President Mashatile

The KwaZulu-Natal Sport, Arts and Culture, has set aside R40.6 million from the Mass Participation Conditional Grant for the implementation of school sport.Presenting the department’s R1.493 billion 2023-2024 Budget Vote at KZN Legislature in Pietermaritzburg on Thursday, Acting Sport, Arts and Culture MEC, Bongiwe Sithole-Moloi said, an additional R10 million will be allocated … [Read more...] about R40 million to boost KZN school sports