SAnews

The country is gearing up to host the fifth South Africa Investment Conference (SAIC) on 13 April 2023 in Johannesburg.This conference is the final leg of the current investment drive to attract R1.2 trillion over five years. The SAIC attracts delegates from South Africa and the rest of the globe. Last year, the fourth SAIC raised R367 billion in investment commitments, … [Read more...] about SA gears up for 5th Investment Conference

Finance Minister Enoch Godongwana says National Treasury has withdrawn Eskom’s partial exemption from the Public Finance Management Act (PFMA) granted to the power utility last week.Godongwana announced the withdrawal during a joint meeting of Parliament's Committee on Appropriations, the Standing Committee on Finance, the Standing Committee on Public Accounts, the Standing … [Read more...] about Eskom PFMA partial exemption withdrawn, for now

A prominent Mpumalanga businessman has appeared in the Mbombela Magistrate’s Court in connection with R60 million motor vehicle licensing fraud.Demieties Pieter Botes joined 16 licensing officials and one vehicle fleet owner who were arrested last year in connection with the scandal. The Hawks arrested the 46-year-old man on Tuesday. Botes faces 261 counts of fraud emanating … [Read more...] about Prominent Mpumalanga businessman appears in court for fraud

Deputy President Paul Mashatile says he learnt with shock the sad news of the passing of Percy Mthimkhulu.This comes after an announcement on Tuesday that Mthimkhulu, Chief of Staff in the Ministry of Finance since 2021, died in his sleep. Mthimkhulu, 49, also worked with the Deputy President for more than 20 years as a speechwriter and at times, his spokesperson. “Percy was a … [Read more...] about Deputy President mourns his former speechwriter Percy Mthimkhulu

The Gauteng Industrial Development Zone SOC Limited (Gauteng IDZ) has set its sights on being the leading economic zone in the country and in Africa.Gauteng Economic Development MEC, Tasneem Motara, on Tuesday said that the IDZ aims to promote job and enterprise development opportunities. Established in 2009, the Gauteng IDZ is mandated to develop and operate the designated OR … [Read more...] about Gauteng IDZ blazes trail in job creation and economic development