postheadericon South Africa finance minister warns economy at 'turning point'

Cape Town (AFP) – South Africa's economy is at a "turning point" and the government must cap spending and raise taxes to tackle its soaring deficit in the face of stalling growth, the finance minister said Wednesday.

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postheadericon South African govt boosts power utility Eskom with 20 bln rand cash

By Wendell Roelf CAPE TOWN (Reuters) – South Africa will inject 20 billion rand ($1.82 billion) cash into struggling power utility Eskom, and may also convert its existing 60 billion rand subordinated loan to equity, the National Treasury said on Wednesday. The moves highlight the gravity of the situation facing Eskom, which provides virtually all of the power to Africa's most advanced economy …

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postheadericon South African govt boosts power utility Eskom with 20 bln rand cash

By Wendell Roelf CAPE TOWN (Reuters) – South Africa will inject 20 billion rand ($1.82 billion) cash into struggling power utility Eskom, and may also convert its existing 60 billion rand subordinated loan to equity, the National Treasury said on Wednesday. The moves highlight the gravity of the situation facing Eskom, which provides virtually all of the power to Africa's most advanced economy …

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postheadericon South Africa finance minister warns economy at 'turning point'

South Africa's economy is at a "turning point" and the government must cap spending and raise taxes to tackle its soaring deficit in the face of stalling growth, the finance minister said Wednesday.

Share

postheadericon South Africa finance minister warns economy at 'turning point'

South Africa's economy is at a "turning point" and the government must cap spending and raise taxes to tackle its soaring deficit in the face of stalling growth, the finance minister said Wednesday.

Share

postheadericon Tango Gold Closes Acquisition of Mining and Related Assets in South Africa and Appointment of Director and Officers

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postheadericon Tango Gold Closes Acquisition of Mining and Related Assets in South Africa and Appointment of Director and Officers

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postheadericon Mandela Fraudulently Obtained Qunu Property – Winnie

Former President of South Africa Nelson Mandela may have committed land fraud, and acted “irregularly and unlawfully” when he registered a plot of land in Qunu, Eastern Cape, said his ex-wife and African National Congress stalwart Winnie Madikizela-Mandela. According to a report in the City Press on Sunday, the ANC veteran claims in court papers

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postheadericon Mandela Fraudulently Obtained Qunu Property – Winnie

Former President of South Africa Nelson Mandela may have committed land fraud, and acted “irregularly and unlawfully” when he registered a plot of land in Qunu, Eastern Cape, said his ex-wife and African National Congress stalwart Winnie Madikizela-Mandela. According to a report in the City Press on Sunday, the ANC veteran claims in court papers

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postheadericon DAFF research and patrol vessel operations under new management

South African shipbuilding and maritime solutions company Nautic South Africa has confirmed it will transfer the operation of the six Department of Agriculture, Forestry and Fisheries (DAFF) research and patrol vessels currently under its management to the South African Maritime Safety Authority (SAMSA’s) Special Marine Projects Division at the end of October 2014. SAMSA’s current mandate is to …

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