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Transnet executive suspended after tender report

Transnet executive suspended after tender report

A senior Transnet executive has been put on special leave following a News24 report on a R10 million tender the state-owned company awarded to the executive’s former boss.

Government - By News24Wire | 22 February, 2017
Gordhan backs Jacob Zuma’s radical economic transformation

Gordhan backs Jacob Zuma’s radical economic transformation

Radical economic transformation shouldn’t just be a slogan, but it needs to get to the root of poverty and inequality in South Africa, Finance Minister Pravin Gordhan said on Wednesday.

General - By News24Wire | 22 February, 2017
Bad management, finances still plague SOEs

Bad management, finances still plague SOEs

Operational inefficiencies, poor procurement practices, weak corporate governance and failures to abide by fiduciary obligations have plagued many of South Africa’s state-owned enterprises (SOEs), said Finance Minister Pravin Gordhan in his 2017 Budget Review.

Finance - By News24Wire | 22 February, 2017
Budget 2017 in a nutshell

Budget 2017 in a nutshell

Finance Minister Pravin Gordhan had a tough message for South Africans in Wednesday’s Budget Speech in the National Assembly, with the introduction of a new tax bracket for the very rich.

Finance - By News24Wire | 22 February, 2017
Government ordered to reverse decision to pull out of the international criminal court

Government ordered to reverse decision to pull out of the international criminal court

The North Gauteng High Court has ruled that government’s decision to withdraw from the International Criminal Court (ICC) without Parliament’s approval is unconstitutional and invalid.

Government - By News24Wire | 22 February, 2017
This is what Pravin Gordhan’s JSE investment portfolio looks like

This is what Pravin Gordhan’s JSE investment portfolio looks like

A document released by Parliament’s ethics committee reveals that finance minister Pravin Gordhan held shares in more than 35 listed companies in 2016.

Business - By News24Wire | 21 February, 2017
De Lille being investigated, not suspended – DA

De Lille being investigated, not suspended – DA

Cape Town Mayor Patricia De Lille’s office on Tuesday denied that she had been handed a letter of expulsion by the DA.

Government - By News24Wire | 21 February, 2017
Molefe to be sworn in as MP on Budget Speech day

Molefe to be sworn in as MP on Budget Speech day

Former Eskom CEO Brian Molefe will be sworn in as a Member of Parliament on Wednesday.

Government - By News24Wire | 21 February, 2017
The SACP is really unhappy about Molefe’s fast-track to Parliament

The SACP is really unhappy about Molefe’s fast-track to Parliament

The nomination of former Eskom CEO Brian Molefe to Parliament has divided the tripartite alliance, with the SACP in the North West province labelling the move “wrong, problematic and unprocedural”.

Government - By News24Wire | 20 February, 2017
Meet the South African family who lives off R1,050 a month

Meet the South African family who lives off R1,050 a month

A three-part series published by News24 highlights the plight of the Plaatjies family who live off R1,050 a month.

Lifestyle - By News24Wire | 20 February, 2017
Government department forks out R14,000 per day for BMW hire

Government department forks out R14,000 per day for BMW hire

The sector education and training authority for agriculture (AgriSETA) blew nearly R42,000 to rent a luxury vehicle for its acting chairperson for a period of just three days.

Government - By News24Wire | 20 February, 2017
Fedusa ‘dismayed’ at Molefe’s MP nomination

Fedusa ‘dismayed’ at Molefe’s MP nomination

The Federation of Unions of South Africa (Fedusa) has joined in the public outcry over the appointment of former Eskom Chief Brian Molefe to Parliament.

Government - By News24Wire | 19 February, 2017
Gauteng ANC caucus to push for land expropriation

Gauteng ANC caucus to push for land expropriation

The ANC in Gauteng has promised to pursue land expropriation, improve school infrastructure and ramp up law enforcement – just three of among a raft of measures aimed at improving the lives of local residents.

Government - By News24Wire | 19 February, 2017
SA banking collusion charges – why now?

SA banking collusion charges – why now?

The timing of the Competition Commission’s price-fixing case involving 17 banks seems suspicious, according to the Democratic Alliance.

Banking - By News24Wire | 16 February, 2017
Don’t blame us for South Africa’s racist content: Facebook

Don’t blame us for South Africa’s racist content: Facebook

Social media platforms should not be used as a scapegoat for the rise in hate speech online because they only mirror what society already feels, a Facebook representative said on Wednesday.

Internet - By News24Wire | 16 February, 2017
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