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South Africa is facing a deepening financial crisis marked by soaring debt-servicing costs, now exceeding R1 billion a day, ...
6h
Bizcommunity on MSNTreasury funding at risk as Morero faces mounting pressure over Joburg financesThe mayor of Johannesburg, Dada Morero has come under fire for poor management of the municipality's coffers.Finance Minister Enoch Godongwana recently brought to light the mayor's R22bn unauthorised, ...
The mayor of Johannesburg has been asked to explain how South Africa's richest city will recoup 24.4 billion rand of funds ...
8h
Daily Maverick on MSNJohannesburg Property Company retreats amid backlash over parks cash grabJohannesburg Property Company’s moves coincide with the sorry state of the city’s finances — under the spotlight ahead of ...
Finance Minister Enoch Godongwana has placed the Ditsobotla Primary Savings and Credit Cooperative Bank Limited (DCB) in ...
One year in and the government of national unity has yet to usher in a tangible business and investment boost.
Markets nevertheless cheered the decision, with South African government bonds outperforming and yields at five-year lows ...
GNU faces internal battles over reform vs. revolutionary ideologyBusiness urged to back reformers or risk hostile economic ...
More than three years ago, South African Air Force (SAAF) firefighters lost their technical competency-based incentive pay (TCIP) due to what the SA National Defence Union (Sandu) called “a military ...
19h
South Africa Today on MSNJohannesburg Faces Financial Crisis as National Treasury Demands AccountabilityThe City of Johannesburg has less than two weeks to respond to the National Treasury’s stern warnings over its deteriorating ...
With government debt becoming unsustainable in a stagnant economy, South Africa is expected to rely increasingly on SARS to ...
Minister of Finance Enoch Godongwana has given Dada Morero 14 days to explain how he plans to fix the city’s finances.
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