News PIC Board Crisis Raises Governance Concerns as Godongwana Weighs Dissolution of R3 Trillion Asset ManagerBy newsnote correspondent4 days ago37 Governance concerns at the Public Investment Corporation (PIC) have intensified after four more non-executive directors resigned ahead of a meeting…
Business Treasury freezes R13.5bn in municipal funding as government tightens grip on failing councilsBy newsnote correspondent6 days ago10 The National Treasury has temporarily withheld R13.5 billion in equitable share allocations to 69 municipalities in a move aimed at…
Business Public Servants Association adamant it will not be deregisteredBy Motlhaping Modise3 weeks ago15 South Africa’s third-largest and oldest public sector union, the Public Servants Association (PSA), has reassured its members that it faces…
Opinion South Africa’s bailout of Eskom won’t end power cutsBy newsnote correspondent24 February 20238 By Roy Havemann The announcement by the South African finance minister, Enoch Godongwana, of debt relief for the country’s troubled power utility, Eskom,…
Business Budget 2023 overview: What South Africans can expect in the current yearBy newsnote correspondent22 February 202319 The Treasury has quantified its balancing act as it attempts to strike a balance between the demands of the national…
