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Some Limpopo municipalities still reeling impact of VBS losses, says Makwetu
Service delivery was also affected in these municipalities, with the Makwetu adding that cost-containment measures and recovery plans were introduced in the hope of recovering from the 'huge financial loss'.
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Sanef launches relief fund for journalists who’ve lost income due to COVID-19
Only freelance, contract or permanently employed journalists who have been retrenched or had their contracts cancelled since the implementation of the national lockdown will be eligible to apply.
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Rand firms against dollar before current account data
At 0704 GMT, the rand traded at 17.00 versus the dollar, around 0.3% stronger than its previous close.
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Magashule now supports Mboweni’s plan to get loans from World Bank, IMF
He said the ANC had confidence in its deployees in government to get the loans but only if conditions were favourable to the country.
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Illicit tobacco trade 'booming since Sars disbanded its probing capacity'
Telita Snyckers, the author of 'Dirty Tobacco,' - an expose on the dark underbelly of the tobacco industry, presented a virtual address to the Cape Town Press Club on Wednesday.
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DPE favours business rescue plan over liquidation for SAA
In a statement on Thursday morning, the Department of Public Enterprises stresses that if SAA was to be liquidated, it would potentially lead to even more financial implications for employees.
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Innocent until proven guilty - ANC NEC on Limpopo officials implicated in VBS
The party's NEC met virtually over the weekend and made resolutions on internal party matters, government response to COVID-19, job losses and international relations.
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There'll be change in municipalities if leaders held accountable - Salga
The organisation said it would encourage treasury to implement Section 216 of the Constitution to withhold equitable share to address financial misconduct.
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Ramaphosa: Road to recovery for SA’s economy will be hard but not impossible
President Cyril Ramaphosa said government believed in its R500 billion ambitious relief package aimed at addressing the devastation caused by the outbreak of COVID-19.
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Rand firms as dollar slips, stocks retreat
The dollar slipped on Wednesday, with the market having a modest appetite for risk-taking amid generally upbeat US data and improving European economic numbers.
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ANC urges SOEs not to add to SA's unemployment figures
The ANC said that while the aviation sector around the globe was facing challenges, the government must ensure that restructuring minimised job losses there and in other sectors.
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Eskom warns Gauteng residents of load reduction on Wednesday night
The power utility said that its network was currently under severe strain, with a number of areas in the province set to go dark.
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Tobacco firms complicit in illicit cigarette trade, claims expert
Research shows that 25% of the local illicit market seems to be coming from big companies.
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NW Premier Makgoro to visit COVID-19 hotspots in mining sector
During his oversite visit, Mokgoro will also open a 200-bed makeshift hospital at the Royal Bafokeng Mine.
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Municipalities' irregular expenditure up by R7bn, now sitting at R32bn - Makwetu
This has been attributed to departures from prescribed regulations a problem that has hogged municipal finances for some time.
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WhatsApp stokvels are back but they're still illegal & scamming people
The modus operandi is that people will be paid out by other members of the group when it is their turn on the list.
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Eskom denies targeting black communities with 'load reduction'
The power utility said in 'high residential areas,' which are mainly townships, they have huge problems of illegal connections.
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VW, Adidas, Puma join Facebook ad boycott over hate speech
Some 200 brands have now paused advertising with the social media giant as part of the #StopHateForProfit campaign launched by social justice activists.
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Rand edges firmer in tentative trade
At 0720 GMT the rand was 0.21% firmer at 17.3100 per dollar, having hit a three-session low on Tuesday.
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SAA BRPs tell court to lift interdict on retrenchments as plan not published
The practitioners said that due to a lack of cash flow for SAA and with no cash injection coming from government or potential investors, the whole rescue process would fail.
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Makwetu expected to release consolidated local govt audits today
However, this is also the first time that the AG’s office will exercise its new powers to act on corruption and the abuse of public finances.
