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Portuguese businessman kidnapped for ransom rescued in Soweto

Location: News

Portuguese businessman kidnapped for ransom rescued in Soweto

A 49-year-old Portuguese businessman who was kidnapped for ransom last month, is the latest victim to be rescued by the police. 

In the last six months, 12 businessmen and six students who had been kidnapped for ransom have been rescued by a multidisciplinary team led by the South African Police Service (SAPS) anti-kidnapping task team.

According to the SAPS, the Portuguese businessman was kidnapped from his business premises in Florida, Johannesburg, on 24 June 2024.

“On Monday evening, 1 July 2024, the team traced the victim to a home in Snake Park, Soweto, where he had been in captivity. 

“On the same evening, members also arrested one of his captors in Turffontein, Johannesburg,” a statement from the Office of the National Commissioner of the SAPS read. 

According to Eyewitness News (EWN), Portuguese South African butchery owners are being targeted in a spate of kidnappings in Gauteng. 

The news organisation said that 20 Portuguese South African butchery owners and managers were kidnapped in the province since January last year, with one victim murdered.  

EWN said ransom demands for the safe release of the victims range between R400 000 and R3.5 million, while in at least nine of these cases, ransom demands started from R10 million.

“The SAPS anti-kidnapping task team including other law enforcement agencies and private security have been working around the clock to find the businessman, safe and unharmed,” the police said. 

The police believe that the 39-year-old suspect belongs to a syndicate that is responsible for at least four other kidnappings where businessmen were the target in the Johannesburg District. 

“The team is currently tracing suspects who were working together with the man.

“In cases where the businessmen and students had been rescued, no ransom payment was made as a direct result of the expertise and capabilities of SAPS detectives, the crime intelligence unit and collaboration with private security.” 

As per the police statement from January 2024 to date, 49 kidnappers who had demanded ransom payment from families of victims have been arrested in Gauteng, the North West and Free State. 

In addition, 21 vehicles used in the commission of these crimes have been confiscated and eight firearms have also been seized. 

“The SAPS is confident that working together with all stakeholders and community tip-offs, it will continue to take down more syndicates believed to be behind a spate of kidnappings for ransom across the country,” the SAPS added. – SAnews.gov.za

 

Gabisile
Wed, 07/03/2024 - 09:42

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A Guide On How To Invest In It For Your Business Success

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SevenC, a leading IT infrastructure and network service provider striving to identify and make available the best possible ICT strategies for its clients’ unique needs, explores strategies for making smart IT investments. Over the past few decades, advancements in IT have revolutionised company operations and reshaped the dynamics of competition in nearly every industry. “In …

Read moreA Guide On How To Invest In It For Your Business Success

SIU collaborates to continue fight against corruption through data analytics

Location: News

SIU collaborates to continue fight against corruption through data analytics

The Special Investigating Unit (SIU) has strengthened its hand to fight corruption through data analytics.

This as the unit has joined forces – through memoranda of understanding – with the Gordon Institute of Business Science (GIBS) Anti-Corruption Coalition (ACC), the Transparency, Integrity, and Accountability Programme (TIP) of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

SIU head, Advocate Andy Mothibi, explained how the partnerships pave the way for the unit to sharpen its tools against corruption.

“Through these partnerships, the SIU will embark on statistical research efforts, proactive strengths and risk exposures, sector-based data analysis, awareness and advisory initiatives, capacity building, and integrating data analytics and predictive analysis into the institutions’ risk management systems,” he said.

He added that the unit must take the lead in fighting the scourge of corruption by making it increasingly difficult for criminals to have their way.

“To achieve this, the SIU must direct strategic decision-making processes and drive prevention activities through data analysis. This will provide the SIU with a competitive market advantage and long-term sustainability,” Mothibi said.

The unit stated that the memoranda of understandings signed with the institutions are part of the SIU’s drive to halt corruption through a “whole of society approach”.

“These MoUs are also part of the SIU’s implementation of the National Anti-Corruption Strategy, in particular, the whole-of-society approach, which is an integrated approach to the fight against corruption and calls on all sectors to participate in the fight against corruption and encourages collaboration between government, the private sector and civil society as one of the fundamentals of the strategy.

“Through these collaboration agreements, the SIU seeks to ensure that its anti-corruption tools are advanced and enable the SIU to move towards the prevention of corruption. The SIU plans to publish sector data intelligence and use a prevention, advisory, and awareness capacity to advise stakeholders on systemic measures to proactively identify and prevent maladministration, fraud, and corruption,” the unit concluded. – SAnews.gov.za

NeoB
Tue, 07/02/2024 - 10:55

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The real cost of burnout

Location: MyPR

Corporate Mental Health Week 1 – 5 July 2024: According to the latest Gallup report, 36% of the South African workforce experience excessive daily stress and more than 71% are either disengaged or actively disengaged at work – some of the alarming signs of burnout. This is not surprising considering that according to the Mental …

Read moreThe real cost of burnout

Your cute tote bag is not green

Location: MyPR

As the fight against plastic intensifies, alternatives have come into the market in the form of cute cotton tote bags adorned with environmentally friendly puns, becoming a trend and an aesthetic for social media. Yet the impact of these so-called plastic alternatives is debatable. Dr Lize Barclay, Senior Lecturer in Futures Studies and Systems Thinking, …

Read moreYour cute tote bag is not green

Learnerships: The Power of Potential

Location: MyPR

How Kerina Ramasar has overcome obstacles: A day in the life of an EduPower learner At just 21, Kerina Ramasar is a force to be reckoned with. Her severe vision impairment is no obstacle but rather a catalyst for her resilience and ambition. Her unwavering determination has earned her the role of mentor among her …

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Driving Sustainable Fuel Distribution: bp South Africa Joins African Energy Week (AEW) 2024 as Platinum Sponsor

Location: News
African Energy Chamber

bp South Africa – a subsidiary of global energy major bp – returns to the African Energy Week (AEW): Invest in African Energy conference (www.AECWeek.com/) – taking place November 4-8 in Cape Town – as a platinum sponsor. The company's return signals a commitment to engaging with industry and regional counterparts under a common goal of making energy poverty history.

In recent years, bp South Africa has made fresh investments in infrastructure development, local content empowerment and decarbonization initiatives under a broader agenda to expand fuel distribution and access. As Africa maximizes the development and use of its oil and gas resources to meet industrialization targets, improving partnerships with committed investors such as bp South Africa becomes imperative.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

bp South Africa has a strong history of providing fuel and related products to South Africa, having invested in importation, refining and distribution for over 100 years.

The company announced a five-year $1 billion investment package to enhance its operations in South Africa, including the modernization of its 50% owned SAPREF refinery in Durban in June 2023. The aim is to enable the 180,000 barrels per day refinery to produce low sulfur diesel, in line with the firm's new low carbon energy specification for environmental sustainability. Additionally, bp South Africa manages the Single Buoy Loading and Offloading Mooring facility, managing up to 85% of South Africa's crude oil imports. bp South Africa is also channeling significant investments into enhancing South Africa's port and storage infrastructure with the firm operating six fuel storage terminals in-country.

Going forward, the company is enhancing fuel distribution to meet the growing demand of petroleum products through the expansion of its retail business in South Africa. The company has over 500 branded service stations across South Africa. bp South Africa is also transforming the country's workforce through investments in local empowerment. In August 2023, the company invested R58 million to stimulate black-owned businesses with a target to have 70% of its service stations operated by black dealers by 2025.

Under the theme, Energy Growth through an Enabling Environment, AEW: Invest in African Energy will feature bp South Africa in high-level panel discussions and exclusive networking sessions, spotlighting the company's investment endeavours, steadfast commitment and strategic vision to propel Africa's energy industry forward.

“To make energy poverty history by 2030, Africa needs new investment in refining and distribution. bp South Africa is making great strides in this area under efforts to accelerate industrialization and fuel access in South Africa,” stated NJ Ayuk, the Executive Chairman of the African Energy Chamber.

AEW: Invest in African Energy serves as the largest event of its kind in Africa. Uniting African presidents, government, and national companies with global investors, project developers and technology providers, the event drives investment across the entire value chain. This year's edition takes place in Cape Town. Visit www.AECWeek.com for more information.

Distributed by APO Group on behalf of African Energy Chamber.

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MPs to undergo induction

Location: News

MPs to undergo induction

Following their swearing in ceremony last month, new Members of Parliament in the seventh administration are set to undergo an induction programme that will get underway tomorrow.

In a statement issued on Sunday, Parliament said the induction programme will run from Tuesday until Friday at the Century City Conference Centre in the Western Cape.

“The induction will cover various topics, including an introduction to the core business of Parliament, the roles and responsibilities of Members and Office Bearers, ethical standards for members, engaging with civil society, gender-responsive planning, budgeting, monitoring and evaluation, as well as c introduction to parliamentary structures and support,” said Parliament.

Members of Parliament were sworn in during the first sitting of the National Assembly of the seventh Parliament on Friday, 14 June 2024. Other Members of Parliament were sworn in at a later stage.

This followed the National and Provincial Elections of 29 May 2024. President Cyril Ramaphosa was elected as President and head of government following the elections and since then, he was inaugurated at a ceremony held at the Union Buildings on 19 June 2024.

The President also announced his Cabinet for the seventh administration during an address to the nation on Sunday evening, comprising all members of the Government of National Unity.

READ | Meet SA's new cabinet

Meanwhile, the National Council of Provinces (NCOP) will, on Tuesday at 2pm, convene a plenary sitting at Parliament.

“Among the items on the agenda are the election of the Permanent Deputy Chairperson of the NCOP, Programming Whip, House Chairpersons, and the election of members to represent the NCOP at the Pan African Parliament, the Southern African Development Community Parliamentary Forum, the Judicial Services Commission, Members of the Magistrate Commission, Members that will serve as trustees of the Political Office-Bearers Pension Fund, and PARMED Medical Aid Scheme Trustee Members,” said Parliament.

The National Assembly (NA) will also hold a plenary sitting on Tuesday at 2pm to revive the Appropriation Bill, elect House Chairpersons, and elect members to represent the NA at the Pan-African Parliament, Southern African Development Community Parliamentary Forum, and the JSC.

The plenary sitting will take place at the Century City Conference Centre.

“The committee structures will be constituted in due course. Committees are deemed the engine of Parliament as they oversee and scrutinise the work of government by providing a platform for debate and ensuring accountability,” said Parliament. -SAnews.gov.za

Neo
Mon, 07/01/2024 - 11:36

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The BBC Welcomes The Appointment Of The New Cabinet

Location: MyPR

The Black Business Council (BBC) would like to applaud H.E. President Cyril Ramaphosa for positively considering the BBC’s input (during our consultation) of ensuring that the economic cluster remains mainly in the hands of the governing party. The BBC also congratulates all individuals appointed to the Cabinet (Executive). In particular, the BBC congratulates the new …

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Africa’s dazzling design showcase Decorex Joburg comes to Sandton in August

Location: MyPR

Hot on the fashionable heels of its Cape Town counterpart, Decorex Joburg is set to sizzle and shine at the Sandton Convention Centre from 1 to 4 August 2024. Always a much-anticipated highlight of the decor and design calendar – and running simultaneously alongside 100% Design Africa – this is the definitive showcase of contemporary …

Read moreAfrica’s dazzling design showcase Decorex Joburg comes to Sandton in August

Exploring OCFO’s Fintech Solutions for Streamlining Your Business

Location: MyPR

Don’t get left behind by using server-based, legacy technology to run your business. With Outsourced CFO experts at your side, you can automate and streamline your financial and operational processes, giving you an edge in today’s fast-paced digital business world. By leveraging cutting-edge technologies such as cloud accounting, data analytics, and real-time reporting, we aim …

Read moreExploring OCFO’s Fintech Solutions for Streamlining Your Business

Meet SA’s new cabinet

Location: News

Meet SA's new cabinet

President Cyril Ramaphosa has today, Sunday 30 June 2024, announced the new members of the National Executive for the seventh administration, which is inclusive of all the parties to the Government of National Unity.

The highly anticipated announcement took place after Ramaphosa was elected as the President by the National Assembly on Friday, 14 June 2024, after which he was inaugurated on Wednesday, 19 June 2024.  

The eleven parties to the GNU include the African National Congress, Democratic Alliance, Patriotic Alliance, Inkatha Freedom Party, Good Party, Pan Africanist Congress of Azania, Freedom Front Plus, United Democratic Movement, Al Jama-ah, Rise Mzansi and the United Africans Transformation. 

Addressing the nation on Sunday evening, the President said given the challenges that the country faces and considering the electoral mandate this government must implement, he has decided to make certain changes to the national government portfolios.

“In the course of the sixth democratic administration, we indicated our intention to reduce the number of portfolios in the National Executive. However, due to the need to ensure that the National Executive is inclusive of all the parties to the Government of National Unity, this has not been possible.

“In some instances, we have considered it necessary to separate certain portfolios to ensure that there is sufficient focus on key issues,” Ramaphosa said at the Union Buildings in Pretoria.

WATCH | 

Changes to portfolios 

He said the Ministries of Electricity and Energy will be merged.

“There will be a separate Ministry of Mineral and Petroleum Resources. The Ministry of Agriculture will be separated from the Ministry of Land Reform and Rural Development.

“The Ministry of Higher Education will be separated from the ministry of Science, Technology and Innovation. The ministry of Justice and Constitutional Development will be separated from the ministry of Correctional Services.

“There will no longer be a Ministry of Public Enterprises. The coordination of the relevant public enterprises will be located in the Presidency during the process of implementing a new shareholder model,” the President said.

The new National Executive

Ramaphosa has decided to make the following appointments to the National Executive:

  • The Deputy President is Paul Mashatile.
  • The Minister of Agriculture is John Steenhuisen.
  • The Deputy Minister of Agriculture is Rosemary Nokuzola Capa.
  • The Minister of Land Reform and Rural Development is Mzwanele Nyhontso.
  • The Deputy Minister of Land Reform and Rural Development is Chupu Stanley Mathabatha.
  • The Minister of Basic Education is Siviwe Gwarube.
  • The Deputy Minister of Basic Education is Reginah Mhaule.
  • The Minister of Communications and Digital Technologies is Solly Malatsi.
  • The Deputy Minister of Communications and Digital Technologies is Mondli Gungubele.
  • The Minister of Cooperative Governance and Traditional Affairs is Velinkosi Hlabisa.
  • The Deputy Ministers of Cooperative Governance and Traditional Affairs are Dickson Masemola and Zolile Burns‐Ncamashe.
  • The Minister of Defence and Military Veterans is Angie Motshekga.
  • The Deputy Ministers of Defence and Military Veterans are Bantu Holomisa and Richard Mkhungo.
  • The Minister of Electricity and Energy is Kgosientsho Ramokgopa.
  • The Deputy Minister of Electricity and Energy is Samantha Graham.
  • The Minister of Science, Technology and Innovation is Blade Nzimande.
  • The Deputy Minister of Science, Technology and Innovation is Nomalungelo Gina.
  • The Minister of Employment and Labour is Nomakhosazana Meth.
  • The Deputy Ministers of Employment and Labour are Jomo Sibiya and Phumzile Mgcina.
  • The Minister of Finance is Enoch Godongwana.
  • The Deputy Ministers of Finance are David Masondo and Ashor Sarupen.
  • The Minister of Forestry, Fisheries and the Environment is Dion George.
  • The Deputy Ministers of Forestry, Fisheries and the Environment are Narend Singh and Bernice Swarts.
  • The Minister of Health is Aaron Motsoaledi.
  • The Deputy Minister of Health is Joe Phaahla.
  • The Minister of Higher Education is Nobuhle Nkabane.
  • The Deputy Ministers of Higher Education are Buti Manamela and Mimmy Gondwe.
  • The Minister of Home Affairs is Leon Schreiber.
  • The Deputy Minister of Home Affairs is Njabulo Nzuza.
  • The Minister of Human Settlements is Mmamoloko Kubayi.
  • The Deputy Minister of Human Settlements is Tandi Mahambehlala.
  • The Minister of International Relations and Cooperation is Ronald Lamola.
  • The Deputy Ministers of International Relations and Cooperation are Alvin Botes and Tandi Moraka.
  • The Minister of Justice and Constitutional Development is Thembi Nkadimeng.
  • The Deputy Minister of Justice and Constitutional Development is Andries Nel.
  • The Minister of Mineral and Petroleum Resources is Gwede Mantashe.
  • The Deputy Minister of Mineral and Petroleum Resources is Judith Nemadzinga‐Tshabalala.
  • The Minister of Planning, Monitoring and Evaluation is Maropene Ramokgopa.
  • The Deputy Minister of Planning, Monitoring and Evaluation is Seiso Mohai.
  • The Minister of Police is Senzo Mchunu.
  • The Deputy Ministers of Police are Polly Boshielo and Cassel Mathale.
  • The Minister in the Presidency is Khumbudzo Ntshavheni.
  • The Deputy Ministers in the Presidency are Nonceba Mhlauli and Kenneth Morolong.
  • The Minister of Public Service and Administration is Mzamo Buthelezi.
  • The Deputy Minister of Public Service and Administration is Pinky Kekana.
  • The Minister of Public Works and Infrastructure is Dean Macpherson.
  • The Deputy Minister of Public Works and Infrastructure is Sihle Zikalala.
  • The Minister of Small Business Development is Stella Ndabeni-Abrahams.
  • The Deputy Minister of Small Business Development is Jane Sithole.
  • The Minister of Social Development is Sisisi Tolashe.
  • The Deputy Minister of Social Development is Ganief Hendricks.
  • The Minister of Sport, Arts and Culture is Gayton McKenzie.
  • The Deputy Minister of Sport, Arts and Culture is Peace Mabe.
  • The Minister of Tourism is Patricia De Lille.
  • The Deputy Minister of Tourism is Maggie Sotyu.
  • The Minister of Trade, Industry and Competition is Parks Tau.
  • The Deputy Ministers of Trade, Industry and Competition are Zuko Godlimpi and Andrew Whitfield.
  • The Minister of Transport is Barbara Creecy.
  • The Deputy Minister of Transport is Mkhuleko Hlengwa.
  • The Minister of Water and Sanitation is Pemmy Majodina.
  • The Deputy Ministers of Water and Sanitation are David Mahlobo and Isaac Seitlholo.
  • The Minister of Women, Youth and Persons with Disabilities is Sindisiwe Chikunga.
  • The Deputy Minister of Women, Youth and Persons with Disabilities is Mmapaseka Steve Letsike.
  • The Minister of Correctional Services is Pieter Groenewald.
  • The Deputy Minister of Correctional Services is Lindiwe Ntshalintshali.

Click here for the Summary of the new National Executive |

New National Executive

New National Executive

- SAnews.gov.za

nosihle
Sun, 06/30/2024 - 22:41

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‘Unprecedented’ Government of National Unity to roll up its sleeves

Location: News

'Unprecedented' Government of National Unity to roll up its sleeves

President Cyril Ramaphosa has officially announced his new cabinet and South Africa is now firmly into the seventh administration - led by what the President has termed an “unprecedented” Government of National Unity (GNU).

The President announced the members of cabinet on Sunday evening, about a month after the National and Provincial Elections were held on 29 May 2024.

“The incoming government will prioritise rapid, inclusive and sustainable economic growth and the creation of a more just society by tackling poverty and inequality,” President Ramaphosa assured the country, as he addressed the nation from the Union Buildings in Pretoria.

This year’s General Election results produced no outright majority winner – tasking various  political leaders to work together to form a government, much like what was required at the dawn of democracy in 1994.

Some 11 political formations have come together and signed a Statement of Intent to work together to form a GNU, reflective of the representatives from those parties.

“The establishment of the Government of National Unity in its current form is unprecedented in the history of our democracy. We have had to consider how to form the new government in a manner that advances the national interest, that gives due consideration to the outcome of the election and that makes use of the respective capabilities within each of the parties.

“We have had to consider not only the immediate needs of the country. We have also had to consider the stability, effectiveness and durability of the government we are establishing,” he said.

WATCH | Cabinet announcement 

 

READ| Meet SA's new cabinet

Serving all South Africans

With Ministers and Deputy Ministers now coming from a plethora of parties, President Ramaphosa told the nation that those appointed to those positions will work to serve all South Africans and not just those who voted for them.

“These men and women we have appointed to the executive are drawn from all corners of our country. They reflect the diversity of our nation. They have a responsibility to work together to serve the people as a whole.

“None of the members of the National Executive has been appointed to serve the interests of a particular constituency, a particular party or a particular section of society,” he said.

Strengthening democracy

Turning to the length of time it has taken to form a cabinet, President Ramaphosa soothed concerned South Africans – pointing out that other countries have taken longer to walk the same path.

“[Many] people have pointed to the experiences of other countries that have a far longer history of democracy, where the formation of multi-party governments have sometimes taken several months.

“As a relatively young democracy, we should be proud that we have moved to establish a government comprised of eleven parties within such a short space of time.

“Through our discussions we have been able to build consensus on the tasks of government. We have shown that there are no problems that are too difficult or too intractable that they cannot be solved through dialogue,” he emphasised. 

National Dialogue

With the cabinet announced, a National Dialogue is expected to be convened by the incoming GNU and other formations in the “spirit of partnership and collaboration”.

“Through this National Dialogue, all parties, civil society groups, labour, business and other stakeholders will be invited to work together to address the critical challenges facing the nation.

“We call on all South Africans to participate in the National Dialogue and to give their support to this Government of National Unity as it begins its work.

“As the leaders of political parties, as Ministers and Deputy Ministers, as public representatives, we understand and accept the responsibility that we bear. We have all been called upon to serve the people of this country, and we will do so to the utmost of our ability,” President Ramaphosa concluded. – SAnews.gov.za

 

NeoB
Sun, 06/30/2024 - 23:22

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Paul Mashatile appointed as Deputy President

Location: News

Paul Mashatile appointed as Deputy President

President Cyril Ramaphosa has appointed Paul Mashatile as Deputy President of South Africa in the seventh administration.

Mashatile is reprising his role from the sixth administration.

This was announced by President Ramaphosa in an address to the nation on Sunday night, announcing the country's new cabinet.  

Mashatile served as Deputy President from March 2023 following the resignation of former Deputy President David Mabuza.

In the sixth administration, Deputy President Mashatile was tasked with discharging the following duties:

  • Leader of Government Business in Parliament.
  • Leading Government effort to fast-track land reform and the coordination of Government programmes to accelerate land reform and agricultural support.
  • Implement Rapid Response interventions on service delivery and trouble-shooting in service delivery hotspots.
  • Assisting the President in the roll-out of the District Development Model through effective coordination of the different spheres of government which will improve the functioning of municipalities and address community concerns.
  • Leading the South African National AIDS Council (SANAC) and the country's integrated response to the challenges of HIV and AIDS.
  • Special Envoy on South Sudan and leading peace missions on the continent as required.
  • Leading the National Human Resource Development Council and fostering collaboration between government and social partners towards addressing the shortage of skills in critical sectors of the economy.
  • Promoting Social Cohesion Initiatives with a particular focus on Traditional and Khoi-San Leaders, as well as Military Veterans.

In the term of the sixth administration Deputy President Mashatile also chaired the Governance, State Capacity and Institutional Development and the Justice, Crime Prevention and Security Cabinet Committees.

Mashatile hails from Gauteng and was the Minister of Arts and Culture between 2010 and 2014.

He has also served in various positions in the Gauteng Provincial Government, including as  Member of the Executive Council (MEC) for Finance and Economic Affairs, MEC for Housing and MEC Transport, Roads and Public Works.

He was an anti-apartheid activist prior to the dawn of South Africa’s democracy in 1994 and was arrested and detained for some four years by the brutal Apartheid government. – SAnews.gov.za

 

NeoB
Sun, 06/30/2024 - 22:30

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Southern Sun’s Cabana Beach Resort recognised at Durban Tourism Business Awards for exceptional investment

Location: MyPR

Southern Sun’s Cabana Beach Resort is delighted to announce its latest accolade, having been honoured with the “Exceptional Winner Award for Investment” at the third annual Durban Tourism Business Awards. This recognition highlights Cabana Beach Resort as a leader in sustainable and holistic growth within the tourism industry. “This award is particularly meaningful as it …

Read moreSouthern Sun’s Cabana Beach Resort recognised at Durban Tourism Business Awards for exceptional investment

Embark on a Culinary Adventure from the Comfort of Your Kitchen

Location: MyPR

Nuts About Cooking is delighted to announce the release of the “Global Flavours Cookbook,” a free digital collection designed to take you on a gastronomic journey around the world. This exquisite cookbook features 40 mouth-watering recipes from the most cherished food destinations, all while showcasing the incredible versatility of Nuts About Cooking Coconut Oil. Whether …

Read moreEmbark on a Culinary Adventure from the Comfort of Your Kitchen

Government welcomes achievement of primary budget surplus

Location: News

Government welcomes achievement of primary budget surplus

Under the leadership of President Cyril Ramaphosa, the sixth administration has achieved the first primary budget surplus in 15 years, said the Government Communication and Information System (GCIS).

The last time government had a budget surplus was before the 2008 global financial crisis.

“This commendable achievement was attained due to the support the National Treasury received from the President, the Minister of Finance, and the Cabinet of the sixth administration despite many challenges that confronted the national fiscus,” the GCIS said in a statement on Saturday.

These challenges include the economy that had to recover from the global economic crisis, State Capture, prolonged financial constraints due to the COVID-19 pandemic, and the civil unrest of July 2021.

“The sixth government administration put in place prudent fiscal measures aimed at mitigating the country's dire economic situation, including the implementation of cost-cutting measures within the government, fewer bailouts to state-owned entities, strong monitoring of key performance measures to improve their performance, and the deployment of multi-disciplinary intervention teams that included the private sector where applicable. 

“State-owned enterprises were propelled to impactful turn-around plans implementation, which has resulted in green shots in self-sustaining business models. Critical economic growth drivers, such as infrastructure development, received necessary support and focus. Under President Ramaphosa's leadership, the government engaged regularly with business and labour leaders, whose input is crucial to the economic growth conversation,” the GCIS said.

Government said that as the seventh administration begins its work; it does so with the advantage of a budget surplus, which will support the implementation of outstanding goals of Vision 2030 – the National Development Plan.

The government reiterated the importance of collaboration to achieve faster economic growth through job creation and public-private partnerships, among other strategies. –SAnews.gov.za

nosihle
Sun, 06/30/2024 - 13:23

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Governance experts appointed to lead intervention in eThekwini

Location: News

Governance experts appointed to lead intervention in eThekwini

Two governance experts have been appointed to lead an intervention in the eThekwini Metropolitan Municipality. 

KwaZulu-Natal Cooperative Governance and Traditional Affairs MEC, Reverend Thulasizwe Buthelezi, says former eThekwini Municipality Manager, Dr Mike Sutcliffe, and former Director-General in the Presidency, Dr Cassius Lubisi, were appointed as governance experts during an Executive Committee (EXCO) meeting of the municipality, held on Thursday.

The intervention comes amid ongoing battles in the metro, including rampant crime, service delivery issues, and aging infrastructure.

The two have been appointed under Section 154 of the Constitution, which states that “The national government and provincial governments, by legislative and other measures, must support and strengthen the capacity of municipalities to manage their own affairs, to exercise their powers and to perform their functions”.

Buthelezi said the department aims to restore eThekwini to its former status as the jewel in the crown of KZN. 

“This action by the provincial government underscores the commitment to clean governance and accelerated service delivery, as pronounced by Premier Thamsanqa Ntuli,” Buthelezi said.

The strategic support under Section 154 will entail building a clean, effective, efficient responsive and accountable local government; implementation of findings of investigation reports; addressing non-compliance with terms and conditions, including poor spending on allocated grants for various projects; and strengthening partnerships between civil society, the business sector and other critical role-players - to restore public and investor confidence.

Buthelezi said the appointed team will provide monthly reports to the MEC and will be in operation for 12 months, starting from 1 July 2024.

The Executive Committee has commended the MEC for the intervention and committed to work together with the appointed team. – SAnews.gov.za

 

GabiK
Fri, 06/28/2024 - 10:25

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NERSA approves applications for electricity tariffs

Location: News

NERSA approves applications for electricity tariffs

The National Energy Regulator of South Africa (NERSA) has completed considering the approving of all 178 licenced electricity distributors’ tariff applications for the 2024/25 financial year for effective implementation on 1 July 2024.

“NERSA processed the 2024/25 distributors’ tariff applications in line with the provisions of the Electricity Regulation Act and also in compliance with the High Court order in the Nelson Mandela Chamber of Business,” the Regulator said on Friday.

The applications were published on the NERSA website to solicit comments from affected parties, which were taken into consideration in the decision-making process.

Distributors were required to submit their tariff applications for the 2024/25 financial year based on their cost of supply studies.

Those distributors without the cost of supply studies were required to provide NERSA with a breakdown of their electricity distribution-related costs. – SAnews.gov.za

 

nosihle
Fri, 06/28/2024 - 11:23

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