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Central Energy Fund, Sasol sign gas MOU

The Central Energy Fund (CEF) has signed a memorandum of understanding with chemicals and energy giant, Sasol.The MOU is aimed at securing future gas supply options and infrastructure critical to the gas market.The agreement comes at least two months a…

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Inflation targeting benefitted economy, says Kganyago

Over the last 21 years of inflation targeting, the South African Reserve Bank (SARB) has largely succeeded in delivering on its objective, despite many challenges, says Governor Lesetja Kganyago.Delivering a virtual keynote address on the country’s 21 …

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No more bailouts for state owned enterprises

Public Enterprises Director General Kgathatso Tlhakudi says government will no longer be funding bailouts, as they are known, for state owned enterprises.Tlhakudi was speaking during a departmental briefing of Parliament’s Public Enterprises committee….

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SARS, SAPS clampdown on illegal liquor warehouse

The South African Revenue Service (SARS), in partnership with the South African Police Service and liquor industry, has slammed the brakes on a Mpumalanga warehouse allegedly trading illicit liquor valued at R15 million.In a statement on Tuesday, the r…

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Condolences for Magwaza-Msibi

International Relations and Cooperation (DIRCO) Minister, Dr Naledi Pandor, has conveyed heartfelt condolences to the family, friends and colleagues of Zanele Magwaza-Msibi following the announcement of her passing on Monday.Pandor in a statement said …

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PIC, Steinhoff enter into settlement agreement

The Public Investment Corporation, Steinhoff International Holdings N.V. (SIHNV) and Steinhoff International Holdings Proprietary Limited (SIHPL) –together referred to as Steinhoff – have entered into a settlement agreement to support the implementatio…

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Minister Dlodlo launches Public Service Month

The provision of quality services and the combatting of corruption are an integral part of the public service, says Public Service and Administration Minister Ayanda Dlodlo. “This year’s Integrated Public Service Month (IPSM) reminds us that we should …

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