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The Monetary Policy Committee (MPC) has decided against changing the repo rate, opting to keep it at the current 3.5% per annum.This was announced by South African Reserve Bank Governor Lesetja Kganyago on Thursday following Wednesday’s MPC meeting.Spe…

KwaZulu-Natal Human Settlements and Public Works MEC, Jomo Sibiya, says despite legislative and policy interventions to eradicate inequalities in ownership of property, in practice, skewed patterns of ownership, participation and benefit remain.“Black …

Although business and the country may be battered by the COVID-19 pandemic, Provincial Human Settlements MECs have made an undertaking to accelerate housing delivery over the next coming months.The MEC made the commitment during a meeting between Human…

A five-year assessment of provincial municipalities in the North West Province has revealed that 13 of the 22 municipalities are in financial dire straits, with service delivery on the brink of collapse.The analysis of a five-year assessment (2015/2020…

President Cyril Ramaphosa will on Tuesday chair a meeting with more than 90 CEOs and business leaders of key industries that have been impacted by last week’s civil unrest in Gauteng and KwaZulu-Natal.Dozens of businesses – including malls and factorie…

Police Minister, General Bheki Cele, will today, visit businesses and shopping complexes in Durban and Pietermaritzburg, affected by wide spread looting during last week’s campaign of violence in Gauteng and KwaZulu-Natal.“The purpose of the visits is …

Acting Minister in the Presidency, Khumbudzo Ntshavheni, says all hands are on deck to restore normalcy in violence-struck areas in KwaZulu-National and Gauteng, with the major economic corridors and routes used to transport supplies from KZN having re…

Minister of Communications, Stella Ndabeni-Abrahams, and Eastern Cape Premier, Oscar Mabuyane, have met with the Eastern Cape SAPS Senior Management in Mthatha today.Acting OR Tambo District Commissioner, Brigadier Vukile Ntandane welcomed the delegati…

President Cyril Ramaphosa has placed high on the agenda businesses crippled by looting and property damage in the wave of violent attacks in KwaZulu-Natal and parts of Gauteng.In a national address on Friday evening, the President assured that every ef…

A man suspected to be dealing in drugs was arrested on the N3 freeway during a crime prevention roadblock on Thursday.Members of the Welkom and Bethlehem K9 Unit stopped a White Polo Vivo near Harrismith, travelling from Johannesburg towards Durban.Acc…