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SA Post Office must recover millions paid for unoccupied building, says Madonsela

23rd February 2016 The South African Post Office (Sapo) board of directors must take effective steps to recover R22-million paid to Centurion Vision Development as rental for the lavish Eco Point Office Park over 10 months even though the building was unoccupied, Public Protector Thuli Madonsela said on Tuesday.... 

No plans to sell off bigger stake in Telkom – Cwele

23rd February 2016 The South African government has no plans to sell off further stakes in Telkom, Telecommunications Minister Siyabonga Cwele said on Tuesday amid calls from the opposition for the parastatal to be fully privatised. “Telkom has already been privatised. There is no such discussion to dilute the... 

Outa produces ‘evidence’ to show e-tolls are overpriced by more than 300%

23rd February 2016 The Organisation Undoing Tax Abuse (Outa) revealed on Monday that the Gauteng Freeway Improvement Project (GFIP) was overpriced by a whopping 321% when compared to road construction pricing systems around the world. This finding comes as a result of Outa’s, formerly known as Opposition to Urban... 

Illegal mining activities remain a worry for premier Makhura

22nd February 2016 The spate of crime caused by illegal mining activities in Johannesburg warrants an increase in policing, said Premier David Makhura on Monday. “We have been battling with the problem of illicit mining. This crime affects many communities in Ekurhuleni, Johannesburg and West Rand who live along... 

Motorists not in civil defiance over e-tolls, says Premier Makhura

22nd February 2016 Gauteng motorists were not paying their e-toll bills because they can not afford them – not because they are defying government, Premier David Makhura said on Monday during his state of the province address in Sebokeng, south of Johannesburg. “In the many meetings I have addressed since the... 

Enviro department says it’s not to blame for Highveld Steel closure

22nd February 2016 The environmental affairs department on Sunday refuted claims that it had in any way scuppered the possible sale of Evraz Highveld Steel and Vanadium, thus forcing the company’s closure. “While no direct blame has been laid at the door of the department, business-rescue practitioners have... 

Lily Mine drilling machine breaks down

22nd February 2016 Efforts to rescue three trapped Lily Mine workers suffered another setback when the drilling machine broke down soon after it had started drilling an escape route for rescuers, a spokesman said on Sunday. “When they had started drilling yesterday [Saturday] then the drill bit broke at the... 

Business debt stress at its worst since 2009 global financial crisis – study

19th February 2016 Information services firm, Experian South Africa, on Thursday said the South African business debt stress was at its worst level since the 2008 global financial crisis. The latest Experian Business Debt Index (BDI), released on Thursday, showed a significant decline to a level of 0.082 in the... 

Zuma responds with a pledge on economy and a caution on race

18th February 2016 President Jacob Zuma responded to his critics in Parliament on Thursday with a promise to prevent further damage to the economy and a call for national unity, as he closed the debate on his poorly received state of the nation address. Zuma told a joint sitting of the House that preventing a... 

E-tolls increase will inflict more pain on Gauteng residents – DA

18th February 2016 The Democratic Alliance (DA) on Thursday warned that the South African National Roads Agency Limited's (Sanral) decision to increase e-tolls at the end of February was the “last straw to break consumers’ backs”. The DA said predictions for the South African economy in 2016 were dire, and people... 

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