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African News Agency

DA to push for better Gautrain subsidy deal

6th November 2017 Taxpayer’s will, over and above the R30-billion Gautrain construction price tag, have paid well over R50-billion for this service if current subsidy levels continue, the Democratic Alliance said on Sunday. The current Gautrain subsidy was the largest single item of expenditure in the budget of... 

Trillian whistleblower says Eskom’s Singh paid R30.6m for no reason

3rd November 2017 A whistleblower on Friday told the parliamentary inquiry into Eskom the power utility settled a fraudulent invoice from Trillian for R30.6-million. Former Trillian Management Consulting (TMC) chief executive Bianca Goodson said she found her signature on a cover letter to the invoice that was... 

Minister Lynne Brown urges SA cooperation in defence industry with Pakistan

3rd November 2017 Public enterprises minister Lynne Brown has on Thursday, urged the South African government to come up with a concrete plan to explore areas of cooperation in the defense industry with Pakistan. South African Defence Minister, Nosiviwe Mapisa-Nqakula, signed a Memorandum of Understanding (MoU) on... 

New nuclear plants still on the cards – Zuma

2nd November 2017 A nuclear deal for South Africa is still on the table, President Jacob Zuma told Members of Parliament on Thursday, despite Finance Minister Malusi Gigaba in his medium-term budget policy statement (MTBPS) saying the country could not afford it at the moment. During his question-and-answer... 

South Africa’s capital city replacing electricity meters after court ruling

2nd November 2017 South Africa’s capital city is replacing thousands of electricity meters after the high court ruled that the contract for their procurement was invalid, an official said on Thursday. Cilliers Brink, member of the mayoral committee for the municipality of Tshwane, which incorporates the capital... 

WEF Global Gender Gap report sees South Africa slip four places

2nd November 2017 The World Economic Forum’s (WEF) latest Global Gender Gap report shows that South Africa has dropped to nineteenth place out of 144 countries measured. According to a statement from WEF, this year painted a bleak picture of gender equality globally. WEF said that for the first time since... 

Transnet resumes operations at Port of Durban after KwaZulu-Natal storms

2nd November 2017 State-owned freight and logistics company Transnet said on Thursday that 100% of marine operations at the Port of Durban have resumed following a violent storm in KwaZulu-Natal last month. Last month inclement weather left a trail of destruction in the country’s busiest port, the Port of Durban... 

SAA’s failure to settle its debt would have resulted in default – Ramaphosa

2nd November 2017 Deputy President Cyril Ramaphosa said the South African Airways (SAA) bailout was a crucial decision made by government because failure to settle debts would have resulted in SAA defaulting on its debts. Ramaphosa was answering questions in the National Council of Provinces. 

Eskom gave Tegeta prepayment on day Optimum purchase price was due, inquiry hears

1st November 2017 A business rescue practitioner on Wednesday told the parliamentary inquiry into Eskom that the power utility agreed to pay Tegeta almost R600-million in advance for coal on the same day it became clear that the Gupta-affiliated company was short of that same sum to purchase the Optimum coal mine.... 

Heavy increase in irregular expenditure in South Africa, now pegged above R45bn, says AG

1st November 2017 Irregular expenditure by government departments and State-owned entities has ballooned by over 50% in 2016/2017 when compared to the previous financial year, topping R45-billion, Auditor-General Kimi Makwetu revealed on Tuesday. “Irregular expenditure has increased by 55% since the previous year... 

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