Cosatu concerned about rising municipal debt – SABC News

The Congress of South African Trade Unions (Cosatu) says it is concerned by the rising municipal debt as it will affect basic services. This is after National Treasury issued a

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High-income earners excluded from labour protection laws – SABC News

Employees who earn above a certain amount annually will no longer be covered by South Africa’s labour legislation, effective from Tuesday. According to a notice published in the Government Gazette,

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Environment Dept urges rural communities to start businesses – SABC News

The Forestry, Fisheries and Environment Department has appealed to communities in rural areas to set up small businesses to reduce unemployment. It has cited businesses such as disposing of electronic

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ANC confident budget will pass despite opposition – SABC News

The ANC is confident that an agreement will be reached with other political parties to allow for the budget to be approved in Parliament. The ANC briefed the media on

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Parliament Committee split over small business challenges in Limpopo – SABC News

Members of the Parliament Portfolio Committee on small business have expressed mixed reactions over the challenges faced by small businesses. This comes as the committee was wrapping up its week-long

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Municipalities owe creditors R128 billion – SABC News

The total amount owed by municipalities to creditors has increased by over R20 billion. The total amount owed by municipalities to creditors has been reported at R128 billion. This is

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Municipalities underspend on infrastructure in 2024/5: Treasury – SABC News

National Treasury’s Q2 report for 2024/25 reveals that municipalities underspent on conditional grants and capital projects. These funds were meant for infrastructure development and emergency disaster repairs. The grants were

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ACSA Board orders forensic probe into procurement irregularities – SABC News

The Board of the Airports Company South Africa (ACSA) has launched a forensic investigation into alleged procurement irregularities. An independent firm will be appointed to conduct the probe, while the

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Dollar slips as traders wait on tariff clarity – SABC News

The dollar weakened on Friday ahead of a planned announcement next week by US President Donald Trump on reciprocal tariffs, which has left traders uncertain of how to trade the

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SARS Chief reveals an estimated R800 billion in uncollected taxes – SABC News

SARS Commissioner Edward Kieswetter has told Parliament that an estimated R800 billion in tax remains uncollected. SARS, together with the National Treasury, was responding to submissions received by the Standing

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