IFP leader clarifies party’s stance on VAT increase – SABC News

Inkatha Freedom Party (IFP) leader Velenkosini Hlabisa has clarified the party’s acceptance of the half percentage point VAT increase proposed in Finance Minister Enoch Godongwana’s budget speech. Parliament is yet

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Minister warns of rail, port challenges due to funding shortages – SABC News

Transport Minister Barbara Creecy says the country’s rail and port infrastructure faces substantial challenges such as theft and vandalism and operational inefficiencies. She says these are exacerbated by the limited

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Beijing hosts foreign CEOs at forum in bid to attract investment – SABC News

Beijing hosted a business forum on Sunday attended by international executives and politicians as China seeks to attract foreign investment at a time of heightened geopolitical tensions. China’s policymakers are

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Malatsi defends decision to withdraw SABC Funding Bill – SABC News

Communications and Digital Technologies Minister Solly Malatsi has defended his decision to withdraw the SABC Funding Bill, saying all required processes of parliament were followed. The bill suggests a delayed

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Striking staff urged to keep Mpumalanga tourist sites operational – SABC News

The Mpumalanga Department of Economic Development and Tourism has called on employees of the Mpumalanga Tourism and Parks Agency who are on strike not to disrupt operations at tourist sites.

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Govt. should consider wealth tax instead of increasing VAT: Malema – SABC News

EFF leader Julius Malema says that government should consider a wealth tax instead of increasing Value Added Tax. Parliament is set to vote for the budget next month, after it

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INFOGRAPHIC: Eskom struggles to keep up with peak demand – SABC News

Eskom implemented Stage 2 loadshedding on Wednesday evening after announcing that the power utility had lost five generating units. The latest data from Eskom shows that the power utility struggled

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NAFCOC believes registration won’t stop rapid increase in spaza shops – SABC News

The National African Federated Chamber of Commerce and Industry (NAFCOC)’s President Glibert Mosena says government’s registration drive is not the solution for rapid increase of spaza shops in the country.

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Energy expert warns South Africans of risk of further load shedding – SABC News

Energy Expert Ruse Moleshe has warned citizens that the risk of rolling blackouts still remains. This follows Eskom implementing stage two load shedding on Wednesday that was suspended at 5am

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Repo rate remains unchanged at 7.5% – SABC News

The South African Reserve Bank has kept the repo rate unchanged at 7.5%. The prime lending rate remains at 11%. Central bank governor Lesetja Kganyago says inflation has edged slightly

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