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    The fund says it would be wrong to dismiss R250bn Eskom bailout proposal without all the facts.

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    Questions around the fund's scope & mandate remain unanswered, writes Dr. Malan Rietveld.

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Economy

Hefty jail sentence for Cape tax fraudsters as SARS tightens the screws

Feb 21 2020 18:26

Two Cape Town businesspeople have been sentenced to 16 and 17 years direct imprisonment for 487 counts of tax fraud, racketeering, money laundering and corruption, SARS said on Friday.

South Africa

Ramaphosa: SA is winning over investors on infrastructure plans

Feb 20 2020 19:06

President Cyril Ramaphosa told Parliament on Thursday afternoon that investors, including the finance industry, had responded enthusiastically to government's renewed commitment to investing in infrastructure announced in his SONA last week.

Budget 2020

'They stole most of the ANC's ideas.' Mboweni attacks EFF leaders

Feb 20 2020 11:24

Minister of Finance Tito Mboweni took to social media networking site, Twitter, Thursday morning to drop a slice of insight about an envisioned state-owned bank, saying that he will share more details about this in his budget speech next week.

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Labour

Unions underwhelmed by minimum wage adjustment

Feb 20 2020 06:56

Labour unions have expressed disappointment at what they call an insufficient increase to the national minimum wage, saying the adjustments won't be enough to dent poverty levels among the lowest earners, given the increasing cost of living.

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