South African economy | Fin24
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South Africa

SARS seizes R1.3m of fake Nikes, Bok jerseys

Oct 12 2019 12:18

A total of R1.3m worth of counterfeit goods were seized at Rawsonville weigh bridge near Cape Town yesterday, including several hundred Springbok rugby jerseys.


Parly slams SA weather service over R68m budget shortfall as suspended CEO remains on full pay

Oct 11 2019 09:26

Parliament's Portfolio Committee on Environment, Forestry and Fisheries has slammed the South African Weather Service for receiving a qualified audit opinion for the 2018/2019 year.

South Africa

Mantashe confident South Africa will have a new energy plan by next week

Oct 10 2019 10:35

At Thursday’s Oil and Power Conference, Minister of Mineral Resources and Energy Gwede Mantashe said he briefed the Cabinet Committee on the latest version of the document.

South Africa

South Africa now more competitive than India – WEF rankings

Oct 09 2019 10:32

South Africa’s competitiveness regained momentum after 'the recent political landscape shift', but it scored low on security and government's ability to change.


Audit reports read like an SOS from SOEs, Parliament hears

Oct 09 2019 05:00

Irregular expenditure among the entities under the Department of Public Enterprises went from R31.4bn in the 2017/18 financial year to R86.2bn in the 2018/19 financial year.



Treasury entities' irregular spend reaches R1bn

Oct 08 2019 22:15

The state entities which fall under National Treasury incurred a combined R1bn in irregular expenditure in the 2018-19 financial year - with the biggest contributors being SARS and Treasury itself.

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