Category Archives: Business & Economy
President Jacob Zuma’s salary increase has been approved, even after opposition parties fought against it, EWN reports.
In January, the Independent Commission on the Remuneration of Public Office Bearers recommended a 5% increase for all office bearers, including the president, deputy president, ministers, deputy ministers and members of parliament, and came before the National Assembly on Thursday for approval.
R22m budget for Eskom inquiry
Parliament – R22 million has been allocated for multi-national law firm Denton’s three-month inquiry into Eskom’s financial woes, Public Enterprises Minister Lynne Brown said on Monday.
“The costs have been capped at R22 million,” the minister said in response to a written parliamentary question by the Freedom Front Plus.
THE production of a 50-page document by Police Minister Nathi Nhleko, in which he effectively overturns the 450-odd pages Public Protector Thuli Madonsela took to arrive at her conclusion that President Jacob Zuma had unlawfully benefited from the Nkandla security upgrades, raises many profound questions of law and democratic order.
President Jacob Zuma claims that 34% of households had access to electricity in 1994. Available data suggests he is wrong. By 1994 it was about 50%.
As the lights flicker on and off in South Africa, government has come under increasing pressure to resolve and account for the “electricity crisis”.
‘Radical economic transformation’ is the mantra South Africans will hear more and more as the political climate heats up and the contestation for power escalates.
All the parties and politicians exclaiming this slogan explain that this drastic action is necessary because the levels of poverty and unemployment are far too high, too few have a real stake in the economy and the inequality in society is dangerous.
In a bid to make amends for his controversial land reform policy, Zimbabwe President Robert Mugabe is set to collect land rentals from new black farmers to help compensate white farmers whose land was seized by his government.
Ernst Roets says we need to weed out double standards from our discussions of past and present
Flip Buys recently wrote that Afrikaners need to take a stronger stand against the criminalisation of their history. Of course, this is a taboo subject and any person who dares to contextualise apartheid, receives the label of racist.
President Jacob Zuma has claimed the US African Growth and Opportunity Act (Agoa) is “all systems go”, but there is growing uncertainty over its renewal.
South Africa’s inclusion in the agreement, which governs duty- free trade between the US and sub-Saharan Africa, is shaky.