Malusi Gigaba resigns as MP
Former Home Affairs Minister Malusi Gigaba has resigned as a member of Parliament, Parliament spokesperson Moloto Mothapo has confirmed. He quit as a Cabinet minister earlier this week.
ANC study group ‘shocked’ by murder, dumping of SANDF soldier
The African National Congress (ANC) study group on defence and military veterans on Monday said it was "shocked" by reports of the burnt body of a defence force member being found in a car boot. The South African National Defence … Read More
South Africa’s treasury schedules June 24 for coronavirus budget To download a copy of the special adjustment budget guidelines, click here
South Africa’s National Treasury on Wednesday said it would table a new budget on June 24 to ratify plans for a R500-billion stimulus package aimed at easing the economic impact of the coronavirus outbreak. ""A revised fiscal framework will also be presented, … Read More
South African wealth tax could raise R160bn, study shows
An annual wealth tax on the net worth of South Africa’s richest people could raise as much as R160-billion and would narrow inequality in a nation where the most affluent 1% of the population own 55% of personal wealth, a … Read More
Research body highlights surge in food inflation last month
Last month saw higher food inflation than expected, the Bureau for Food and Agricultural Policy (BFAP) has reported. South African food inflation came to 6.9% in August (in year-on-year terms), continuing a rising trend that started in February. Last month’s … Read More