24.5.2019 09:43 pm
A full council is expected to adopt the draft budget of R50.8 billion next week.
The civil action group Organisation Undoing Tax Abuse (Outa) said on Friday it believed eThekwini Municipality's multi-year rates increases in the current draft budget were unsustainable.
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In March, Nersa granted the power utility an average price increase of 9.41%.
The Reserve Bank governor says there are numerous pressures on inflation, but it will still decline slowly for the next three years, as it has since 2017.
South African Express (SAX) said on Thursday it was preparing to lay fraud and corruption charges against some of its former executives.
eMedia Holdings owns a 67.69 percent interest in eMedia Investments, the company that owns e.tv, eNCA and Openview.
Accounting firm PwC said on Wednesday it had appointed Shirley Machaba as its new chief executive officer for southern Africa effective from July 1, the first black African woman to be appointed in this role.
Work is underway to align legislation, regulation and information-sharing across the region regarding the oversight of auditors and accountants.
The 7.4% rise in transport costs have had an impact on the prices of all other categories of goods and services, as just about everything needs transport to reach consumers.
Choppies did not say why it suspended Ramachandran Ottapathu, but the move comes as legal and forensic investigations take place at the company.
The latest revision to the budget is much pricier than the initial $8.9 billion shareholders expected when the project started in October 2014, but Sasol remains confident.
Firm is opposing the liquidation and argues it doesn’t owe the money claimed.
At least 69 NUM members staged an underground sit-in at No. 7 Shaft on Saturday morning, demanding an eight percent salary increase.
Sandile Zungu, BBC president, said that they were confident that Ramaphosa will also focus on ensuring that the era is free from state capture and corruption.