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22 October 2014
Breaking News
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22 Oct 2014
Eskom to receive R20bn injection, but no other SoC bailouts
Finance Minister Nhlanhla Nene confirmed a further direct allocation to power utility Eskom of at least R20-billion. But he also stressed on Wednesday that the injection would have no impact on the...
Updated 9 minutes ago
Govt to table procurement review in November
Government’s plans for reining in the country’s public procurement would be outlined in the Public Procurement Review, which will be published next month. Finance Minister Nhlanhla Nene told...
Updated 9 minutes ago
Treasury freezes public positions to curb expenditure
National Treasury this week froze the public personnel headcount and embarked on a review of funded vacancies in an effort to curb State spending and re-establish a sustainable foundation for the...
Updated 9 minutes ago
‘Fastest-growing’ programmes to be fast-tracked, as expenditure ceiling is cut
Government aimed to fast-track certain “fast-growing” infrastructure programmes, despite cutting back on expenditure over the next few years, the 2014 Medium Term Budget Policy Statement (MTBPS)...
Updated 9 minutes ago
Spending ceiling lowered, taxes to be raised as Nene holds fiscal consolidation line
Fiscal consolidation could no longer be postponed, Finance Minister Nhlanhla Nene told lawmakers on Wednesday, while also announcing a R25-billion lowering of the expenditure ceiling and flagging...
Updated 12 minutes ago
Tanzania to hold referendum on new constitution in April 2015
Tanzania will hold a referendum in April on a new constitution, its Attorney-General said on Wednesday, angering opposition parties which boycotted the drafting process and reject the draft...
Updated 1 hour 16 minutes ago
Red Cross head says Ebola travel bans 'irrational'
Closing borders will not effectively curb Ebola infections, the head of the Red Cross said on Wednesday, amid debate over whether bans on travel from hardest-hit African countries would help combat...
Updated 1 hour 19 minutes ago
J&J aims for 1m Ebola vaccine doses in 2015
ebola vaccines
Johnson & Johnson is accelerating work on its experimental Ebola vaccine and aims to produce one-million doses next year, 250 000 of which are expected to be available by May. There is currently no...
Updated 1 hour 23 minutes ago
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