8 h. ago ‘Msiza influenced municipalities to invest in the now defunct VBS’

Msiza used his political power to influence municipalities to invest in the now defunct VBS.

Politics

29 h. ago OPINION: Strengthening collaboration between civic society and govt

Civil society plays a pivotal role in bridging gaps, raising awareness, and mobilizing resources

Politics

39 h. ago Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars

Former Finance Minister Nhlanhla Nene has cautioned that the National Treasury faces tough decisions to rein in government spending as it prepares to reintroduce the 2025/26 budget to Parliament next month. He believes the option of borrowing more money is no longer viable, given the country’s mounting debt burden. Government’s initial plan to raise R58… Read More »Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars The post Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars first appeared on iAfrica.

Events

39 h. ago Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit

President Cyril Ramaphosa has called for a fresh approach to tackle Africa’s persistent debt crisis, warning that half of African nations pay more to service their debt than they do on healthcare, education, and other key development priorities. Addressing the opening of the G20 Finance Ministers and Central Bank Governors’ meeting in Cape Town on… Read More »Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit The post Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit first appeared on iAfrica.

Politics

62 h. ago Debt sustainability is SA’s key focus at G20 Finance Track meetings

Ramaphosa says debt sustainability for developing economies remains one of the priority for SA.

Politics

3 d. ago Kganyago says prudent economic policies needed to manage our debt

The nature of the debt "affects the risk premium the South African Government has to pay."

Economics

3 d. ago Technical teams working to restore lost units to grid: Ramokgopa

Ramokgopa says teams are hard at work to deal with loashedding.

Politics

3 d. ago N West residents plead with govt to fix roads after heavy rains

N West residents are asking government to fast-track road repairs after the recent heavy rains.

Politics

3 d. ago SACP calls for urgent consultation on 2025 budget alternatives

The SACP also urged govt to allocate more resources to SARS and opposes a proposed VAT hike.

Politics

4 d. ago Polokwane municipality says water shortage due to load shedding

Selala says water levels are low at Ebenezer scheme, Seshego dam, and Olifantsproot water plant

Politics

4 d. ago NSFAS working to settle student accommodation debt: Manamela

Manamela says they are working with NSFAS to ensure that all student accommodation debt is settled.

Politics

5 d. ago Eskom’s aggressive maintenance plan leaves little headroom: Ramokgopa

Ramokgopa says the generation capacity that they had was sufficient to meet the demand.

Politics

5 d. ago Minister Ramokgopa Apologizes as Stage 6 Load Shedding Returns Following Major Power Station Failures

Minister of Energy and Electricity, Dr. Kgosientsho Ramokgopa, offered a public apology to South Africans on Sunday morning as the country once again faces Stage 6 load shedding. Speaking at a media briefing in Pretoria, Gauteng, Ramokgopa acknowledged the frustration felt by citizens and businesses nationwide. “Please accept our sincerest apologies. With the greatest level… Read More »Minister Ramokgopa Apologizes as Stage 6 Load Shedding Returns Following Major Power Station Failures The post Minister Ramokgopa Apologizes as Stage 6 Load Shedding Returns Following Major Power Station Failures first appeared on iAfrica.

Politics

5 d. ago Eskom needs to shift focus to smaller power stations: Yelland

Yelland says there has been some progress which was seen last year.

Politics

5 d. ago Stellenbosch SRC ends class boycott over student debt, accommodation

SRC says they've reached agreement with the university to resume classes.

Politics

5 d. ago ‘Maintenance, failure of some units blamed for current load shedding’

Ramokgopa ruled out sabotage as a cause for the rolling blackouts.

Politics

5 d. ago VBS depositors outraged over prioritised municipalities reimbursement

VBS depositors are angered that municipalities are getting preferential treatment.

Politics

6 d. ago Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge

Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the IMF has underestimated the positive impact of increased gold and coffee exports on Ethiopia’s financial recovery. The bondholder committee, which owns 40% of the debt, claims that the IMF’s projections… Read More »Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge The post Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge first appeared on iAfrica.

Politics

7 d. ago Eastern Cape govt plans to employ 2.4 million people by 2030

Eastern Cape Premier Oscar Mabuyane says there are plans to increase employment to 2,4 million.

Politics

7 d. ago AfDB Predicts Stronger Growth for the African Economy in 2025

The African Development Bank (AfDB) has forecasted a 4.1% growth rate for Africa in 2025, up from the 3.2% recorded in 2024. According to the organization, the growth will be driven by economic reforms across multiple nations, easing inflationary pressures, and better debt management. South Sudan is projected to have the most growth, with a… Read More »AfDB Predicts Stronger Growth for the African Economy in 2025 The post AfDB Predicts Stronger Growth for the African Economy in 2025 first appeared on iAfrica.

Politics