[ad_1] Buthelezi said he sent a quote for R87m. “Then I get an engagement letter [of] R873m. So I look at this, I’m not impressed anymore. “The number is staggering and business-friendly. But I couldn’t understand the numbers because we were talking about a few hundred thousand to a million …
Read More »Government to help fund SAA rescue
[ad_1] The South African government will provide seed funds to cover certain restructuring costs for the country’s insolvent airline, Public Business Minister Pravin Gordhan said. South African Airways needs around R10.5 billion ($ 650 million) to restart. Funds are needed for workers’ compensation packages, to pay creditors and cover operating …
Read More »SA Rugby puts Southern Kings into voluntary liquidation
[ad_1] SA Rugby President Mark Alexander said it was time to “reconsider” a “suitable and viable” rugby project for the Eastern Cape province. JOHANNESBURG – The South Kings have been put into liquidation due to a 55 million rand debt, South African Rugby announced on Saturday. Like the Central Cheetahs, …
Read More »Free Laptops Corruption Delays and Allegations for South African Students
[ad_1] A canceled R3.75 billion tender for laptops sponsored by the Department of Higher Education, Science and Technology is in the limelight due to numerous delays and controversies, reports City Press. In May, Minister Blade Nzimande commissioned advisor Nqaba Nqandela to lead a task force that would urgently purchase 750,000 …
Read More »What to expect from South Africa’s new international travel list: minister
[ad_1] The government faces a balancing act in selecting the countries that will be allowed to travel to and from South Africa under the new level 1 blockade. High-level government sources have told the sunday time There are serious discussions about which countries to allow travel and which to place …
Read More »Mysterious shrouds ‘hit’ the police of the Anti Gang Unit Charl Kinnear
[ad_1] By Shanice Naidoo 12h ago Share this article: SharecheepShareShareShareE-mailShare Cape Town – A veil of secrecy surrounds the fatal shooting of the Anti-Gang Unit section commander, Lt. Col. Charl Kinnear, who was killed outside his home in Bishop Lavis. The 52-year-old man had been working on several high-profile investigations …
Read More »Southern Kings company enters voluntary liquidation
[ad_1] SA Rugby President Mark Alexander during the South African national rugby team arrival press conference at OR Tambo International Airport on November 5, 2019 (Photo by Sydney Seshibedi / Gallo Images) The Southern Kings franchise has been put into voluntary liquidation. Currently, the franchise has debts of 55 million …
Read More »Russia’s top space official tried to claim that the planet Venus belongs to the Kremlin
[ad_1] An image of Venus and its thick clouds taken by NASA’s Mariner 10 mission during a planetary flyby on February 7-8, 1974. The director general of the Russian space corporation Roscosmos stated this week that Venus is a “Russian planet.” “Resuming the exploration of Venus is on our agenda. …
Read More »Gordhan: SA government will provide seed funding for SAA
[ad_1] SAA needs around R10.5 billion to restart. (Yunus Mohamed / Photo24) The government will provide seed funds to cover certain restructuring costs for SAA, says Public Enterprise Minister Pravin Gordhan. SAA needs around R10.5 billion to restart, for workers’ compensation packages, to pay creditors and cover operating costs. Ethiopian …
Read More »An additional buyback rate cut will be discussed at the next MPC
[ad_1] By Siphelele Dludla September 18, 2020 Share this article: SharecheepShareShareShareE-mailShare JOHANNESBURG – The South African Reserve Bank on Thursday left the door open for a final rate cut before Christmas after two members of the Monetary Policy Committee (MPC) voted in favor of a 25 basis point rate cut. …
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