Latest News & Developments
government debt
Austerity: A club to bludgeon the poor
If the ANC blindly continues with austerity it will be removed from power. We do not have a left party and will not have one for as long as the SACP and Cosatu remain tied to the ANC and Numsa and Abahlali baseMjondolo do not work towards building an inclusive mass-based left project.
Gauteng public schools owe close to R300 million to municipalities, DA demands accountability
The Democratic Alliance (DA) in Gauteng has voiced concerns over the revelations by Gauteng MEC of Education Matome Chiloane that public schools owe over R262 million to municipalities, which it said is affecting municipalities in providing services to residents.
City of Tshwane‘s financial woes deepen as residents and businesses owes over R24 billion
Gauteng MEC of Finance Lebohang Maile has expressed concern over City of Tshwane’s ineffective credit control policy, following his revelation that the cash-strapped metro is owed over R24 billion by residents and businesses.
‘Give me 100 days’: Tshwane mayor outlines her plan to deliver services
Moya underscored the need for reliable services, acknowledging residents’ concerns over outages. Despite budget constraints, she plans to enhance project management for suspended infrastructure projects.
2024 MTBPS: South Africa's political parties respond with mixed views
South African political parties have expressed mixed reactions to the 2024 Medium-Term Budget Policy Statement (MTBPS) delivered by Finance Minister Enoch Godongwana on Wednesday, October 30
Urgent action needed: DA backs minister on Gauteng's water crisis solutions
In a recent virtual meeting of Parliament’s water and sanitation committee, the Democratic Alliance (DA) expressed strong agreement with Water and Sanitation Minister Pemmy Majodina regarding the pressing water crisis in Gauteng
Mixed reactions from political parties and unions as inflation falls to 3. 8%
Inflation in South Africa falls to 3. 8%, sparking debate among political parties over the effectiveness of monetary policy and economic strategy.
Committee urges action on Gauteng’s water crisis as municipal failures mount
Gauteng faces a severe water crisis as municipalities fail to manage infrastructure and conservation efforts, prompting urgent government intervention.
EFF calls for immediate action from Cogta Minister to combat Gauteng's water crisis amid Rand Water warnings
With water levels critically low, the EFF insists on a detailed action plan from the Cogta Minister Velenkosini Hlabisa to mitigate the looming crisis in Gauteng.
DA blames Lesufi and Mamabolo for Emfuleni’s financial crisis, amid R8 billion Eskom debt
Msimanga said the party is calling for the immediate dispatch of provincial financial experts to assist the struggling municipality with managing its finances.
Outa disappointed Gauteng allowed itself to be roped into paying debt to Sanral
The Gauteng Provincial Government paid its first instalment of R20 billion debt to Sanral earlier this week.
Sanral welcomes e-toll payment by Gauteng provincial government
The provincial government will be paying R12 billion on the actual debt, R4 billion on the interest incurred, and R4 billion on maintenance, totalling R20 billion in debt.
Herman Mashaba highlights service delivery and debt issues in his article on DA in Tshwane
Herman Mashaba discusses the problems of service delivery and rising debts in Tshwane, criticising the DA's leadership and calling for necessary reforms.
Eskom’s planned tariff hikes set off heated debate in Parliament
The Democratic Alliance (DA) has addressed Parliament regarding Eskom's proposed 40% electricity tariff hike set to take effect next year.
Eskom attaches Emfuleni Municipality’s bank accounts to recover R8 billion
Eskom has attached Emfuleni Municipality's bank accounts in a bid to recover R8 billion in arrears.
eThekwini Municipality’s bold move to scrap debt of the deceased and insolvent estates
Families owing the council monies for deceased properties have been thrown a lifeline.
Delmas schools delay reopening due to ongoing water crisis
The community of Delmas, Victor Kanye Local Municipality, has been severely affected by a disruption in water supply.
Public Procurement Bill ‘deficient and dangerous’, says civil society
The Procurement Reform Working Group (PRWG) says the Public Procurement Bill as it stands is deficient and, if passed by both houses of Parliament, is potentially disastrous for our country.
Salga welcomes Eskom debt relief plan for municipalities
The arrangement would see municipalities’ debt being written off over a three-year period provided that certain conditions were met including increasing revenue collection and fast tracking the implementation of smart meters.
Opposition parties left fearful of South Africa’s future after Godongwana’s ‘bleak’ mini-budget
Opposition parties say Finance Minister Enoch Godongwana’s MTBPS failed to present a vision or pathway to get through the economic crisis.
EFF rejects government budget cuts, labels it nonsensical
The EFF said Finance Minister Enoch Godongwana did not propose any tangible plans to support measures to grow the economy.
DA says Godongwana’s budget reflects a government that does not care
The DA’s Shadow Minister of Finance and Member of Parliament, Dr Dion George, said the MTBPS was clearly a budget for the ANC that did not care for the people of South Africa.
Education, health and security services saved from budget slash as Godongwana announces additional funding for those sectors
While budget cuts were expected in these critical sectors, Finance Minister Enoch Godongwana said they would not compromise on the work done by security agencies, health, education, and social development.
Sassa offices across the country owe millions in outstanding municipal bills
The South African Social Security Agency (Sassa)’s Durban District office hasn’t paid its rent for over five years and owes the municipality over R6-million.
Energy Chamber head says promises made at US-Africa Leaders Summit must be kept
Africa’s Energy Sector is in need of practical, and not reactionary, solutions at the US-Africa Leaders Summit in Washington DC, says Nj Ayuk, executive chairman of the African Energy Chamber.