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1-10 results from 330 for query «metros»

24 October 2018 1:53 PM SA sees expanded municipal bonds spreading debt burden

South Africa is working on policy and regulatory reforms to make it easier for municipalities to borrow in capital markets to finance infrastructure projects, said the National Treasury. About half of infrastructure spending by large cities is funded by national government, withmost of the rest coming from revenue raised locally, the Treasury said in the mid-term 88

28 August 2018 4:52 AM Maimane to address media on Athol Trollip motion of no confidence

DA leader Mmusi Maimane is expected to brief the media after the apparent removal of Athol Trollip as mayor of Nelson Mandela Bay. While it was said that the UDM's Mongameli Bobani was elected as his replacement, the Eastern Cape DA was adamant on Monday evening that Trollip was still executive mayor. Speaker Jonathan Lawack was also removed on Monday 59

21 June 2018 8:30 PM Further energy woes as only one top defaulting council gets energy grant

Cape Town – Municipalities which owe Eskom millions for electricity are not only battling to pay back their debt, but are also missing out on a grant which would allow them access to funding for energy billing and green energy solutions. Only one of the top 10 defaulting municipalities which owe Eskom millions for electricity is taking advantage of the assistance 108

28 May 2018 5:02 PM SA blew golden opportunity post-SWC 2010

Cape Town - Former Bafana Bafana defender Matthew Booth says South Africa did not take advantage of the “football euphoria” after the 2010 Soccer World Cup. FIFA gave the country a cash boost of R685 million after the tournament, with R137 million used to build the South African Football Association (SAFA) an office next to the FNB Stadium in Johannesburg 34

14 December 2017 4:00 AM PICS: Clifton villa sold for R120m

Cape Town - A house in Cape Town's Atlantic Seaboard suburb of Clifton has been sold for R120m. The property is situated on the slopes of Lion’s Head in Nettleton Road, which is regarded as one of the most expensive residential streets in South Africa. The deal was concluded by Dogon Group Properties and the buyer is South African. According to Denise 139

04 November 2017 5:00 AM Ethics wane as audit executives feel loss of independence

This is one of the findings of the fifth annual 2017 corporate governance index by the Institute of Internal Auditors of South Africa (IIA SA) released on Wednesday. The survey reflects the views of 281 chief audit executives on the state of corporate governance in South Africa. Only 53% of chief audit executives in both public and private sectors said that ethics 90

24 October 2017 6:35 AM MTN gets more money from fewer customers

MTN lost subscribers in most of its key markets in the September quarter, but raised its average revenue in local currencies from those who remained. Measured in rand, however, the mobile network operator’s total revenue declined by 13.4%, it said in a quarterly operating update on Tuesday morning. Its largest market, Nigeria, saw customer numbers fall 5.2% to 50.3-million 45

26 September 2017 6:26 PM ANC's bid to debate vote of no confidence in Mashaba, Da Gama struck from roll

Johannesburg - South Gauteng High Court Judge Sidwell Shangisa has struck from the roll the ANC's bid to have a motion of no confidence in Mayor Herman Mashaba and speaker Vasco da Gama debated before council due to lack of urgency. He ordered the ANC to pay the legal costs of both Mashaba and Da Gama. The ANC has since vowed to approach the Constitutional 29

07 September 2017 12:06 PM Zuma losing popularity among city residents

Johannesburg - A new poll shows that President Jacob Zuma's performance approval has dropped among South Africans in metropolitan areas. In the latest poll by research company Kantar TNS, only 18% of South Africans living in metros feel that Zuma is doing a good job as president. "In this latest survey, we see that only 18% of South Africans living in metropolitan 40

07 September 2017 6:19 AM DA not guaranteed EFF vote

Pretoria - Economic Freedom Fighters leader Julius Malema has said that the party can no longer guarantee that it will vote with the Democratic Alliance. Malema's comments came after EFF's boycott of municipal council meetings in DA-led metros which was sparked by the removal of Nelson Mandela Bay Deputy Mayor Mongameli Bobani of the United Democratic 168