Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «municipalities»

26 November 2018 2:44 PM West Rand municipality strike enters 5th week

The strike over salaries and other benefits by disgruntled West Rand District Municipality workers entered its fifth week on Monday, with no end in sight. The strikers remain steadfast that they will only return to work once their benefits have been fully paid, with interest. The municipality had invested R77m into the now liquidated VBS Mutual Bank, despite 23

17 November 2018 1:19 PM Activists say they have had enough of paying to protest

Dozens of people marched from John Ross Park to the Johannesburg City Council in Braamfontein on Friday morning, to protest the municipality’s charging of fees to protest. R2K demanded that the municipality stop charging fees for protests immediately. The group demanded the right to give notice of a protest any day of the week, in person, on paper or digitally 39

07 November 2018 2:17 PM Eskom consulting executives on possible job cuts

State-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output. Eskom’s board has approved 60 days of consultations that need to precede potential job cuts under section 189 of the country’s Labour Relations Act, the Johannesburg-based 26

02 November 2018 8:56 AM Limpopo govt backs municipalities in their handling of VBS saga

The Limpopo provincial government has given the thumbs up to municipal councils that have suspended or dismissed officials responsible for investing millions of rand with the almost defunct VBS Mutual Bank. Economic Development and Environmental Affairs MEC Seaparo Sekoati told the media on Thursday, that the provincial cabinet supported the municipalities 55

28 October 2018 1:01 PM Mogajane met with boss of VBS shareholder, Sunday Times reports

National Treasury director general Dondo Mogajane was invited to the private home of Vele Investments executive chair Tshifhiwa Motodzi before the collapse of VBS Mutual Bank, Sunday Times reported on Sunday. According to the Sunday Times report, Mogajane was “summoned” to Motodzi’s home in Johannesburg to discuss the bank in October last year. The weekly 30

26 October 2018 6:26 AM Government says it will protect the little man in VBS fallout

Among his last written replies to questions from Members of Parliament, former minister of finance Nhlanhla Nene said any government guarantee to facilitate payment to VBS Mutual Bank would apply to deposits from ordinary clients and not to municipalities and companies. The reply, dated 24 August 2018 for publishing, was released by Parliament on Thursday 29

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 59

21 October 2018 10:38 AM Gungubele: Rescuing VBS would send message that 'criminals can steal' and state will bail out

Deputy Finance Minister Mondli Gungubele has cautioned against a bailout of VBS Mutual Bank, saying rescuing the bank would send a message that “criminals can steal” and the state would pay, according to a Sunday Times report. Some MPs in the African National Congress (ANC) caucus have argued that government must step in to save the beleaguered bank, just as it did with African 31

18 September 2018 4:02 AM Mauritania's ruling party wins majority parliament

Mauritania's election commission says the west African nation's ruling party has won a majority of seats in a second round of legislative, municipal and regional elections. The election commission said on Monday that the Union for the Republic now has 93 of 157 seats on the National Assembly. It also won control of all of the regional councils and 169 of 219 municipalities 34

13 September 2018 10:26 AM Philippines starts massive evacuations as huge typhoon nears

Philippine officials have begun evacuating thousands of people in the path of the most powerful typhoon this year, closing schools and readying bulldozers for landslides. Typhoon Mangkhut, considered as the strongest and most massive so far this season, could hit northeastern Cagayan province on Saturday. It was tracked on Thursday about 725km away in the Pacific 43