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9 Jul 24
Unity government and lawmakers aim for stability
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5 Sep 23
The South African government is set to close the department that oversees state companies and launch a new holding company to improve management.
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14 Jun 23
The South African government is set to rubber stamp reforms that could pave the way for universal healthcare ending a two-tier system.
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30 May 23
Potential sanctions linked to South Africa’s position on Russia could push the country into a financial crisis, its central bank has warned.
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14 Apr 23
South Africa wants to mobilise 2trn rand (£88bn) of investment in the next five years, hoping to spur development in the country whose economy has been beleaguered by corruption, crime and government...
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4 Apr 23
The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
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10 Jan 23
The BRICS group of countries should expand to include more members from the Global South, including many in Africa, South Africa’s ruling party has said as the government begins its year-long...
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24 Oct 22
A fresh attempt has been made to end graft in South Africa’s institutions.
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22 Sep 22
Poor government leadership has left South Africa rife with corruption and with high poverty, crumbling infrastructure and human rights abuses, a pressure group has said.
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8 Jul 22
South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
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24 May 22
A South African government body has said it does not have the money to meet union demands for a pay rise, and encouraged its staff to be grateful for being employed at all.
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17 May 22
A deal between South Africa and some of the world’s richest countries, hailed as a potential blueprint for future climate finance, is still under negotiation more than seven months after being...
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28 Apr 22
South Africa’s ruling African National Congress party is reportedly looking to sell or close some of its state-owned enterprises after they were “destroyed” by a decade of corruption.
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4 Mar 22
Government officials in South Africa were paid millions of pounds in brides to award more than £100m of contracts to an outsourcing company, according to a corruption inquiry.
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25 Feb 22
South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
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15 Feb 22
South African president Cyril Ramaphosa is set to accelerate reforms to modernise electrical supply and broadband, in a bid to reverse record high unemployment.
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3 Feb 22
A rail subsidiary of the South African government paid out billions in contracts to companies linked to a family with close ties to former president Jacob Zuma, according to a corruption inquiry.
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27 Jan 22
South African officials failed to follow procurement rules when buying personal protective equipment at the beginning of the Covid-19 pandemic, representing a “complete breakdown” of the system,...
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6 Jan 22
Former South African president Jacob Zuma was under “considerable influence” from private bodies during his tenure, leading to rampant corruption, according to the preliminary findings of a landmark...
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12 Nov 21
South Africa’s finance minister has signalled that he will not boost welfare spending in next year’s budget despite recognising the part inequality played in devastating riots several months ago.
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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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6 Oct 21
South Africa’s national bank has signalled that inflation risks mean that it is likely to raise interest rates.
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24 Sep 21
Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
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13 Aug 21
South African president Cyril Ramaphosa has told politicians that corruption which has plagued the African National Congress poses an “existential threat”, after his predecessor Jacob Zuma was jailed...
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6 Aug 21
Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.