Author: Agency

President Cyril Ramaphosa says the achievements by Operation Vulindlela demonstrates the commitment of government to implementing reforms that are necessary to inject growth into the economy and gain investor confidence. The President said this in his weekly newsletter to the country as government is today set to release an update report on the work of Operation Vulindlela for the first quarter of 2022. The report will outline the progress made by Operation Vulindlela and the departments responsible for these reforms. The President encouraged those who continue to raise concerns about the slow pace of reform to read the latest report.…

Eskom says stage two load shedding was implemented due to depleted capacity caused by generator breakdowns, power station trips, the slow return to service of units, as well as higher demand for electricity as the colder weather starts to settle in. As a result of these factors, the power utility was unable to feed the entire demand for electricity on Tuesday. Eskom Chief Executive Andre de Ruyter told a media briefing on Wednesday that the electricity supplier is working to ensure that load shedding is suspended as soon as it is possible to do so. He explained that the power…

The Government Employees Pension Fund (GEPF) and the Public Investment Corporation (PIC) have signed a new unlisted developmental investment mandate. The GEPF is the largest pension fund in Africa, with assets in excess of R2.1 trillion, which are managed by the PIC. The GEPF first introduced the unlisted developmental investment mandate in 1997 under the name Isibaya Fund and subsequently renewed it over the years. The developmental investment funds are aimed at generating financial and socio-economic benefits by addressing structural imbalances in the economy to facilitate transformation, economic growth, job creation, and environmental and financial returns. The developmental mandates focus…

President Cyril Ramaphosa says government is doing everything in its means to ensure that the current load shedding experienced by the country becomes a thing of the past. In his weekly newsletter to the nation, the President empathised with South Africans experiencing constant blackouts saying government is determined that this should not continue to be a part of their lives into the future. “It is difficult and unacceptable for South Africans to endure load shedding. But we are doing everything in our means to ensure that, like state capture, it soon becomes a thing of the past,” the President said.…

The South African Post Office (Sapo) has warned customers of fraudulent emails that are designed to make the receiver pay money into a scam account. The emails, which appear to originate from the post office, are titled: “Your package could not be delivered” and states that a package can only be released once a clearance fee has been paid and include a link. “Should the receiver click on the link, a page called Bureau de Poste d’Afrique du Sud opens, requesting payment to ‘release’ the fictitious parcel. The official language of communication for the Sapo is English and no communication…

The National Institute for Communicable Diseases (NICD) has reported at least 3 222 new COVID-19 cases in the country over the past 24 hour reporting period. The new cases represent a positivity rate of some 16.7% – bringing the cumulative number of cases in the country to more than 3.7 million since the outbreak of the pandemic. The provincial breakdown for new cases is as follows: Gauteng leads the pack with 1727 new cases KwaZulu-Natal follows with at least 818 new cases In the Western Cape, 333 new cases were recorded Some 83 new cases were recorded in Mpumalanga In…

Higher Education, Science and Innovation Minister, Dr Blade Nzimande, says he is pleased with the implementation of the Fourth Industrial Revolution (4IR) interventions within the post school education and training sector. This follows recorded partnerships and progress by universities, colleges and Sector Education and Training Authorities (SETAs) in advancing 4IR interventions within the sector. He said the Department of Higher Education and Training has collaborated with CISCO and Huawei to align the existing Technical Vocational Education and Training (TVET) colleges’ curriculum with industry demands in the digital skills area. “Under the CISCO agreement, at least 300 lecturers are being trained…

Eskom says after making some ground in recovering generation capacity, it may lift all stages of load shedding on Friday evening. The power utility has been battling generation unit failures throughout the past week, which have tipped the country into the more stringent stage four load shedding – dropping down to stage three on Wednesday evening. Eskom CEO Andre de Ruyter said the power utility is recovering some of the lost capacity back into the system. “We were sitting way in excess of 16 000MW of unplanned losses earlier in the week, so the system is recovering. We are seeing some…

President Cyril Ramaphosa has used his weekly newsletter to condemn anti-foreigner sentiments, and acts of vigilantism and assure citizens that the government is dealing with illegal migration in the country. This in the wake of recent protests in Diepsloot against alleged deficiencies in policing following several murders in the area. The protest turned violent and culminated in the murder of an alleged illegal migrant. “The events in the Gauteng township of Diepsloot last week were a tragedy. In the course of a single weekend, seven people were killed, sparking protests. This loss of life is deplorable, as is the killing…

South Africa has a “tremendous opportunity” to take the global lead in hydrogen and fuel cell production. This is according to Mineral Resources and Energy Minister, Gwede Mantashe, who was speaking at the Platinum Group Metals Industry Day held at the Johannesburg Country Club in Auckland Park on Wednesday. “The new global dispensation of green energy offers South Africa a rare and tremendous opportunity to become a global leader in the production of hydrogen, as well as fuel cells. This is primarily because South Africa holds nearly 80% of the world’s platinum reserves. It is the leading global supplier of…

Director-General, Dondo Mogajane, will leave the National Treasury in June after opting not to have his contract extended. “The Minister of Finance, Enoch Godongwana, hereby announces that the Director-General (DG) Dondo Mogajane, whose contract comes to an end on 7 June 2022, has elected not to extend his contract. The DG will leave the National Treasury on the expiry of his current contract to pursue new opportunities outside of the public sector,” said the Ministry of Finance on Thursday. Mogajane has served the National Treasury for 23 years of which the last five years have been as the Director-General. “Under…

The South African Medical Association (SAMA) says there is a need for intensive campaigning for more people to vaccinate against COVID-19, despite the lifting of the National State of Disaster (NSD). SAMA welcomed the lifting of the National State of Disaster by President Cyril Ramaphosa, describing it as a positive step for South Africa and the correct move forward for the country’s beleaguered economy. “Considering the decreasing number of COVID-19 cases in the country, ending the National State of Disaster is the appropriate step in government’s response to the pandemic. “SAMA supports the decision in the same way that it…

Operating hours at Home Affairs offices will extend to 18:30 this evening, after the department’s systems went offline nationwide on Friday. “The Department of Home Affairs wishes to inform members of the public that services at the department have been restored. The department and the State Information Technology Agency (SITA) have been able to fix the cable breakage that impacted service delivery on Friday,” said the department in a statement. Home Affairs Minister, Dr Aaron Motsoaledi, instructed the department to extend Monday’s operating hours in order to ensure that all clients that visited the offices on Friday are served. According…

President Cyril Ramaphosa says the turnaround of the South African Revenue Service (SARS) – from an inefficient revenue collector to hitting its highest margins in years – is proof that efficient and well-run state institutions can bolster trust between government and citizens. The President was addressing the nation through his weekly newsletter. Last week, SARS Commissioner Edward Kieswetter announced that the revenue collector had recorded a 25% increase in collections – reaching at least R1.5 trillion in revenue collection between April 2021 and March this year. “As we forge ahead with efforts to strengthen the capacity of the state and…

The government has noted and welcomed Moody’s decision to affirm South Africa’s long term foreign and local currency debt ratings at ‘Ba2’ and revise the outlook to stable from negative. The National Treasury on Friday said according to Moody’s, the key driver behind the decision to change the outlook to stable is the improved fiscal outlook that raises the likelihood of government’s debt burden stabilising over the medium term. “In addition, over the last two fiscal years, government has shown it was able to reprioritise its spending while staying committed to fiscal consolidation, which Moody’s expects will remain the case…

The Department of Transport has again extended the grace period for renewing expired driving licences to 15 April 2021. This comes as the deadline for the renewal of expired driving licences ended on 31 March 2022. In August 2021, Transport Minister, Fikile Mbalula, announced the extension of learner’s licences, driving licence cards, temporary driving licences, and professional driving permits for a grace period ending on 31 March 2022. This was part of government measures in response to the lockdown in the management of COVID-19. Updating the media on the deadline for the extension of licence validity in Midrand on Friday,…

At least 27 people alleged to be involved in a fraudulent passport syndicate have appeared in the Krugersdorp Magistrate’s Court on charges of corruption. National Prosecuting Authority (NPA) Gauteng regional spokesperson, Phindi Mjonondwane, explained that the alleged syndicate relied on South Africans selling their identities to them in exchange for a sum of money. “Law enforcement authorities received a tip-off about the alleged passport making syndicate that works with Home Affairs officials, to identify South Africans that are willing to sell their identities for R500. The SA citizen’s details would then be used to produce a passport for foreign nationals…

President Cyril Ramaphosa says South Africa is ripe with opportunities for among others, trade, investment and tourism. The President was addressing the South Africa Day celebrations at Expo 2020 Dubai in the United Arab Emirates where Team South Africa is presenting all of its goods and services to prospective consumers and investors. The visit to the country comes fresh after the SA Investment Conference nabbed at least R332 billion in investment pledges. “The benefits of doing business in South Africa are immense indeed. We have a strong and well-regulated financial, banking and taxation system, world-class IT infrastructure, and a range…

The national Department of Transport is well on track with the production of outstanding driving licence cards. In a statement on Thursday, the department said the bottleneck experienced between November 2021 and January 2022 will be cleared off by April 2022. The renewal backlog that was experienced due to the COVID-19 pandemic grace period will be cleared off by September 2022. The following regulation will apply in due course: motorists who apply to renew their driving licence cards before 31 March 2022 will have their driving licences valid for a further three months on condition that they are in possession…

Investors have once again affirmed South Africa as an attractive investment destination, as they have committed to investing in the country’s economy at the fourth South Africa Investment Conference (SAIC). With the many companies that made new investment commitments at this year’s morning session of the conference, which is currently underway on Thursday, President Cyril Ramaphosa said they do so because they see opportunity in the country. “Despite the impact of the [COVID] pandemic, by the time of the third South Africa Investment Conference in 2020, we had raised a total of R774 billion in investment commitments,” President Ramaphosa said.…

As South Africa continues along the path of reconstruction and recovery, President Cyril Ramaphosa has called on investors, entrepreneurs and business people to be a part of the journey. President Ramaphosa said that investors need to know that their investments are secure, that the operating environment is stable, and that they are supported by policy certainty and regulatory safeguards. The President said this when he addressed the fourth South African Investment Conference (SAIC) on Thursday at the Sandton Convention Centre, in Johannesburg. The President initiated the SAIC annual event in 2018 in an effort to secure domestic and inbound investment…

Breakdowns and shut downs at Eskom’s power stations has led to the implementation of Stage 2 load shedding. According to the power utility, at least seven units were affected – putting the power grid under severe pressure. “Medupi Unit 3 broke down, necessitating load shedding to be [implemented]…continuously until 5am on Wednesday. This adds to the multiple generating unit failures that occurred over the past 24 hours and has severely reduced available generating capacity. “Since [Monday] morning, a unit each at Matla, Kendal, Matimba, Kusile and Grootvlei power stations tripped, while a unit each at Arnot and Hendrina power stations…

Higher Education and Training Minister, Dr Blade Nzimande, has called on all employers to open their workplaces for the placement of Technical Vocational Education and Training (TVET) college students. In the same vein, the Minister urged employers to give workplace exposure to TVET college lecturers, so that they can train students in what is currently needed by industry. “The primary aim of these placements is to assist the transition of our young people from learning to working,” Nzimande said on Friday at a  briefing on learning and training opportunities provided through Sector Education and Training Authorities (SETAs). He reaffirmed the…

The National Skills Fund (NSF), in partnership with the Presidency, has allocated R100 million towards the Presidential Youth Employment Initiative, which will benefit 4 500 learners in the digital learning space. Briefing the media on learning and training opportunities provided through the Sector Education and Training Authorities (SETAs) on Friday, Higher Education, Science and Innovation Minister, Dr Blade Nzimande, said the NSF has committed R200 million to the employment creation initiative between the Department of Higher Education and Training and the Department of Employment and Labour, through the Unemployment Insurance Fund (UIF). Nzimande said the project will benefit more than…

Finance Minister Enoch Godongwana says government will introduce a new tax of R2.90 on vaping products from January next year. The Minister also announced on Wednesday that excise duties on alcohol and tobacco will increase by between 4.5% and 6.5%. Godongwana tabled his maiden Budget Speech before a sitting of Parliament on Wednesday. “Government also proposes to introduce a new tax on vaping products of at least R2.90 per millilitre from 1 January 2023. A new tax will also be introduced on beer powders,” he said. In its Budget Review document, National Treasury said following public consultations, government proposes to…