Day: November 1, 2023
News24 | Govt to offer tax support to boost local electric vehicle producers
Finance Minister Enoch Godongwana says tax support to boost domestic electric vehicle production will likely start flowing from 2026.
Continue ReadingNews24 | Treasury cooks up a crisis plan to combat the state’s debt blowout
South Africa, already struggling with low economic growth and high debt-servicing costs, is planning to cut state spending, borrow more and raise taxes to compensate for a drop in revenue and increased expenditure.
Continue ReadingRobert De Niro Admits To Asking Assistant To Scratch Back: ‘You Got Me!’
The Hollywood legend’s reported outbursts brought the drama to a civil trial pitting him against ex-staffer Graham Chase Robinson.
Continue ReadingMatthew Perry Saved My Life — And Now He’ll Never Know It
"I never met the man, but owe him a debt of gratitude I can never repay — one for which I will never get to thank him."
Continue ReadingMitch McConnell: Subpoenas For Conservative Justices’ Benefactors ‘Totally Inappropriate’
The Senate minority leader accused Sen. Dick Durbin (D-Ill.), the Judiciary Committee chair, of targeting “private citizens with no legislative purpose.”
Continue ReadingBLOODY GOOD TIME: Saudi Arabia Set To Land World Cup
Saudi Arabia is all but certain to host the men’s 2034 World Cup after the Australian soccer federation declined to enter the bidding contest.
Continue ReadingNews24 | Medium-term budget in a nutshell: It’s going to hurt
A large public sector wage hike, disappointing tax revenue and rocketing borrowing costs have hit government finances.
Continue ReadingNews24 | Godongwana takes hard line on Transnet: Reform first, then bailout
Finance Minister Enoch Godongwana says that Transnet's R100 million turnaround plan is not supported. Transnet must first reform in line with the National Logistics Roadmap
Continue ReadingNews24 | Social relief of distress grant to be extended by another year
Government plans to extend the Covid-19 social relief of distress grant by another year until March 2025.
Continue ReadingNews24 | Tertiary troubles: Court finds Nzimande ignored order by appointing Unisa administrator
In a week in which revelations emerged of the government paying R269.7 million to "ghost students" monthly, Higher Education, Science and Innovation Minister Blade Nzimande blatantly ignored court orders on placing Unisa under administration.
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