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  • Day: March 30, 2023

Repo rate increases to 7.75%

South African Reserve Bank (SARB) Governor Lesetja Kganyago has announced that the repurchase rate (repo rate) has reached 7.75% after the Bank’s Monetary Policy Committee (MPC) agreed to a 50 basis points increase.As a result, the prime interest rate will now move up to 11.25%. Kganyago announced this at a…

Professionalising the public sector

President Cyril Ramaphosa has reiterated that government is taking steps to professionalise the public service across all spheres.He said this is to ensure the right people are in the right positions, that they are held accountable, and that they are empowered to provide the best possible service to the people.…

MEC Tertuis Simmers outlines new department’s role in energy resilience push

Western Cape Infrastructure Minister outlines new department’s role in province’s energy resilience push at Premier’s 5th Energy DigiconPremier Alan Winde hosted Western Cape Infrastructure Minister Tertuis Simmers at his 5th Energy Digicon today.The Provincial Department of Infrastructure, which will be officially launched on Saturday, 1 April, will play an integral part…

Government working on measures to support the unemployed

President Cyril Ramaphosa has reaffirmed government’s commitment to fighting poverty and providing support to those who are unemployed as a core responsibility of the State.“As we work to build the economy and create employment, we remain committed to finding appropriate mechanisms to support all those people who need assistance from…

Eskom employees key to solving energy challenges – Cabinet

Cabinet has joined the Minister of Electricity, Dr Kgosientsho Ramokgopa, in recognising that Eskom employees are key to solving the country’s energy challenges.This comes after Ramokgopa undertook visits to 14 power stations for first-hand insight of the challenges facing Eskom at power station level. “The visits allowed the Minister opportunities…