E-tolls debt balloons to R43 billion, but Outa says numbers not adding up
The cost of the controversial Gauteng Freeway Improvement Project (GFIP) has ballooned…
Municipalities and govt dpts owe Eskom more than R50 billion
Debt owed to Eskom by municipalities and government departments stands at more…
Govt urged to ‘spend R21 billion budget accurately’
National Treasury Director-General, Ishmail Momoniat, spoke about budget allocation at the Presidential…
Sasol to offer R14 billion in dollar bonds to repay debt
Sasol has announced that its US financing subsidiary has started the process to issue…
Load shedding could cost retailers R5.4 billion in lost Black Friday revenue
South African retailers are expected to generate around R17.3 billion in additional…
R3 billion worth of fake vehicle licence discs issued by Post Office
The SA Post Office has contributed to the more than R3 billion…
Department of water and sanitation: R16.5 billion splurged
As the department of water and sanitation (DWS) yesterday counted the cost…
City of Joburg to raise R100 billion to fix appalling infrastructure
Power failures, the collapse of bulk water suppliers and “high temperatures” are…
R5.3 billion irregular expenditure incurred
A road agency operating under the Limpopo department of public works has…
Rare pink diamond sells for R1 billion in Hong Kong
A rare pink diamond has sold in Hong Kong for nearly $58 million, setting…