Tag: billion

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…

sokonnect sokonnect

Municipalities and govt dpts owe Eskom more than R50 billion

Debt owed to Eskom by municipalities and government departments stands at more…

sokonnect sokonnect

Govt urged to ‘spend R21 billion budget accurately’

National Treasury Director-General, Ishmail Momoniat, spoke about budget allocation at the Presidential…

sokonnect sokonnect

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…

sokonnect sokonnect

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…

sokonnect sokonnect

R3 billion worth of fake vehicle licence discs issued by Post Office

The SA Post Office has contributed to the more than R3 billion…

sokonnect sokonnect

Department of water and sanitation: R16.5 billion splurged

As the department of water and sanitation (DWS) yesterday counted the cost…

sokonnect sokonnect

City of Joburg to raise R100 billion to fix appalling infrastructure

Power failures, the collapse of bulk water suppliers and “high temperatures” are…

sokonnect sokonnect

R5.3 billion irregular expenditure incurred

A road agency operating under the Limpopo department of public works has…

sokonnect sokonnect

Rare pink diamond sells for R1 billion in Hong Kong

A rare pink diamond has sold in Hong Kong for nearly $58 million, setting…

sokonnect sokonnect