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Budget in a nutshell: New hope amid VAT and other tax hikes

Cape Town – Building on the sense of a new beginning created by President Cyril Ramaphosa’s State of the Nation Address on Friday, Finance Minister Malusi Gigaba’s Budget Speech on Wednesday in the National Assembly was all about rebuilding and restoring amid challenging times. “This is a tough but hopeful budget,” he said at the […]

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Free State spent R631m on houses that were never built

Bloemfontein – About 106 building contractors are being sued along with controversial ex-SABC boss Hlaudi Motsoeneng and Nozuko Mbalula, Sports Minister Fikile Mbalula’s wife, over a housing scandal in the Free State involving hundreds of millions of rands. According to court documents in the possession of Netwerk24, the Free State department of human settlements spent about […]

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NUM: AVENG PLANS TO RETRENCH ALMOST 3,000 CONSTRUCTION WORKERS

Construction company, Aveng is reportedly planning to retrench some 2,800 employees because many of its current projects are wrapping up and it doesn’t have much new business in the pipeline. Almost 3,000 workers in the construction industry stand to lose their jobs. Construction company, Aveng is reportedly planning to retrench 2,863 employees because many of its current […]

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