Our social development programs are too focused on welfarism and too little on healing the social pain that is overwhelming so many, writes Mamphela Ramphele.
President Cyril Ramaphosa said that Cabinet was concerned at reports of a go-slow at the ports, particularly in the Eastern Cape where operations nearly ground to a halt.
Minister of Small Business Development Khumbudzo Ntshavheni has said SMMEs must have access to strategic resources and finance, so her department will blend SEFA’s finance model to mix grants and loans.
Finance Minister Tito Mboweni says National Treasury has agreed to start the process of developing a state-owned commercial bank, with Deputy Finance Minister David Masondo in charge of the process.
Minister of Public Enterprises Pravin Gordhan highlighted the importance of restoring state-owned entities to profitability as opposed to being an expense to the fiscus.
Minister of Public Enterprises Pravin Gordhan announced on Thursday that South African Airways board chair JB Magwaza had resigned from the embattled national carrier for personal reasons.
Economic Freedom Fighters leader Julius Malema told President Cyril Ramaphosa, "We fought former president Jacob Zuma because he outsourced his power to one family and undermined state organisations. We will not allow you to do the same."
Minister of Trade Industry and Competition Ebrahim Patel acknowledged that striking the balance between preserving the local industry and keeping poultry affordable could prove challenging.
Minister of Finance Tito Mboweni stressed that state-owned entities could no longer continue to languish in ruin on the government’s dime and that this appropriation was necessary to give Eskom a boost on its road to recovery and reorganisation.
During a stare down with the Economic Freedom Fighters in Parliament, Minister of Public Enterprises Pravin Gordhan could be heard daring the MPs to up the stakes in their “intimidation”, saying “don’t point fingers” and “they must touch me”.
Western CapeLiberty Financial Advisers
Cape TownCA Financial AppointmentsR480 000.00 - R600 000.00 Per Year
Cape Town Northern SuburbsPlacement Point (Pty) LtdR420 000.00 - R480 000.00 Per Year
R 2 790 000
R 2 450 000
R 4 899 000
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