Babalo Ndenze

1 week ago | ewn.co.za | Babalo Ndenze

CAPE TOWN - The South African Reserve Bank (SARB) has granted the Postbank another extension to allow social grant recipients to continue using the old gold cards. The cards will now be valid until 31 May. Social Development Minister Sisisi Tolashe announced the move and said the extension was granted after negotiations with the central bank. Tolashe was responding to oral questions on social grants in the National Council of Provinces (NCOP) as part of the social services cluster on Tuesday.

1 week ago | ewn.co.za | Babalo Ndenze

CAPE TOWN - South African Post Office (SAPO) business rescue practitioners have come under fire in Parliament for failing to appear for four months to provide an update. Members of the National Council of Province (NCOP)’s Select Committee on Economic Development and Trade said the struggling entity’s business rescue practitioners were "shirking" their duties to account to Parliament.

1 week ago | ewn.co.za | Babalo Ndenze

CAPE TOWN - President Cyril Ramaphosa has called for global trade with partners to "remain free and predictable". Ramaphosa wrote in his latest newsletter that global trade had to be governed by a "rules-based system", adding that trade between nations was critical in the economic progress of countries. He said that South Africa would continue advocating for a "level playing field" in global trade.

1 week ago | ewn.co.za | Babalo Ndenze

CAPE TOWN - Finance Minister Enoch Godongwana has told Parliament that taxpayers will indeed face a higher “tax burden” because of the Treasury’s decision to not adjust personal tax brackets in line with inflation.  He made the acknowledgement in a written parliamentary reply to a question from the Democratic Alliance (DA)’s Wendy Alexander, who asked him how Treasury justifies a “silent tax increase” that disproportionately punishes working class South Africans.

2 weeks ago | ewn.co.za | Babalo Ndenze

Babalo Ndenze11 April 2025 | 5:05Speaking during a funeral of one of the 14 soldiers killed in the Democratic Republic of Congo over a month ago, Maphaha criticised the country's porous borders and the SANDF's declining stature on the continent. South African National Defence Force (SANDF)Dakota LegoeteDefence portfolio committee chairperson Dakota Legoete addresses security cluster briefing in parliament.