The Public Investment Corporation (PIC) has been given until the 13th of March to recover the capital investment of R4.3 billion made to Ayo Technology Solutions.
Transport Minister Blade Nzimande has announced R3.5 billion stimulus projects intended to improve the country’s transport infrastructure.
Treasury says the country’s Gross Domestic Product (GDP) growth for 2019 is forecast to grow at 1.5% from an estimated 1.7%.
President Cyril Ramaphosa says since last year work has been done to transform the economy.
The State of the Nation Address (Sona) is expected to focus on a number of issues including land, corruption, investment and economic growth.