Kubayi-Ngubane calls for reasonable tourism packages for locals

27 September 2020, 7:03 PM
The Tourism Department has appealed to the sector to be more reasonably priced to accommodate locals .The Minister  of Tourism, Mmamoloko Kubayi-Ngubane  hosted a World Tourism Day celebration at the Cradle of Humankind in Gauteng on Suday.
Mmamoloko Kubayi-Ngubane
A fuel pump
Govt exploring ways of capping price of unleaded petrol 11 October 2018, 3:25 PM

Government is exploring ways of capping the price of unleaded petrol, which is currently at an all-time high, with consumers feeling the brunt of the soaring costs of transport and food.

Sassa Building
Striking Nehawu workers expected to meet to map way forward 11 October 2018, 12:10 PM

Labour union Nehawu is to meet striking social security agency(SASSA) workers on Wednesday to decide the way forward following the suspension of the Biometric Enrolment for grant beneficiaries.

Hawks probe VBS Mutual Bank looting 11 October 2018, 9:00 AM

The Hawks say that a team of investigators and prosecutors are conducting an investigation into those suspected of looting billions of rands from VBS Mutual Bank.

CWU to seek clarity on SABC retrenchments 11 October 2018, 6:00 AM

The Communications Workers Union says it will use Friday's consultative meeting with SABC management to seek clarity on the retrenchments and the public broadcaster's turnaround strategy.

S Africa should seek damages from KPMG over bank graft: central bank probe 10 October 2018, 9:22 PM

South Africa should seek damages from global auditor KPMG for the role it played in a corruption scandal that saw at least 1.9 billion rand ($130 million) stolen from local bank VBS, a central bank investigation published on Wednesday said.

Angola secures $2 bln in infrastructure financing from China 10 October 2018, 8:02 PM

Angola has secured $2 billion in Chinese financing from the China Development Bank for infrastructure projects on President João Lourenço’s first visit to Beijing, Angola’s state newspaper Jornal de Angola reported on Wednesday.

IMF, World Bank endorse Zimbabwe’s plan to clear arrears – finance minister 10 October 2018, 7:46 PM

The World Bank and IMF have endorsed Zimbabwe’s road map to clear more than $2 billion in foreign arrears at a meeting in Indonesia on Wednesday, the finance minister said, adding that the lenders had also backed his two-year economic recovery plan.

South African business confidence index rises in September 10 October 2018, 5:51 PM

Business confidence in the South African economy rose in September, helped by higher export volumes, new vehicle sales and lower inflation, a survey showed on Wednesday.

Ex-central banker Mboweni takes on South Africa’s hobbling economy 10 October 2018, 5:15 PM

South African markets rallied after the appointment of former central banker Tito Mboweni as finance minister, an ANC insider and ally of President Cyril Ramaphosa expected to focus on wooing investors and reviving an economy in recession.

VBS Mutual Bank
VBS report recommends criminal charges against individuals implicated 10 October 2018, 4:47 PM

A final report on the investigation into large-scale fraud at VBS Mutual Bank indicates that there are no prospects of saving the bank after about R2 billion in depositors' money was looted.

“Irregular expenditure is worrying” 10 October 2018, 4:31 PM

Members of Parliament's oversight Committee on Public Enterprises have expressed outrage about the irregular expenditure of more than R27-billion at Eskom, Transnet and environmental group, Alexco

Leaders need to fix broken economic models: IMF chief 10 October 2018, 2:34 PM

World leaders need to fix global trading systems instead of trying to tear them down, International Monetary Fund chief Christine Lagarde said Wednesday, in a rebuke to nationalist politicians pushing tariffs and protectionism.

DA’s Mncwango urges commitment towards job creation 10 October 2018, 12:22 PM

The Democratic Alliance KwaZulu-Natal premier candidate for the 2019 elections Zwakele Mncwango says every leader needs to commit to curbing the high rate of unemployment in South Africa.

eThekwini EPWP workers protest for permanent jobs 10 October 2018, 10:08 AM

eThekwini Expanded Public Works Programme employees have embarked on protest action who are demanding permanent positions.

Sassa workers affiliated to Nehawu to down tools 10 October 2018, 8:04 AM

The South African Social Security Agency workers affiliated to the National Education, Health and Allied Workers’ Union are expected to go on a national strike on Wednesday morning.

Mboweni appointment comes at a critical time: Ramaphosa 10 October 2018, 5:56 AM

President Cyril Ramaphosa says the appointment of former Reserve Bank Governor Tito Mboweni as Finance Minister comes at a critical time for the South African economy.

Tito Mboweni sworn in as new Finance Minister 9 October 2018, 5:22 PM

President Cyril Ramaphosa has accepted the resignation of Finance Minister Nhlanhla Nene.

Nigeria’s central bank head to meet MTN, banks over $8.1 bln repatriation row 9 October 2018, 4:36 PM

Nigeria's central bank governor is to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation of $8.1 billion, two sources with direct knowledge of the matter said.

Zimbabwe miner RioZim to sue central bank over dollar payments 9 October 2018, 3:21 PM

Zimbabwe's gold miner RioZim on Tuesday said it would take legal action to force the central bank to pay it in US dollars for part of its output, signalling impatience by mining companies over acute dollar shortages afflicting the economy.

Treasury confirms Nene, IMF meeting 9 October 2018, 10:14 AM

The Treasury has confirmed that Finance Minister Nhlanhla Nene will travel to Indonesia for a meeting of the International Monetary Fund (IMF) on Wednesday.

IMF drops SA 2018, 2019 economic growth forecast 9 October 2018, 9:25 AM

The IMF expects South Africa's economy to expand 0.8 percent this year, down from a forecast of 1.5 percent in July and by 1.4 percent in 2019, down from a previous estimate of 1.7 percent.

Gauteng Shutdown protestors to march against economic exclusion 9 October 2018, 8:38 AM

The Gauteng Shutdown Coordinating Committee representing Coloured communities will be embarking on a march on the Johannesburg Stock Exchange to protest against economic exclusion.

IMF cuts global growth forecast to 3.7% for 2018, 2019 9 October 2018, 6:15 AM

With trade growth set to slow sharply amid a trade war between the United States and China, the IMF cut its outlook for global GDP by two-tenths to 3.7 percent for 2018 and 2019.

Crude oil
Oil prices rise on signs that Iranian crude exports fall further 9 October 2018, 5:48 AM

Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC's third-largest producer, are declining in the run-up to there-imposition of U.S. sanctions and as a hurricane moved across the Gulf of Mexico.

Lazard report on Eskom asset sale options due within days – Mabuza 8 October 2018, 9:08 PM

Financial adviser Lazard will conclude its assessment of which assets South Africa’s state-owned power firm Eskom can put up for sale in the next few days, Eskom’s chairman Jabu Mabuza said on Monday.

Eskom won’t need more government cash over next year: Minister 8 October 2018, 6:43 PM

South African state-owned power firm Eskom does not require government cash injections over the next 12 months, the country’s Public Enterprises Minister Pravin Gordhan said on Monday.

Strike halts some Toyota operations in South Africa 8 October 2018, 5:24 PM

Toyota South Africa operations were halted on Monday at its Durban assembly plant and a Johannesburg warehouse due to a strike by the National Union of Metalworkers of South Africa.

“Small businesses play significant role in creating employment” 8 October 2018, 12:20 PM

The President of the Black Business Council, Sandile Zungu, says the economy needs to be reconfigured to make it easier for people to find jobs.

Nigeria central bank may reduce $8.1 bln MTN repatriation demand 8 October 2018, 8:40 AM

The Nigerian central bank may reduce the amount it has ordered South African telecoms firm MTN to repatriate as part of an on-going disagreement, central bank governor Godwin Emefiele said on Sunday.

E Cape women venture into recycling 7 October 2018, 3:29 PM

Elderly women in Mthatha and surrounding towns in the Eastern Cape have resorted to recycling to make ends meet.