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Due diligence: The Mpati Commission found that the PIC had not always adhered to sound policies, processes and frameworks. Photo: Screenshot

Hunt on for PIC’s lost billions

Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals

Going it alone: The ANC is not happy with the decision by the SACP to contest elections independently of its alliance partner. Photo: File

SACP set on ‘divorcing’ the ANC

The communist party has rejected overtures from its alliance partner and will contest the 2026 local government elections independently

SACP  general secretary Solly Mapaila dismissed the notion of any alignment with MK. (Photo by Dirk Kotze/Gallo Images via Getty Images)

Korner Talk | Solly Mapaila still riding his high horse

The South African Communist Party leader continues his tirade against alliance partner ANC for bringing the Democratic Alliance into the unity government

The Special Investigating Unit traced financial gains of more than R181 million linked to beneficiaries of fraudulent visa applications that were supported by fake documentation

Government departments’ failure to initiate blacklisting lets tender fraudsters off the hook

Only 5% of entities, departments and municipalities have initiated blacklisting for offenders

Finance Minister Enoch Godongwana. (Photo: Mlungisi Louw/Gallo Images)

Rand strengthens as investors welcome Godongwana, Ramokgopa reappointments

Godongwana has pursued the austerity measures implemented by his predecessors to reduce debt and Ramokgopa is partly credited with the current relief from load-shedding

David Masondo’s job is up for grabs in the ongoing negotiations for ministerial positions. (David Harrison)

Economic reforms still a priority amid GNU uncertainty

President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive

President Cyril Ramaphosa. (Photo by Per-Anders Pettersson/Getty Images)

Ramaphosa’s cabinet deliberations will not be quick or painless

The Democratic Alliance says the president must stick to the letter of the coalition pact and divide cabinet posts among parties in line with the number of seats in parliament

Go well: David Masondo, the deputy finance minister, says the treasury will look into why firms such as Shell are pulling out of South Africa.

David Masondo bullish on capital flight

The deputy finance minister also says liberalising the energy sector is key to growing the economy

President Cyril Ramaphosa and Deputy President Paul Mashatile.

Ramaphosa’s cabinet reshuffle: Few surprises amid missed opportunity and mediocrity

Only the uninitiated or the hopelessly optimistic would have been merely disappointed by last night’s long and needlessly delayed cabinet announcement

President Cyril Ramaphosa. (Photo by Michele Spatari/NurPhoto via Getty Images)

ANC leadership contest hots up

Horse trading and negotiations begin in earnest as the real battle starts for party positions ahead of the elective conference

Current ANC deputy president David Mabuza failed to meet the threshold for nomination, could help Zweli Mkhize instead of president Cyril Ramaphosa in the battle for the top position.
(Photo by Phill Magakoe /AFP via Getty Images)

The real battle starts now for ANC positions

The nominations have set the stage for the ANC race for top six, and horse trading and negotiations will take place in earnest

Despite a high court ruling removing unlawfully-elected ANC mayor Dada Morero, the ANC still managed to score itself five new Johannesburg council chairperson positions on Thursday as it cemented its new-found strength in the city. (Photo by Papi Morake/Gallo Images via Getty Images)

How the ANC wants to re-evaluate cadre deployment during policy conference

The party’s decision to relook at the deployment process could result in a broadening of the pool of candidates for positions.

David Masondo’s job is up for grabs in the ongoing negotiations for ministerial positions. (David Harrison)

Treasury lifts tender ban but new regulations have ‘unintended consequences’

Government department accounting officers can now authorise contract deviations that previously had to go through the treasury

Factional infighting: Cyril Ramaphosa in his capacity as ANC leader has reportedly intervened in the ANC in Mangaung’s internal battles. (Delwyn Verasamy/M&G)

ANC in Mangaung gets nod from Ramaphosa to expel delinquent councillors

At least 19 councillors have been identified by the embattled Mangaung ANC regional interim committee for defying the party, with ten expected to get the axe soon

David Masondo, Deputy Finance Minister. (Photo by Gallo Images/Die Burger/Jaco Marais)

One-on-one with David Masondo: ‘Review the ANC constitution’

The head of the OR Tambo School of Leadership believes the current organisational structure of the party must be changed to link the ANC to people on the ground

Deputy Finance Minister David Masondo

David Masondo to support the ANC’s step-aside resolution 2.0

Deputy Finance Minister David Masondo talks to the Mail & Guardian about change in ANC policy.

Economic Freedom Fighters leader Julius Malema.

Ten years post-ANC, Julius Malema is in a ‘much better place’

The EFF president says he has grown — and matured — along with the country’s third-largest party

Spiralling: Electricity tariffs have risen by more than 1 100% since 2007. In addition to consumption costs,
there are layered costs for generation, theft and non-payment, among others. Photo: Madelene Cronje

Is listing, privatisation the answer for debt-ridden Eskom?

The chief executive believes climate change is an opportunity for the utility to pivot from coal

Deputy Finance Minister David Masondo on Friday said possibly listing debt-ravaged Eskom on the JSE was an example of the kind of out-of-the-box thinking characterising the talks on the power utility’s financial problem.
(Dwayne Senior/Bloomberg via Getty Images)

Masondo mulls listing Eskom on the JSE as potential solution to the power utility’s debt crisis

Deputy Finance Minister David Masondo says his comments were not the treasury’s official stance, but out-of-the-box thinking was needed to deal with the utility’s hefty debt

More than 250 000 tonnes of wheat have been lying in containers at the Durban and Richards Bay ports for about a month after the South African Revenue Services (Sars) withdrew the European Union free duty quota for local millers.

Millers pay for duty-free wheat quota

The South African Revenue Services didn’t gazette the EU quota rates for about month, with no reasons given – and then suddenly published them