Production

Deadline looms for DWS bursary applications

Time is running out for those who want to pursue careers that are in line with the water and sanitation core business, to submit applications for the bursary programme for 2023 academic year. The Department of Water and Sanitation (DWS) has reminded young South Africans that applications for the bursary applications close on 31 October […]

Production

Treasury weighs in on risk of SOEs’ financial conditions

National Treasury has warned that the poor financial condition of major State-owned companies (SOEs) presents government with the most contingent liability risks. In the Medium Term Budget Policy Statement (MTBPS), National Treasury said some of these risks have already materialised, requiring resources from the budget. “By 2024/25, contingent liabilities are expected to exceed R1 trillion. […]

Production

Government to take over portion of Eskom’s R400 billion debt

Government plans to embark on an Eskom debt relief programme that will see it take over a portion of the utility’s R400 billion debt. Finance Minister Enoch Godongwana outlined this plan on Wednesday while tabling the 2022 Medium Term Budget Policy Statement (MTBPS) before the National Assembly at the Cape Town City Hall. The Minister […]