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South Africa will not implement a universal basic income grant until at least March, Social Development Minister Lindiwe Zulu said in an interview on Friday, rolling back a pledge to have it ready by October.
The New Development Bank established by the BRICS group of emerging nations has approved a $1 billion COVID-19 emergency loan to South Africa to help reduce the socio-economic impacts of the pandemic, the National Treasury said on Saturday.
South Africa’s rand firmed against the dollar early on Wednesday after President Cyril Ramaphosa announced a 500 billion rand ($26.41 billion) rescue package on Tuesday evening to cushion the economic blow of the COVID-19 pandemic.
South Africa’s National Treasury said on Sunday it was introducing a new tax subsidy of 500 rand ($28) per month for each worker to employers for the next four months to cushion financial losses suffered by firms due to the coronavirus.
South Africa may approach the International Monetary Fund and World Bank for funding to fight the coronavirus that threatens to drag the country’s economy deeper into recession, Finance Minister Tito Mboweni said in the Sunday Times newspaper.
South African trade unions are digging in for a fight over public sector wages, after they rejected the government’s latest attempt to renegotiate a previously agreed pay increase for the fiscal year starting in April.
South Africa's finance minister is expected to walk a tightrope during the annual budget presentation to parliament on Wednesday, as the economy teeters on the edge of a fiscal cliff.
South African Minister of Mineral Resources and Energy Gwede Mantashe has denied bribing journalists to withhold a story about his sex life, TimesLive reports.
The South African Government has allocated an extra 59 billion rand ($4.24 billion) to struggling state-owned power utility, Eskom, over the next two years so it can service its debt, a special appropriation bill seen by Reuters on Monday showed.
South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.
South Africa’s Finance Minister Tito Mboweni announced Wednesday a $1.6 billion-a-year bailout for the country’s electricity utility in a bid to stave off further downgrades to Pretoria’s credit rating as he unveiled a new budget.
Vice President Yemi Osinbajo has said that N-Power Programme introduced by the Federal Government is targetted to train 10 million Nigerian graduates by 2023.
The Federal Road Safety Corps (FRSC) on Tuesday inducted 85 successful applicants as Special Marshals in Ebonyi.
The oldest university in the English-speaking world, Oxford University, has appointed Nigeria’s former External Affairs Minister, Professor Ibrahim Gambari and the Governor of Kaduna State, Mallam Nasir El-Rufai, to the International Advisory Board of its African Studies Centre.
South Africa’s High Court ordered President Jacob Zuma on Wednesday to pay legal costs for trying to avoid a demand from the anti-corruption watchdog for an official inquiry into alleged influence-peddling in his government.
Dr Sani Aliyu, the Coordinator, Presidential Task Force (PTF) on COVID-19, has said that positive cases of the Coronavirus (COVID-19) gradually coming down as the daily results now revolves around 400.
Liverpool have completed the signing of Olympiakos defender Konstantinos Tsimikas.
The National Union of Petroleum and Natural Gas Workers has suspended its strike in Lagos State.
The All Progressives Congress (APC) Anambra chapter, has pleaded with Gov. Willie Obiano of Anambra to reinstate Traditional Ruler Peter Uyanwa of Ukwulu community of Dunukofia Council Area of the state, suspended late July.
President Nayib Bukele on Monday announced that El Salvador will give immunity passports to people who have recovered from COVID-19.
Governor Aminu Waziri Tambuwal of Sokoto State on Tuesday has granted pardon to 17 inmates of Sokoto Correctional centre.
The Chief of Air Staff, Air Marshal Sadiq Abubakar, has tasked cadets of the Nigerian Air Force (NAF) on core values of integrity, first excellence in all they do and service before self.
Kelechi Iheanacho won’t be leaving Leicester City for Aston Villa this summer, according to Foxes correspondent Jordan Blackwell.
Juventus are looking to modernize the club after Andrea Pirlo’s arrival, which could herald a dramatic change in the fortunes of several squad players.
The Presidential Task Force (PTF) on COVID-19 has approved gradual reopening of international flights and train services across the country.