Sassa manages social grants and allowances for groups in South African society needing assistance. This includes grants for children, the older persons grants and disability grants. SASSA also manages the R370 grant (It was originally R350) for the special relief of distress which started during the Covid-19 crisis but has now become semi-permanent
SIU to collect over R100 million from unqualified NSFAS beneficiaries
Friday, July 19, 2024The Special Investigating Unit (SIU) has signed Acknowledgement of Debt (AoD) agreements with 421 students who did not qualify to be funded by the National Student Financial Aid Scheme (NSFAS).SIU Spokesperson, Kaizer Kganyago, said the total value of the AoD amounts to R112 174 825,97.“In addition to the AoDs, the SIU has ma
Transnet granted R18.85 billion loan
The African Development Bank Group has approved a R18.85 billion ($1 billion) corporate loan to Transnet for its recovery and growth plans.Transnet has faced operational challenges mainly in the critical rail and port businesses resulting from underinvestment in infrastructure and equipment, theft and vandalism, and external shocks such as floods a
Transnet granted R18.85 billion loan
The African Development Bank Group has approved a R18.85 billion ($1 billion) corporate loan to Transnet for its recovery and growth plans.Transnet has faced operational challenges mainly in the critical rail and port businesses resulting from underinvestment in infrastructure and equipment, theft and vandalism, and external shocks such as floods a
Eskom contractor workers are arrested and after that get bail for diesel theft
Three Eskom contractor employees have been released on bail after they were found in possession of stolen diesel at the power utility’s Kusile Power Station in Mpumalanga.The excavator operator and two mechanics were arrested for the theft of diesel to the value of R1000.In a statement, Eskom said a supervisor at the power utility, who was conduc