Prof William Gumede argues that because it’s taxpayer’s money therefore wasteful expenditure must be explained, ‘that’s what a democracy is about’
The decision to exempt Eskom from disclosing its irregular, fruitless and wasteful expenditure has been criticised from several quarters, but Treasury insists it had to be done to allow the power utility to manage its borrowing costs...From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
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Trade Cold War dogma for wide-ranging ideologyMany proponents of delinking from Western trade do not understand how the South African economy, business and trade are integrated into the global economy, writes william_gumede.
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Trade Cold War dogma for wide-ranging ideologyMany proponents of delinking from Western trade do not understand how the South African economy, business and trade are integrated into the global economy, writes william_gumede.
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William Lehong set to fly SA flag high at French Music Festival 2023William Lehong is excited about being one of the SA acts lifting the country's flag high at the French Music Festival this year.
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Kenyans Urged to Return to Work After Cancellation of ProtestsDeputy President Rigathi Gachagua has called on Kenyans to resume their normal working routine following the cancellation of the opposition Azimio La Umoja One 'anti-government' protests. While lauding Kenyans for their resilience in the face of challenges, Gachagua expressed confidence in the country's economic recovery. Despite the cancellation of the protests, Gachagua warned that some criminal elements may still lurk. He stated that security agencies in the country are on high alert to counter any cases of insecurity that may arise. Odinga has suspended weekly countrywide demonstrations, this is after he accepted President William Ruto's proposal for bi-partisan parliamentary process on the Independent Electoral and Boundaries Commission (IEBC) commissioners' recruitment. Odinga has maintained that the anti-government protests have never condoned violence and destruction of people's property. Three people have died since anti-government protests erupted on March 20 and businesses have been looted, property vandalized, and journalists attacked in unrest that has alarmed Kenya's neighbours and allies. Odinga has called for protests every Monday and Thursday, accusing Ruto of stealing last year's election and of failing to control the surging cost of living. Meanwhile, the Executive Secretary of the Intergovernmental Authority on Development (IGAD), Workneh Gebeyehu, has lauded Ruto and Odinga for giving dialogue a chance to resolve challenges facing the country.
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Eskom doesn’t have to report wasteful and irregular expenditure anymoreFinance minister Enoch Godongwana has exempted Eskom from disclosing irregular, fruitless, and wasteful expenditure in its annual financial reports for three years.
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'Eskom PFMA exemption concerning' - SABC NewsWestern Cape Premier Alan Winde says National Treasury’s decision to exempt Eskom from disclosing its irregular and fruitless expenditure for the next three years is concerning.
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