insert_link South Africa South Africa’s President to finalise the names of international envoys South Africa's President Cyril Ramaphosa will this week finalise the names of international envoys to be dispatched to various countries to clarify his country’s foreign and domestic policies. This comes after US president Donald Trump halted aid funding to the country over the Expropriation Act, and offered refugee status to Afrikaners. In an interview with eNCA, deputy president Paul Mashatile says the envoys will be a broad delegation: today17 February, 2025
insert_link South Africa S.A’s Mashatile Says Land Expropriation Act Key to Economic Inclusion S.A's Deputy president Paul Mashatile says the Land Expropriation Act will ensure that economic inclusion, food security, social cohesion, inclusive spatial patterns, and rural development, are achieved. This is as US president Donald Trump plans to cut all future funding to South Africa, citing the country’s land expropriation policies. Addressing the South African Local Government Association’s National Executive Committee Lekgotla in Cape Town on Tuesday, Mashatile emphasised the importance of […] today5 February, 2025
insert_link South Africa South Africa’s says it cannot yet determine its stance on a common BRICS currency South Africa's Deputy president Paul Mashatile says his country cannot yet determine its stance on a common BRICS currency. Highlighting the country’s reliance on the US dollar, Mashatile emphasised the need for caution in trade decisions. He noted that while discussions continue, South Africa must prioritise its economic stability before committing to such significant shifts: today22 January, 2025
insert_link South Africa Mashatile Urges Chinese Enterprises to Boost Investment in South Africa South Africa's Deputy president Paul Mashatile has encouraged Chinese-funded enterprises in his country to increase their investments in crucial sectors of the economy. Total bilateral trade increased from 614-billion-rand in 2022 to 692-billion-rand in 2023, while China’s 146-billion-rand deficits remained the highest among any of the country’s trading partners. Speaking at the South Africa-China Economic Trade and Association event in Johannesburg yesterday, Mashatile said China as one of the world’s […] today12 December, 2024
insert_link South Africa S.A’s Mashatile Says Treasury May Cut Budgets to Settle State Debt to Municipalities S.A's Deputy president Paul Mashatile says the National Treasury is considering cutting budgets of departments that owe municipalities to settle debt. In August, Finance minister Enoch Godongwana revealed that organs of state collectively owe municipalities 18.6-billion-rand for rates and taxes. In Gauteng alone, the state had a debt of 3.5-billion-rand by the end of July, with provincial government departments accounting for most of the debt. Mashatile told the National Council […] today6 December, 2024
insert_link South Africa South Africa’s Deputy President Outlines Steps to Boost Foreign Investment and Economic Reform South Africa's Deputy president Paul Mashatile says the government has implemented several steps to stimulate foreign investment including simple tax rules, and a competitive regulatory framework. He answered questions in the National Assembly yesterday on a range of issues including the economy, the water crisis, and challenges in municipalities. Mashatile says the government of national unity intends to continue with fundamental economic reform and improve the business operating environment: today1 November, 2024
insert_link South Africa Deputy President Says Government Is Collaborating with Development Bank to Aid Indebted Municipalities S.A's Deputy president Paul Mashatile says the government is working with the Development Bank of Southern Africa to secure resources to assist municipalities that are in debt. Municipalities owe creditors 116.5-billion-rand, with 75.3-percent of this debt more than 90 days overdue. In turn municipalities in 2023/2024 were owed 339.9-billion-rand. Answering questions in the National Assembly yesterday, Mashatile said it is concerning that many municipalities are in financial stress: today1 November, 2024
insert_link South Africa Deputy President Honors Former Labour Minister’s Legacy in Advancing Worker Rights S.A's Deputy president Paul Mashatile has praised former Labour minister Membathisi Mdladlana for his contributions to fighting apartheid and advancing labour rights. Mdladlana, South Africa's longest-serving Labour Minister, worked under four presidents. Speaking at a special memorial service, Mashatile highlighted Mdladlana’s legacy of resilience, commitment to social justice and implementing key labour laws that protected workers' rights and reduced industrial disputes: today28 October, 2024
insert_link South Africa South Africa’s Deputy President Outlines Strategic Priorities for Economic Growth and Development During UK Visit South Africa's Deputy president Paul Mashatile says the government of national unity’s strategic priorities are to achieve sustainable economic growth, alleviate poverty, and develop an ethical, capable developmental state. He is currently on a working visit to the UK, which is one of South Africa’s most significant bilateral partners, particularly in trade, investment, tourism, and the Just Energy Transition. Speaking to Bloomberg, Mashatile says the government of national unity is […] today1 October, 2024
