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 […] todayDecember 12, 2024 17
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 […] todayDecember 6, 2024 16
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: todayNovember 1, 2024 17
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: todayNovember 1, 2024 29
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: todayOctober 28, 2024 21
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 […] todayOctober 1, 2024 31
insert_link South Africa S.A’ s President says the incoming government will prioritise sustainable economic growth S.A' s President, Cyril Ramaphosa says the incoming government will prioritise rapid, inclusive, and sustainable economic growth, and the creation of a more just society by tackling poverty and inequality. He announced his new cabinet last night with Paul Mashatile remaining the deputy president, with political parties in the government of national unity securing ministries including the DA, IFP, Freedom Front Plus, and Patriotic Alliance. Ramaphosa says the establishment of […] todayJuly 1, 2024 31
insert_link South Africa Mashatile proud of SA’s peaceful democratic election Deputy president Paul Mashatile says South Africans should be proud of participating in the democratic election process. After vot-ing in Sandton, Johannesburg, Mashatile called on voters to come out and vote for their preferred party in this historic event. He wel-comed the largely peaceful process and said everyone has a demo-cratic right to cast their ballot. He also welcomed the enhancement of security: todayMay 30, 2024 22