The state-owned Land Bank has successfully concluded a debt restructuring agreement with its lenders, set to take effect on September 16, effectively ending its debt default status. This development marks a significant step toward stabilising South...
Government has invested a cumulative total of R69 billion in public transport, which was spent towards infrastructure and operations in an effort to enhance accessibility to public transport and mobility. Addressing a media briefing on the state of...
The South African government is actively pursuing innovative funding mechanisms to enhance infrastructure financing and delivery. These measures aim to optimise the infrastructure value chain, improve efficiency and attract private sector...
In a proactive move to address the devastating effects of recent floods across South Africa, the National Treasury has released R372 million from the Municipal Disaster Response Grant (MDRG). This timely intervention aims to assist municipalities...