Eskom has secured 22% of the funding it needs in the new financial year, its board chairperson Jabu Mabuza said on Thursday.

S& P Global Ratings cut South Africa’s sovereign credit rating to junk status on Monday following an emergency meeting over the weekend.

Opposition parties on Monday challenged ANC MPs to vote with their conscience and remove President Jacob Zuma during a proposed motion of no confidence.

New Finance Minister Malusi Gigaba, new Police Minister Fikile Mbalula and his deputy Bongani Mkongi will have their official welcoming on Tuesday.

ANC chairperson in Mpumalanga David Mabuza has expressed disappointment with those who used anti-apartheid icon Ahmed Kathrada's funeral and memorial service last week to call for the resignation of President Jacob Zuma.

Finance Minister Pravin Gordhan says the South African tax system has to be redistributive if the country is to usher in radical socio-economic transformation.

Comments attributed to African National Congress (ANC) Youth League Secretary-General Njabulo Nzuza against Deputy President Cyril Ramaphosa are unfortunate and without substance, says the Presidency.

A roadmap to finance the study costs of poor and working class students is needed to address the ongoing university fees protests across the country, government said on Wednesday.

Finance Minister Pravin Gordhan will next month during the Medium Term Budget Policy Statement (MTBPS) announce how National Treasury will fund the university fees shortfall.

Beneficiaries of the National Student Financial Aid Scheme (NSFAS), who are now working, are being urged to come forward and make arrangements to repay their loans.