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More engineers, technical capacity needed in municipalities to boost service delivery – IMESA February 20, 2026
Technical capacity within municipalities play a central role in addressing service delivery and infrastructure challenges, says the Institute of Municipal Engineering of Southern Africa (IMESA), calling for the appointment of more engineers. Residents and communities are increasingly frustrated by water shortages, failing roads and broken infrastructure, and President Cyril Ramaphosa, in his State of the Nation address, […]
South African banks raise $322m in debut rescue-debt issue February 20, 2026
South Africa’s biggest lenders raised $322-million in new loss-absorbing debt to comply with a central bank framework designed to ensure failing financial institutions can be recapitalised without taxpayer bailouts. Absa Group Ltd. raised R3.2-billion through the new instruments that are known as funding for loss-absorbing capacity, or FLAC, notes, the lender said in a statement […]
NHI paused for now as Ramaphosa awaits ConCourt ruling February 20, 2026
Two cases relating to the controversial National Health Insurance will be heard in the Constitutional Court in May, prompting President Cyril Ramaphosa to refrain from promulgating any provisions of the Act until they are both finalised. One of the challengers of the NHI Act, Solidarity, said on Friday that it had received communication from Ramaphosa’s legal […]