Air India stake sale: Govt mulls absorbing employees in PSUs newsnationtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsnationtv.com Daily Mail and Mail on Sunday newspapers.
The report by the Parliamentary Standing Committee on Transport, Tourism and Culture noted that airlines are charging more than ten times of the advance booking fare and that deregulatory environment does not mean unlimited freedom of exploitation , while urging the government to intervene.
Directorate of Posts can t lag behind in online business: PM | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
R4.3bn set aside for vaccine may not be enough, Treasury s Mogajane tells MPs Treasury wants to tap into its contingency reserves to help fund the country’s COVID-19 vaccination programme. FILE: Treasury Director-General Dondo Mogajane. Picture: @TreasuryRSA/Twitter
2 hours ago
CAPE TOWN - Treasury wants to tap into its contingency reserves to help fund the country’s COVID-19 vaccination programme.
The National Health Department aims to vaccinate about 14 million South Africans this year although, given several setbacks, this is unlikely.
Treasury Director-General Dondo Mogajane said that the R4.3 billion budgeted for vaccines may not be enough.
“The contingency reserve money that we have put in will kick in if there is a need to. We have set aside R4.3 billion when we put the budget together.”
Want access to a portion of your retirement fund without retiring? Updated
Jacaranda FM
Pension/ iStock
Currently, there are only three ways South Africans can access money from their retirement funds before retirement: you can cash it out under very strict circumstances, such as when you change jobs and your money goes into a preservation fund, but you get taxed heavily for it; if you emigrate, which allows access to money in a retirement annuity, or if you decide to use your retirement fund to underwrite a home loan.
The proposal reads: A registered fund may, if its rules so permit and subject to prudential standards, furnish a guarantee in favour of a person other than the fund in respect of a loan granted or to be granted by such other person to a member, which guarantee may not exceed 75 per cent of that member’s share in the value of the fund.