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Finance minister Tito Mboweni at the press conference before he delivered his 2019 budget speech (Gallo Images, Brenton Geach) This story forms part of a series by Fin24 that will run over the course of the year called Recasting the SA Economy . This quarter s theme: Burning Fiscus. Government last year vowed to reduce spending by about R300 billion over the next three years, with the largest cuts coming from the public sector wage bill. Labour unions have rejected the cuts as they await National Treasury s answering affidavit in a Constitutional Court battle over the 2018 public wage deal. Economists believe getting to grips with the public service wage bill is as urgent as ever to slow a worrying increase in SA s debt-to-GDP ratio. ....
NOT a lot of people may know this, but Worcester can lay a very decent claim to being the oldest inhabited settlement in the UK. Its history stretches back around 5,000 years and even as recently as the late 1600s it was the largest town in the Midlands. Back then Birmingham was a market town half the size, so too was Gloucester, while Warwick and Lichfield were considerably smaller still. In 1678 Worcester had a population of more than 10,000, which also put Nottingham (7,000) and Leicester and Coventry (both 6,000) well in the shade. For many years the late Philip Barker, an eminent archaeologist, lived in the city and carried out several exhaustive studies into its origins. In the late 1960s, aerial photography revealed in astonishing detail evidence of the earliest habitation of the area about 5,000 years ago. ....
COVID-19: All restrictions must be lifted by end of April, lockdown-sceptic MPs tell Johnson originalfm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from originalfm.com Daily Mail and Mail on Sunday newspapers.
Friday, 11 December 2020 Earlier this week, International Olympic Committee President Thomas Bach made the dramatic announcement of sanctions against those who run Olympic sport in Belarus. It brought the curtain down on a year when the Executive Board (EB) met no fewer than 18 times. It also marked the first century of its existence. Established in 1921, and originally known as the Executive Commission , the EB is effectively the cabinet of the Olympic Movement. It meets when convened by the President on the latter s initiative or at the request of the majority of its members, and has general overall responsibility for the administration of the IOC. ....