Cuba approves unprecedented free-market reforms in effort to stave off economic collapse

Cuba approves unprecedented free-market reforms in effort to stave off economic collapse

Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the Communist island from a severe crisis aggravated by a U.S. oil blockade. In a landmark speech to the National Assembly, Prime Minister Manuel Marrero unveiled 176 measures aimed at rolling back the state’s role in the economy and attracting investment in everything…

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R12.1-billion wasted as government IT projects collapse

R12.1-billion wasted as government IT projects collapse

The Auditor-General of South Africa has flagged the State IT Agency (Sita) as a “systemic risk” to government IT, citing R12.1-billion in failed public technology projects as evidence. According to the Auditor-General’s consolidated general report on national and provincial audit outcomes for 2024/2025, South Africa’s public ICT governance ecosystem is in structural decline, with the…

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Post Office on the brink of collapse

Post Office on the brink of collapse

Communications minister Solly Malatsi has dismissed as “premature” a move by the South African Post Office’s business rescue practitioners to file for the liquidation of the embattled state-owned company, saying ongoing discussions between his department and national treasury are focused on finding a way forward. In a statement issued late Friday, Malatsi said his office…

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Pressure mounts on Solly Malatsi as SABC stares down ‘risk of collapse’

Pressure mounts on Solly Malatsi as SABC stares down ‘risk of collapse’

Khusela Diko and Solly Malatsi Pressure is mounting on communications minister Solly Malatsi’s to act to rescue the SABC as it struggles to pay its escalating bills. On Monday, reporters heard that state-owned signal distributor Sentech, whose primary client is the SABC, is “subsidising” the public broadcaster’s signal distribution expenses to the tune of R70-million/month….

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