Gauteng has in the past year attracted more than R68bn in foreign investment from 261 companies and created about 23,000 jobs, premier Panyaza Lesufi said on Monday.
The ANC national conference that took place at Nasrec in December 2017 was meant to be a turning point for the party. However, it seems that the conference has only served to deepen the division within the party and led to its eventual downfall.
The government has exempted Indian Bank from the requirement to hold shares exceeding 30% in ASREC (India) Limited, an asset reconstruction company. This exemption, recommended by the Reserve Bank of India, is effective until March 31, 2025. The notification, dated January 12, states that the provisions of sub-section (2) of section 19 of the Banking Regulation Act do not apply to Indian Bank in relation to its shareholding in ASREC.