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Stubborn Johannesburg residents and businesses who refuse to pay their outstanding municipal accounts could face blacklisting as the City of Johannesburg takes an aggressive approach in recouping billions in debts. ....
The need to enhance the scope of activities of these ‘vertically differentiated banks’ comes in the backdrop of five out of the 11 applicants who were given in-principle approval to start a PB in 2015, either not commencing operations or voluntarily giving up their certificate of registration. ....
The Ministry of Defence (MoD) has surpassed Rs 1 lakh crore in procurement through the Government e-Market (GeM) portal, with nearly half of the transactions occurring in the current fiscal year. GeM, launched in 2016, facilitates online purchases for central government ministries. MoD has executed over 5.47 lakh orders, with around Rs 45,800 crore awarded this fiscal year. Notably, 50.7% of orders, totaling Rs 60,593 crore, have been awarded to Micro and Small Enterprises (MSEs). ....