Government is looking for R2bn to contribute to SA Airways (SAA), as part of its commitment to the airline’s business rescue process. Meanwhile, the department of public enterprises said in a statement on Sunday evening that it was…
Andre de Ruyter has been appointed head of Eskom. He takes over after months of speculation about who would replace Phakamani Hadebe, who resigned in July. Here are four things you need to know about De Ruyter: Corporate experience De…
Public enterprises minister Pravin Gordhan has announced the dismantling of Eskom’s monopoly, which will see its distribution and transmission divisions being separated by March 31 2020. Gordhan on Tuesday presented journalists with a…
An application for the business rescue of South African Airways will be brought by Solidarity, as part of a tax protest campaign it is launching. This protest includes at least six legal actions against state enterprises, the civic group…
President Cyril Ramaphosa has brought in a member of the opposition, Patricia de Lille, to head the ministry of public works. The president announced his executive on Wednesday evening that saw a reduction in the size of cabinet from 36…
Deputy President Cyril Ramaphosa could be the next casualty of a cabinet reshuffle‚ an insider has told news channel eNCA. James Motlatsi‚ who formed the powerful National Union of Mineworkers with Ramaphosa and others‚ said he had learnt…
Former finance minister Pravin Gordhan is being investigated by the Hawks over the alleged bugging of the National Prosecuting Authority (NPA) offices in 2007‚ Business Day reported on Thursday. The newspaper said Gordhan’s predecessor…
ANC secretary-general Gwede Mantashe has issued a stern warning to party members who want to push for expropriation of land without compensation. He said such a radical policy shift was likely to plunge the country into “deeper crises”.…
In a major reversal for Eskom’s nuclear plans‚ the Western Cape High Court has set aside the determination signed by former minister Tina Joemat-Pettersson in December last year which lays the basis for the nuclear procurement. Judge Lee…
Former Minister of Energy Tina Joemat-Pettersson has resigned as an ANC MP, Parliament confirmed on Thursday. Her resignation is effective from 31 March. This comes in the wake of the resignation of former Deputy Finance Minister Mcebisi…
Former Deputy Finance Minister Mcebisi Jonas has resigned as an African National Congress member of Parliament, the party confirmed on Thursday. Jonas was removed from his position along with Finance Minister Pravin Gordhan last week…
The government has warned protesters demonstrating against President Jacob Zuma that police will crack down on illegal actions. “Government assures all South Africans that Friday‚ 7th April‚ is a normal working day. We have noted social…
Queries about emigrating from South Africa have increased in the past week as a result of “the Pravin effect”. Stuart James, the owner of Intergate emigration agency, said that since Thursday people had been phoning his offices non-stop.…
President Jacob Zuma has informed the ANC’s top six of plans to remove finance minister Pravin Gordhan‚ ANN7 reported on Tuesday. This follows renewed speculation about Gordhan’s future after Zuma on Monday recalled Gordhan and his deputy…
