A new oxfam report has found that 82% of the wealth generated in 2017 went to the richest 1% of the global population.
The rand continues to power ahead in value against the dollar. It strengthened by 11 cents on Monday to R12,06.
EFF in the Free State says it is pleased with the Assets Forfeiture Unit's move to seize the controversial dairy farm in Vrede after obtaining a court order.
The ANC in the Eastern Cape has summoned all mayors of the poorly performing municipalities in the province to appear before the provincial leadership at the party provincial headquarters in King William’s Town. This comes after the PEC has expressed concern about the performance of municipalities like Mnquma, Amathole, Raymond Mhlaba and other newly-established municipalities […]
Mineral Resources Deputy Minister Godfrey Oliphant will meet with Northern Cape premier Sylvia Lucas and illegal miners or the so-called Zama Zamas in an effort to deal with the ongoing illegal mining in the province.
Economist Iraj Abedian says corruption at Eskom started as far back as when the current Finance Minister Malusi Gigaba was in the Public Enterprises portfolio. Government appointed a new board at Eskom with Telkom Chairperson Jabu Mabuza as the power utility’s new chairperson. Mabuza has replaced Zithembe Khoza who has resigned. The new board includes prominent […]
Finance Minister Malusi Gigaba says government’s decisive action at Eskom is aimed at showing investors that South Africa is serious about growing its economy.
The parliamentary inquiry into corporate governance at Eskom resumes on Monday.
The appointment of a new board of directors for power utility Eskom will go a long way towards rebuilding confidence in the leadership in South Africa and in the economy, the Basa said on Sunday.
Business Leadership South Africa (BLSA) has welcomed the appointment of the new board at Eskom saying it reflects government's commitment to transform state-owned entities.