Stage 2 loadshedding continues on Sunday

8 December 2019, 8:04 AM
Eskom will implement Stage 2 loadshedding on Sunday from 9am until 11pm.
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Eskom’s Koko to testify at his disciplinary hearing 30 November 2017, 6:53 AM

Suspended Eskom Group Executive Matshela Koko will on Thursday testify in his own defence when his disciplinary hearing continues in Johannesburg.

Eskom’s woes lead to Moody’s downgrade 29 November 2017, 6:31 PM

Rating agency Moody's has downgraded Eskom earlier on Wednesday citing the power utility's financial and liquidity woes and poor governance.

SAA losses mounting, CFO confirms 29 November 2017, 4:54 PM

South African Airways’ losses for the current year are expected to reach R4 billion, the state-owned carrier’s chief financial officer told Parliament on Wednesday.

Britain urges free and fair elections next year in Zimbabwe 29 November 2017, 3:11 PM

British Foreign Secretary Boris Johnson said on Wednesday the United Kingdom is ready to help stabilise Zimbabwe's economy, but want to do so in context of democratic progress.

N West forum showcases economic successes 29 November 2017, 12:21 PM

The North West government is hosting its annual Villages Township and Small Dorpies (VTSD) Economic Forum on Wednesday at the Mmabatho Convention Centre

Eskom denies Koko hearing collapse 29 November 2017, 12:05 PM

Power utility Eskom has dismissed reports suggesting that the disciplinary hearing into the company's suspended group executive Matshela Koko has collapsed.

Ithala pushes for full banking licence 29 November 2017, 11:45 AM

The financial-service-provider arm of Ithala is busy re-engineering the state owned company so that they will meet Reserve Bank criteria to be granted a full banking licence.

Zuma in Ivory Coast for AU-EU summit 29 November 2017, 7:29 AM

President Jacob Zuma has arrived in Ivory Coast for the 5th AU-EU summit, which starts in that country's commercial capital Abidjan on Wednesday morning.

Moyane slammed over Makwakwa’s reinstatement 29 November 2017, 6:59 AM

Parliament's standing committee on finance has criticised South African Revenue Service Commissioner Tom Moyane for allowing senior official Jonas Makwakwa to return to work, Committee chairperson Yunus Carrim  told Moyane that there was a strong perception that Makwakwa is being protected. 

Court to hear bid to declare Molefe’s pension pay-out unlawful 29 November 2017, 5:41 AM

Trade union Solidarity's court application relating to former ESKOM CEO Brian Molefe's  30 million rand pension pay-out is expected to be heard in  the Pretoria High Court this Tuesday. 

Insurance Bill seeks to promote protection of policyholders 28 November 2017, 9:46 PM

The Insurance Bill that was passed in the National Assembly with more than 200 votes generated heated debate in the House.

Bitcoin keeps rising 28 November 2017, 7:51 PM

The Bitcoin frency continues to spread throughout the world.

SA MPs call for probe into Transnet-Gupta links 28 November 2017, 7:08 PM

Members of Parliament (MPs) from across the political divide on Tuesday called for a probe into allegations of state capture at South African state-owned freight and logistics company, Transnet.

DA supporters march over Mbombela’s failure to pay Eskom 28 November 2017, 6:12 PM

Members and supporters of the Democratic Alliance in Mpumalanga are concerned about the Mbombela municipality's failure to settle Eskom's electricity bill.

SA cannot afford nuclear electricity: Fedusa 28 November 2017, 6:10 PM

The Federation of Unions of South Africa (Fedusa) on Tuesday said that South Africa cannot afford nuclear electricity, adding that the country should rather focus on achieving economic and political stability. Standards and Poor ratings agency last week downgraded the country’s local-currency debt score to junk status or sub-investment grade. Moody’s Investor Services also placed […]

Moyane denies Sars withholding tax refunds 28 November 2017, 5:34 PM

South African Revenue Services Commissioner Tom Moyane has denied that SARS is withholding tax refunds to boost tax collection figures.

Gigaba questions rating agencies criteria 28 November 2017, 5:14 PM

Finance minister Malusi Gigaba has questioned measures used by some rating agencies to determine South Africa credit rating.

DoC won’t get involved in ANN7, MultiChoice issues 28 November 2017, 1:15 PM

Communications Minister Mamaloko Kubayi-Ngubane says that her department will seat back as MultiChoice and television channel ANN7 are implicated in corruption allegations.

No water debts for our municipalities: Western Cape 28 November 2017, 12:49 PM

The Western Cape Local Government Department says all municipalities in the province have fully paid their outstanding water debts.

Airlink and Safair will not merge operations 28 November 2017, 9:53 AM

Aviation expert and Managing Director of Plane talking Linden Burns says that Airlink exists as a carrier that provides full service to people who need to travel between the bigger economic hubs while FlySafair is only competing on the low cost sector against Mango and Kulula.

Water cuts deadline looms for 30 municipalities 28 November 2017, 9:50 AM

The Department of Water and Sanitation has commenced with the issuing of notices to at least thirty defaulting municipalities, notifying them of its decision to terminate bulk water supply.

SARS refutes Makwakwa disciplinary claims 28 November 2017, 9:47 AM

The South African Revenue Services (SARS) says reports alleging that there has been impropriety on the part of Commissioner Tom Moyane in dealing with the disciplinary investigation into Chief Officer of Business and Individual Taxes, Jonas Makwakwa are incorrect.

Eskom inquiry moved to next week 28 November 2017, 6:44 AM

The inquiry into the mismanagement of funds and allegations of state capture at Eskom will not sit this week.

Eskom inquiry postponed by a week 27 November 2017, 9:09 PM

Parliament announced on Monday that the inquiry into the mismanagement of funds at state power utility Eskom will not sit this week, but would resume the following week.

Businesses urged to give job seekers a chance 27 November 2017, 5:18 PM

A summit aimed at discussing possible solutions to address the increasing rate of unemployment in South Africa kicked off in Johannesburg on Monday.

Entrepreneurs discuss SA’s inclusive economic growth 27 November 2017, 4:41 PM

A think tank of South African entrepreneurs has come together at the UKZN's Graduate School of Business in Durban, to unpack the challenges facing South Africa achieving inclusive economic growth.

Zuma calls for action after S&P downgrade, rand up on Moody’s reprieve 27 November 2017, 4:31 PM

President Jacob Zuma called for concrete measures to boost growth after S&P Global Ratings downgraded the local currency debt to sub-investment grade, while foreign currency debt was pushed deeper into "junk" territory.

SARS prevents R2.7 billion in fraudulent claims 27 November 2017, 11:31 AM

The South African Revenue Service (SARS) prevented R2.7 billion in fraudulent claims in the Personal Income Tax environment during the 2017 tax season.

SA not creating enough jobs: Baur 27 November 2017, 9:52 AM

Credit ratings agency S&P Global downgraded South Africa's rating to full junk status on Friday, while Moody's has placed the country on review for downgrade.

Witnesses in Eskom enquiry should get protection: Committee 27 November 2017, 8:15 AM

Parliament's Committee on Public Enterprises says those being subpoenaed to appear before the inquiry into state capture allegations at Eskom as well as witnesses and their families should be afforded protection services.