Eskom says it would respect the High Court’s decision to reject its urgent bid to increase electricity tariff by 16% over the next two years. The heavily indebted power utility however added that it was encouraged by the judge’s statement that there was merit to its case.
The Public Investment Corporation (PIC) says it has suspended legal proceedings against Steinhoff pending the finalisation of a mediation process.
PIC says it is ready to resume with legal action against Steinhoff should the mediation process between the two entities fail.
The Public Investment Corporation (PIC) has confirmed that it has filed liquidation proceedings against Sekunjalo Independent Media.
President Cyril Ramaphosa has granted the Commission of Inquiry into the Public Investment Corporation (PIC) an extension to submit its report.