Good morning. Here are the top stories you need to know today: JSE poised for more turbulence after bourse loses 9% over two weeks Traders are gearing up for another rough week on the stock exchange floor after the local bourse closed nearly 3% down on Friday and looks set to face another bruising period …
Good morning. Here are the stories you need to know today: Cost of living is hurting economy, says Kganyago in defence of rate hike South African Reserve Bank governor Lesetja Kganyago cited the adverse effects of the cost of living crisis as he defended the bank’s decision to hike interest rates by 75 basis points …
Good morning. Here are the top stories you need to know today: Ramaphosa, ministers still ‘deliberating’ on load shedding crisis On Wednesday, President Cyril Ramaphosa scheduled an 8:00 cabinet meeting to discuss various issues but top of the list was the energy crisis. After hearing a presentation from public enterprises minister Pravin Gordhan cabinet was …
Good morning. Here are the top stories you need to know today: Breakdown nation: Insurance scrambles with claims as Eskom collapses from global leader to local pariah Eskom was once seen as a thriving company and model of efficiency – the envy of the world over for those who wished they had a well-run power …
Good morning. What’s it like inside Eskom at the moment? What’s being done to solve the energy crisis? And what if it gets worse? A special report attempts to make sense of the Eskom crisis. The power utility has paved the way to secure more than 1,000 MWs. Load shedding has a direct effect on …
Good morning. Eskom will scramble to buy around 1,000 MWs from independent power producers on Monday. South Africa is at risk of breaching stage 6 load shedding. President Cyril Ramaphosa will cut short his international trip to return home and deal with load shedding. Eskom scrambles to buy 1,000MW from private sector – Business Day …
Good morning. President Cyril Ramphosa will have trade top of his mind when he visits the White House today but President Joe Biden wants to talk about Ukraine. Petrol looks set for another price cut next month but diesel could increase. Elon Musk wants a key former Twitter employee to testify on the spam and …
Good morning. As more IPPs come online it could force Eskom to eventually shut down as it’s left with consumers unable to pay for high electricity costs. An independent panel will determine whether President Ramaphosa must answer for Phala Phala in his impeachment case. The high court ordered SA Express to be liquidated leaving over …
Good morning. Today we’re covering municipalities who fail to pay their electricity bills, leaving Eskom with yet another headache, unions and Putco finally agree on wage increases, and Delta will fly from Cape Town seven days a week during summer. Culture of non-payment leaves Eskom with a R50bn debt headache – Daily Maverick A deep-rooted …
Good morning. Today we’re covering Eskom’s claims that the standard and quality of maintenance are not what they should be, the owners of the Jagersfontein diamond mine were warned to shut it down years ago, and bond markets slump over growth outlook and inflation. ‘Standard and quality’ of maintenance work not what it should be, …
