Good morning. Today we’re covering the Treasury’s plan to transfer a significant portion of Eskom’s enormous debt burden, a new coalition government seeks to unseat the ANC in Nelson Mandela Bay, and Apple delivers better than expected earnings results. Treasury’s plan for Eskom debt opens way to raise cheaper financing – Business Day (for …
Good morning. Today we’re covering Eskom’s need for private sector funding, the latest evidence against suspended public protector Busisiwe Mkhwebane, and the Numsa elective conference results. Eskom looks to private sector to help with R990bn it needs for new generation – Business Day (for subscribers) Eskom says it will need a whopping R1.2 …
Good morning. Today we’re covering the IMF’s revised GDP forecast for South Africa, which provides some good news for a world economy that’s set course for stormy weather. IMF sees light in darkness for SA as it raises GDP forecast – Business Day (for subscribers) With the global economic outlook turning gloomy, the …
Good morning. Today we’re covering President Cyril Ramaphosa’s announcement of an energy plan to deal with the electricity crisis at Eskom. Here it is: Ramaphosa’s ‘energy action plan’ to end SA’s rolling blackouts – Daily Maverick Ramaphosa took to our TV screens last night to address the energy crisis at Eskom, acknowledging that …
Good morning, today we’re covering the ANC KwaZulu-Natal elective conference that took place over the weekend, where President Cyril Ramaphosa was dealt a blow to his ANC presidency election ambitions. New ANC KZN leader Siboniso Duma saves Cyril Ramaphosa from embarrassment – Daily Maverick Ramaphosa arrived at the conference on Sunday evening after …
Good morning. Today we’re covering the repo rate hike from the SA Reserve Bank, the ANC’s KZN elective conference over the weekend and US President Joe Biden tests positive for Covid-19. Reserve Bank signals sharper rate hikes ahead as it confronts inflation – Business Day (for subscribers) SA Reserve Bank governor Lesetja Kganyago …
Good morning, here’s what you need to know today. The higher than expected inflation rate could force the Reserve Bank to hike the interest rate faster. Taxpayers will likely have to foot suspended public protector Busisiwe Mkhwebane’s legal bills. Gordhan says the government needs Solidarity’s help in finding engineers to work at Eskom. …
Morning Brief: Higher than expected interest rate hike on the cards Read More »
Good morning, here’s what you need to know today. President Cyril Ramaphosa missed a Monday deadline to answer questions about his version of events concerning the Phala Phala farm robbery, fuel prices are set to decrease next month if the rand exchange rate and oil price holds, and a judge set the trial date …
Morning Brief: Ramaphosa misses Phala Phala questions deadline Read More »
Good morning, here’s what you need to know today. Suspended public protector Busisiwe Mkhwebane was directed by the SSA to try to rewrite the constitution of the country, the state of disaster in KZN has been extended for a further month, and the heatwave sweeping across Northern Europe is having economic impacts. State …
Good morning, here’s what you need to know today. Sasol does not expect there will be fuel shortages after it closed the Natref refinery over the weekend, Business owners say load shedding is worse for profits than covid-19, and ANC deputy secretary general Jessie Duarte dies. Sasol does not expect fuel shortage as …
Morning Brief: SA’s entire oil refinery network is down following Sasol outage Read More »
