Morning Brief

Business pleads with Ramaphosa: Choose a more effective Cabinet (News24) — Business groups have asked President Cyril Ramaphosa to choose a more effective and smaller cabinet when he finally announces his latest reshuffle. In a letter to the president, organised business groups expressed concern over the energy, mining, trade and industry, public enterprises, transport and …

Morning Brief | Business wants effective cabinet, SA Tourism approves Spurs deal, Eskom axes COO position Read More »

Public concern builds as Lindiwe Sisulu confirms Spurs deal is on the table – but denies championing it (Daily Maverick) — Tourism minister Lindiwe Sisulu has confirmed that there is a deal on the table for SA Tourism to sponsor English Premier League football club Tottenham Hotspur to the tune of R1 billion. The minister …

Morning Brief | R1b Spurs deal confirmed, DA calls Spurs deal ‘lunacy’, Fed hikes by 25bps Read More »

National state of disaster: How the ANC plans to end load shedding by year’s end (News24) — The ANC still thinks it may be possible to end load-shedding by the end of the year. Secretary-general Fikile Mabalula said the party sees a declaration of a national state of disaster as critical to accelerating the end …

Morning Brief | Load-shedding to end this year? State of disaster leads to corruption, fuel price increase Read More »

Government is considering declaring SA’s rolling blackouts a National State of Disaster, says Ramaphosa (Daily Maverick) — President Cyril Ramaphosa indicated at the conclusion of the ANC’s annual lekgotla on Monday evening that load-shedding could soon be declared a National State of Disaster. Ramaphosa said a national state of disaster is under consideration in an …

Morning Brief | Load-shedding state of disaster, Eskom misleading public, Phalatse to run for DA leader Read More »

ANC says load-shedding could lead to increased civil unrest (Business Day) – President Cyril Ramaphosa has warned the ANC that it risks losing voters and may face civil unrest in the face of continued rolling blackouts. Ramaphosa’s remarks come after the ANC kicked off its two-day annual meeting in Johannesburg on Sunday. Load-shedding has been …

Morning Brief | Rampant sabotage at Eskom, load-shedding civil unrest, Stage 4 power cuts this week Read More »

Reserve Bank’s lighter touch signals interest rates are near peak (Business Day) – The Reserve Bank’s decision to raise the repo rate by a further 25 basis points indicates that South Africa’s interest rates are nearing their peak and the central bank is feeling more confident that consumer inflation will soon move down into the bank’s …

Morning Brief | Inflation nears peak, fuel price increase, Joburg mayor ousted Read More »

DA challenges Ramaphosa to support its court bid against electricity tariff hike (EWN) – The Democratic Alliance says Cyril Ramaphosa’s announcement that he has asked Eskom to reconsider its 18.65% tariff hike is nothing more than a publicity stunt and the party has challenged the president to support its court bid. READ MORE. Eskom’s rolling …

Morning Brief | Ramaphosa challenged to support DA, Eskom’s 26 failed years, Prosus to cut 30% of staff Read More »

More money for diesel would have reduced load-shedding — De Ruyter (Times LIVE) – Eskom CEO André de Ruyter told Parliament’s standing committee on public accounts that if the struggling power utility had more funding to buy diesel for its open-cycle gas turbines, load-shedding would have been reduced. READ MORE. Enoch Godongwana to talk to …

Morning Brief | More diesel would reduce load-shedding, Yellen to talk energy transition with Godongwana, ditch Eskom says Jordaan Read More »