Good morning. Here’s what you need to know today: Deputy president David Mabuza says the new Eskom board has the power to fire executives as it sees fit. Eskom chairperson Mpho Makwana says the board is in no rush to oust any of the power utility’s management team. Offering a solution to Eskom’s massive debt …
Good morning. Here’s what you need to know today: Former Steinhoff CEO Markus Jooste expected to apply ‘Stalingrad’ legal tactics after properties were raided. Eskom to be given more funding from government to service heavy debt burden. Telkom shares plunge by nearly a quarter after MTN pulls out of merger talks. Not true that we …
Good morning. Here are the important stories you need to know today: Decisive first move against Jooste ‘great for SA’ The Reserve Bank has confiscated more than R1.4 billion in assets belonging to former Steinhoff CEO Markus Jooste, his wife, and a family trust, in the first action taken against him by the authorities five …
Good morning. Here are the important stories you need to know today: Trade union Untu accepts Transnet wage offer, calls off strike Transnet’s new three-year pay deal with its majority union, Untu, will reduce port congestion as more than half the staff returns to work. The strike, which began its second week on Monday, has …
Good morning. Here are the important stories you need to know today: Workers spurn Transnet latest offer, vow to go on with strike Sunday, the unions at Transnet rejected its most recent offer and promised to continue their strike. On Monday, the United National Transport Union (Untu) will undertake more discussions with the employer, Business …
Good morning. Here are the important stories you need to know today: Workers spurn Transnet latest offer, vow to go on with strike Sunday, the unions at Transnet rejected its most recent offer and promised to continue their strike. On Monday, the United National Transport Union (Untu) will undertake more discussions with the employer, Business …
Good morning. Here are the important stories you need to know today: ‘Devasting consequences of Transnet strike worse than energy crisis’ The South African Association of Freight Forwarders (SAAFF) has urged Transnet and the unions to quickly conclude their wage negotiations. “The ongoing impasse between recognised unions and Transnet is having a devastating effect on …
Good morning. Here are the important stories you need to know today: Stage 2 load shedding to continue on Wednesday and Thursday In a statement released on Wednesday, Eskom announced that stage 2 load shedding will continue on Thursday from 4 pm to midnight, but would be reduced to stage 1 on Friday. Eskom said …
Good morning. Here are the important stories you need to know today: Explosion at substation leaves huge areas of Durban without power On Tuesday, the eThekwini municipality said that a trip at its Klaarwater major substation had cut power to many parts of the city. The city said that its technicians were looking into it …
Good morning. Here are the important stories you need to know today: Zuma’s security deposit raised by R500,000 as court battle with Downer, Maughan begins The Daily Maverick reports that on Monday, the Pietermaritzburg High Court heard that former president Jacob Zuma’s R500,000 security deposit for his private criminal prosecution of advocate Billy Downer and …
Morning Brief: The security deposit for Zuma’s trial increased Read More »
