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South Africa: President appoints Eskom Sustainability Task Team

South Africa: Ramaphosa appoints Eskom Sustainability Task Team

President Cyril Ramaphosa has appointed an Eskom Sustainability Task Team to advise government on actions to resolve Eskom’s operational, structural and financial challenges. The high-level...
Nugent Commission submits final report to the President

South Africa: Nugent Commission submits final report to the President

President Cyril Ramaphosa has received the final report of the Nugent Commission of Inquiry into Tax Administration and Governance by the South African Revenue...
Acting SARS Commissioner appointment extended

Acting SARS Commissioner appointment extended

Finance Minister Tito Mboweni has re-appointed Mark Kingon as Acting Commissioner of the South African Revenue Service (SARS) for a further 90 days, beginning...
Eskom, AFD sign loan agreement

Eskom, AFD sign loan agreement

Eskom and the Agence Française de Développement (AFD) have signed a R1.5 billion (EUR 90 million) loan agreement to support the electricity utility’s investments...
VBS bank: ANC received millions in 'donations'. Photo: Die Vryburger

Action to be taken against officials involved in VBS saga

Limpopo Premier Stan Mathabatha says action must be taken against all municipal officials implicated in the VBS saga and that the monies involved be...
Dti welcomes judgment on interest rate regulations

Dti welcomes judgment on interest rate regulations

Trade and Industry Minister Rob Davies has welcomed the Supreme Court of Appeal’s decision to dismiss the application of Micro Finance South Africa (MFSA)...
Nersa publishes Eskom RCA decision

Nersa publishes Eskom RCA decision

The National Energy Regulator (Nersa) has published the reasons for its decisions on Eskom’s Regulatory Clearings Account applications for year 2, 3 and 4...
South Africa needs a new economic policy that envisages an overhaul of the power utility Eskom, which can't keep the lights on. EPA/Nic Bothma

Ramaphosa is missing an economic policy. What needs to be in...

As the entrails of the era under South Africa’s former president Jacob Zuma continue to be exposed each day before a commission set up...
South Africa: Government welcomes Fitch below investment grade rating

South Africa: Government welcomes Fitch rating

Government has noted rating agency Fitch’s decision to affirm South Africa’s long term foreign and local currency debt ratings at ‘BB+’ and maintain the...
SA exits technical recession in third quarter

SA exits technical recession in third quarter

South Africa has come out of a technical recession with the economy growing by 2.2% in the third quarter of 2018, said Statistics South...
Buffalo in the Kruger National Park, South Africa. Shutterstock

Counting the contribution of hunting to South Africa’s economy

The hunting of wild animals is an emotive issue, drawing fire from anti-hunting organisations, environmentalists as well as many ordinary citizens. But it also...
SAA appears to be in a tail spin. EPA/Udo Weitz

South African taxpayers can’t keep bailing out broken airline

R21 billion: that’s how much South Africa’s beleaguered national carrier, South African Airways (SAA), says it needs to keep running. SAA has reached this point...
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