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Tsotsi: Zuma told me to investigate Eskom rot

Mar 27 2015 12:25

President Jacob Zuma himself backed a plan to set up an inquiry to investigate “rot” at Eskom, claims chairperson Zola Tsotsi.


Load shedding probability remains high, says Eskom

Mar 27 2015 08:53

Power utility Eskom has flagged a high probability for load shedding on Friday, and warns that weekend power cuts may also be on the cards.


Big chance for May rate hike, warns economist

Mar 27 2015 06:31

Some statements at the SA Reserve Bank announcement on interest rates suggest there may be a much higher probability of a rate hike in May, warns an economist.


Matona has 'no idea' why he was suspended

Mar 26 2015 15:31

Tshediso Matona, the CEO of embattled power utility Eskom, believes his suspension was unfair and unlawful and has asked the labour court to set it aside.


Eskom can’t afford to pay independent power producers

Mar 26 2015 12:47

Eskom’s cash flow is not strong enough to renew contracts with independent power producers who has fed almost 800 megawatts into the national grid.


Numsa: Workers locked out of Medupi site

Mar 26 2015 09:27

Workers at Eskom's Medupi power plant have been locked out of the construction site after a one-day strike, says a Numsa official.


Zuma calls for more black-owned factories

Mar 25 2015 18:22

Manufacturing is the least transformed sector of the economy, President Jacob Zuma says, while calling for more factories owned by black people.


Load shedding costs up to R80bn a month

Mar 25 2015 11:00

Eskom's electricity cuts cost the economy between R20bn and R80bn a month, according to a presentation by the department of public enterprises to parliament

Inside Fin24.com


Nene slams media on Eskom reporting

Mar 24 2015 13:28

Government is taking measures to resolve Eskom's problems and the reporting on the topic has not been helpful, Finance Minister Nhlanhla Nene has told MPs.


Building plans lift Sarb business indicator

Mar 24 2015 10:28

The Reserve Bank's leading business cycle indicator rose 0.3% month-on-month in January, lifted by higher residential building plans passed.

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Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

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