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    The hub will help answer your business and money questions during the coronavirus crisis.

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    The former SAA chair has been declared a delinquent director for her role at the national airline.

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    Govt says emerging research shows smoking leads to more severe cases of Covid-19.

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Eskom

PIC may convert Eskom debt to equity

May 28 2020 20:45

The proposal has been submitted to South Africa’s National Treasury by the PIC and its main client, the Government Employees Pension Fund, Chairman Reuel Khoza said in an interview.

South Africa

Govt seeks funds for R350 billion infrastructure plan as Covid-19 job losses loom

May 28 2020 11:55

The program will focus on 'network industries such as rail and ports, energy, broadband connectivity, water, sanitation and human settlements,' the ANC's Paul Mashatile said in a speech to London’s Chatham House on Wednesday.

Eskom

City Power warns of 'load rotation' in Joburg as winter demand spikes

May 28 2020 09:50

Load rotation takes place when the utility stops providing electricity to an area as a preventative measure to shield its equipment from being overloaded and damaged.

Eskom

Eskom could make a R16bn loss in 2020, MPs hear

May 27 2020 22:16

The power utility could record a loss of R16 billion for the 2020 financial year, said Acting Director General of the Department of Public Enterprises Kgathatso Tlhakudi.

South Africa

Abel Sithole appointed as new PIC head

May 27 2020 16:09

Cabinet has approved the appointment of Abel Sithole as the CEO and Executive Director of the Public Investment Corporation, Finance Minister Tito Mboweni announced on Wednesday.

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Eskom

Eskom plan to skip pollution equipment not legally feasible

May 26 2020 21:45

Eskom's desire to avoid spending R42 billion reducing sulfur dioxide emissions at one of its power plants isn't legally feasible, says the Department of Environmental Affairs.

Economy

South Africa rations diesel after refinery shutdowns curb supply

May 26 2020 21:31

South Africa has implemented diesel rationing, as demand recovered more quickly than expected after a lockdown to control the spread of coronavirus was eased.

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