Eskom

JUST IN: Eskom CEO resigns due to 'unimaginable demands' impacting his health

32 minutes ago

Phakamani Hadebe has announced his sudden resignation as Eskom's chief executive officer, the power utility confirmed to Fin24.

Eskom CEO: 30 companies must pay us back for poor workmanship

Economy

JUST IN: Gordhan fights Mkhwebane's report: 'Public Protector has once again erred'

46 minutes ago

Public Enterprises Minister Pravin Gordhan plans to institute immediate review proceedings against the Public Protector's report and findings, including the proposed remedial action.

Economy

SARS extends deadline for tender to help stop illicit tobacco trade

May 24 2019 18:02

SARS says it will extend the deadline for a tender aimed at securing a service provider to help curb the illicit tobacco trade.

Economy

Gordhan must not be part of Ramaphosa's new Cabinet after PP's findings - EFF

May 24 2019 16:18

Pravin Gordhan is now among other 'constitutional delinquents' the EFF has said, in response to the Public Protector's findings that the minister is guilty of improper conduct in handling Ivan Pillays's early retirement from SARS.

Economy

BREAKING: Public Protector finds Gordhan guilty of 'improper conduct'

May 24 2019 14:19

Public Protector Busisiwe Mkhwebane has found Public Enterprises Minister Pravin Gordhan guilty of "improper conduct" over his approval of then-deputy SA Revenue Services Commissioner Ivan Pillay's early retirement.

Economy

Complainants in the dark about probe into Transnet's R647m payment

May 24 2019 14:36

More than a year has passed without the Hawks updating complainants about their progress in investigating a suspicious R647m payment made by Transnet, the state capture commission of inquiry has heard.

Economy

Investors have wish list as Ramaphosa picks his Cabinet

May 24 2019 12:38

South African equity investors got the election result they wanted, more or less. Now they’re hoping President Cyril Ramaphosa will follow by choosing a team of competent ministers that’s lean and free of the taint of scandal.

Economy

Eskom may be 'too big to fail' - but it's not alone

May 24 2019 10:55

Across Latin America and Eastern Europe, companies that are seemingly too big to fail are weighing down nations they were once meant to support.

Economy

Kganyago says banks could handle potential Eskom default

May 24 2019 07:43

South Africa’s banking industry would be able to withstand a default by Eskom, but the impact on pension funds is a concern for the central bank, Governor Lesetja Kganyago said.

Economy

South Africa part of collateral damage from US-China trade war

May 24 2019 07:32

The country is 'a small, open economy which grows by selling into the global demand,' central bank Governor Lesetja Kganyago told reporters in Pretoria on Thursday.

Inside Fin24.com

'We can't do nothing'

PetroSA can survive 'beyond today' thanks to emergency plan, MPs hear
Business rescue

Group Five has filed for bankruptcy protection
Land expropriation

Valuer-General does not replace court in determining compensation for expropriation - chamber
'Disastrous'

Numsa has rejected the latest tariff increase granted to Eskom

Latest Headlines

Economy JUST IN: Eskom CEO resigns due to 'unimaginable demands' impacting his health JUST IN: Gordhan fights Mkhwebane's report: 'Public Protector has once again erred' SARS extends deadline for tender to help stop illicit tobacco trade	Money Clinic MONEY CLINIC: Help! What can I do to beef up my retirement savings? MONEY CLINIC: How can I get my finances in order to build capital? MONEY CLINIC: How much do I need to save to pay for my childrens' tertiary education?	Markets Markets WRAP: Rand closes at R14.4339/$ Stock rout deepens as investors flee to safe-haven assets 'Whac-a-Mole' stock market is now getting hit from all sides
Investments Ramaphosa's 3 key post-election investor issues Investment: Beware of these two human tendencies Investors must block out election 'noise' - experts	Entrepreneurs Van Reenen family takes beef business from small scale to international supplier 7 ways humans can befriend machines in the workplace Llewellyn sees gap in financial advisory recruitment in SA	Companies Old Mutual suspended CEO in dispute over NMT Capital interest Old Mutual parts ways with CEO Moyo over 'conflict of interest' Old Mutual declines most on record after suspending CEO Moyo

Old Mutual suspends its CEO Peter Moyo BREAKING: Public Protector finds Gordhan guilty of 'improper conduct' BREAKING: British Prime Minister Theresa May announces resignation Old Mutual declines most on record after suspending CEO Moyo Investors have wish list as Ramaphosa picks his Cabinet

Ferial Haffajee: Ramaphosa set to merge two economic ministries Eskom keeps investors in the dark as debt speculation mounts Fuel in Zimbabwe will now cost over R20 a litre Dirty coal: Eskom admits it has no budgets or plans for decommissioning its older coal powered stations World’s biggest miner sees coal's era ending in shift to the battery age

Company Snapshot

Budget 2019

Finance Minister Tito Mboweni delivered his maiden Budget in a tough environment.

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