Cape Town - From President Jacob Zuma’s late night Cabinet reshuffle in March to the dramatic plunge of Steinhoff’s share price in December, 2017 was a year of dramatic economic news events.
At times the financial news came thick and fast.
State power utility Eskom, for example, in late 2017 was facing daily hearings in Parliament in Cape Town over the mismanagement of public funds - what became better known as the State Capture Inquiry - while its suspended acting CEO Matshela Koko was facing a public disciplinary hearing in Johannesburg.
At the same time its former CEO Brian Molefe was himself preparing for his day in court, which was set to decide not only whether he had resigned or been fired from the power utility, but also whether he had in fact ever been a full-time employee at all.
Meanwhile Eskom’s new leadership presented arguments to energy regulator Nersa on why it needed a 20% tariff hike.
And all the while articles based on the #GuptaLeaks were delving into the exact nature of Eskom’s suspicious contracts with firms such as global consultancy McKinsey and Gupta-linked company Trillian.
Through it all, Fin24 strived to keep our users informed with credible and relevant news, incisive opinion pieces and South Africa’s best financial analyses.
We would like to thank you, our readers, for your support during an eventful year.
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Here's to a great and prosperous 2018 - together!