Rand slides as Moody’s warns of Eskom rescue risks

2019-07-25 18:04

The rand weakened on Thursday as Moody’s Investors Service, the only major rating company that still assesses South Africa at investment grade, warned a decision to more than double state financial support for Eskom is “credit negative”.

The year of the buffalo: Zuma, wheel nuts and load shedding

2018-12-14 06:00

President Cyril Ramaphosa has had a heck of a long year. His ouster of Jacob Zuma on Valentine’s Day was the undisputed highlight. But it hasn’t been plain sailing since, writes Pieter du Toit.


Eskom 'too big to fail' and won't be privatised, Ramaphosa tells investors

2019-05-15 14:31

Ramaphosa was delivering his first major post-election economic address at a conference hosted by the Goldman Sachs Group.

Meet the new Eskom board

2018-01-21 10:32

Deputy President Cyril Ramaphosa has announced a new board at Eskom, directing it to appoint a permanent CEO and CFO within the next three months.

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