As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
A number of problems have hit Eskom's plants.
Despite a previous statement by Eskom that a class action against it over load shedding has little basis, the law firm arranging the suit believes that there is a viable case and has been approached by over 400 organisations who want to make a claim against the power utility.
Eskom has warned the electricity system is tight this week and is encouraging consumers to use less.
A note sent to Eskom's staff reveals that the power utility's headquarters are not immune to load shedding either.
Public Enterprises Minister Pravin Gordhan told members of Parliament that government will appoint additional members to Eskom's board soon. He said these would be people who have engineering skills and experience in turning around ailing institutions.
DA leader Mmusi Maimane has called for the privatisation of Eskom, while President Cyril Ramaphosa has assured it will remain state-owned.
Public Enterprises Minister Pravin Gordhan said that no one could have anticipated the re-emergence of load shedding four days ago, referring to the present state of Eskom as an "emergency".
If Eskom continues on its current trajectory, it won't last beyond April 2019, the portfolio committee on public enterprises has heard.
The re-emergence of load shedding will negatively impact costs in the agriculture and industrial sectors, possibly deterring investors and leading to job shedding, various industry representatives have warned.
South Africa’s business process outsourcing industry has been nominated for the European Outsourcing Association's offshore destination of the year award.
There is no more time for ideological debates when it comes to reforms for the power utility, those close to the process say.
FNB has gone from storing flamingo feathers in the 1800s to modern-day fintech, but its digital plans could be scuppered by load shedding.
Eskom will implement Stage 2 load shedding on Friday.
Eskom has announced the risk of Stage 1 load shedding from 14:00 to 22:00 on Thursday.
A look at the nine-point plan that Eskom hopes will turn its fortunes around.
President Cyril Ramaphosa said there is no single solution to Eskom's crisis.
Public Enterprises Minister Pravin Gordhan says that government will step in to help Eskom deal with its financial problem, but the intention is not for the power utility to burden the fiscus over the medium term.
MPs bashed president Cyril Ramaphosa's plans to unbundle Eskom, some of which have said it has come too late while others have called it a guise for privatisation.
McKinsey & Company has identified 700 African firms with annual sales of more than $500m, many of which are growing and reinvesting.
Foreign owned private security companies would be compelled to sell 51% of their shares to South Africans, according to a newly passed amendment bill.
Cape Town Southern SuburbsNDC Personnel & Contractors CC
Cape TownTSU Protection Services (Pty) LtdR1 000.00 - R40 000.00 Per Month
GoodwoodMPC RecruitmentR6 500.00 Per Month Per Month
R 2 995 000
R 2 960 000
R 11 800 000
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