SA staring 'down a barrel of a downgrade' if Eskom doesn't turn around soon – analyst

2019-10-17 05:00

Eskom's inability to deliver electricity supply during Spring is cause for concern, according to a tax expert.

Deputy finance minister warns of wage freeze, 'looming fiscal crisis'

2019-10-09 22:28

A wage freeze at all levels of the state should be considered, says David Masondo.

Surprise improvement in SA business mood before mini budget

2019-10-09 12:26

Confidence increased from its lowest level in more than three decades in September.

SA heading for junk downgrade, rating forecaster says

2019-10-08 19:21

Renaissance Capital, which has correctly predicted eight sovereign rating decisions since May, is calling a downgrade to junk for SA next month.

OPINION: Mboweni is the only rational minister in Ramaphosa’s lousy government

2019-10-04 05:00

The Finance Minister's ideas will get SA back on track, so why does he stand alone? asks Phumlani Majozi.

'Eskom is not a bank' warns ANC as Mboweni prepares power utility's new funding plan

2019-10-02 15:53

The ANC's head of economic transformation Enoch Godongwana says that funding plans for Eskom still need to be finalised and are likely to be announced at the mini budget.

Here’s what you need to know about this year’s medium-term budget

2019-09-30 21:48

It could be one of the most important since the introduction of the mini budget in 1997.

Eskom’s CEO shortlist includes a former CEO, Shell exec - sources

2019-09-26 12:42

Eskom has shortlisted three candidates for chief executive officer to lead the loss-making utility out of its debt crisis.

Govt raises R74 billion in its biggest-ever Eurobond sale

2019-09-24 08:36

The last time SA came to the Eurobond market was in May 2018.

Home Affairs says budget cuts may mean fewer staff, but offices won't close

2019-09-21 08:39

Minister of Home Affairs Aaron Motsoaledi has confirmed his department is facing compulsory budget cuts.


Stats SA has budget shortfall, over 600 vacant posts, minister warned

2019-10-10 05:00

A budget shortfall at Statistics South Africa could have a negative impact on the quality of official statistics for the country, Parliament has warned.

'I won't fail to try' says Eskom boss as financial performance slides

2019-10-09 14:26

Eskom’s net loss after tax went up to R21bn from R2.3bn in the previous year.

How Medupi and Kusile are sinking South Africa

2019-10-09 07:46

The botched development of the two mammoth coal-fired power stations has haunted the country for the past decade.

Government has just three weeks left to make tough decisions on Eskom, economy

2019-10-07 09:28

The government will have to make some decisions by October 30, when Finance Minister Tito Mboweni is due to deliver his mid-term budget policy statement .

Mantashe: The economy is going to collapse if electricity remains this expensive

2019-10-03 11:38

Government is pushing coal producers to cut prices to help save struggling power utility Eskom.

Investors ditch South African bonds as Moody’s junk threat looms

2019-10-01 16:14

There’s still a month to go until Moody’s Investors Service reviews South Africa’s sovereign rating, but foreign investors aren’t taking chances.

Mboweni issues stark warning to ANC NEC, sticks to plan to sell state-owned companies

2019-09-29 12:13

Finance Minister Tito Mboweni warned that Eskom's debt is now the same size as SA's mining and agriculture sectors, combined.

SA's economy enters 70th month of downward cycle

2019-09-25 11:37

The economy hasn’t expanded at more than 2% since 2013.

SA lines up rare Eurobond as concern mounts over Eskom

2019-09-23 14:57

The country is back in the Eurobond market for the first time since May last year.

'Ailing' economy can't wait for debates, Cabinet must act now - Lamola

2019-09-20 15:58

State-owned enterprises cannot be rescued without strategic partnerships, Justice and Correctional Services Minister Ronald Lamola has said, adding that bold and decisive action is needed.

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