Stolen cables cut power to Lenasia, parts of Randburg

2019-03-20 10:45

Eskom protection cables feeding electricity to substations supplying most of Lenasia were stolen during load shedding, City Power has said.

ANALYSIS: Load shedding - worse than we thought and here to stay

2019-03-19 21:51

“How long? Frankly…I can’t tell you when it will end...we’ll have a better idea in ten days, two weeks’ time,” says a senior government official on Eskom's power crisis that has led to several days of rotational load shedding.

Expect surge in irregular expenditure reported at SOEs, says Gordhan

2019-03-14 06:00

In the past, auditors failed to correctly identify it, Public Enterprises Minister Pravin Gordhan has said.

Let's give SAA a year or two to recover - Gordhan

2019-03-13 16:39

South African Airways is making financial improvements, Public Enterprises Minister Pravin Gordhan says.

No 'purging' of employees under my leadership - SABC CEO

2019-03-12 15:13

SABC CEO Madoda Mxakwe has assured members of Parliament that the public broadcaster's performance management measures of staff is not a deliberate attempt to purge employees.

Mboweni: Does SA really need state-owned enterprises?

2019-02-20 14:10

The deteriorating financial position of some state-owned enterprises has placed additional pressure on public finances, according to the 2019 Budget Review.

5 state companies to watch in Budget 2019

2019-02-11 13:32

Treasury is likely to give an update on government's financial obligations to struggling state-owned enterprises, when it releases the Budget.

5 questions: ANC economics head on Reserve Bank independence and the Bosasa effect at the polls

2019-01-27 09:38

Fin24 sat down with Enoch Gondongwana to discuss the ANC's manifesto and electoral chances.

World Bank says Eskom simply too big to fail

2019-01-22 14:01

"It is just too big to allow it to disintegrate, and fixing all these pieces will be costlier than trying to reform it," the bank’s country director for SA said at a media briefing in Johannesburg.

Stopping the rot: Don’t blame the mouse, blame the hole in the wall

2019-01-14 20:45

Fixing public procurement in SA means fixing the broken systems that allowed the damage to occur, says Peter Volmink.


Moody’s could take dim view on load shedding next week, economists warn

2019-03-20 06:45

Economists have warned that Moody’s Investors Services could change its outlook from stable to negative or even downgrade South Africa to junk status when it reviews the country’s credit rating next week.

Eskom hits back: We are not formally planning Stage 5 and 6 load shedding

2019-03-19 19:28

Eskom has taken to Twitter to explain its position on load shedding stages 5 - 8, saying they are purely there as a "contingency measure".

Mboweni: I promise you Mabuza does take me seriously

2019-03-13 17:58

The deputy president does take him seriously, Finance Minister Tito Mboweni has said, a day after David Mabuza said he did not take Mboweni's comments seriously.

SABC will have money for salaries by the end of March, says minister

2019-03-12 16:47

Communications Minister Stella Ndabeni-Abrahams says the department has asked Treasury for funding.

SAA needs an additional R4bn - Treasury

2019-02-20 14:22

SAA will require an additional R4bn for the 2019/20 financial year, the funding will be a mix of government guaranteed debt and recapitalisation, Treasury said.

Load shedding: Twitter reacts to Eskom's light bulb moment

2019-02-12 11:29

Eskom may not have had a light bulb moment with the recent announcement of load shedding, but that hasn't stopped the Twitterati from shining a light on what they think might be behind the rolling blackouts.

Eskom CEO says debt swap the best option to rescue utility

2019-02-08 14:01

The easiest way to rescue the beleaguered state-owned power utility would be for the government to assume part of its R419bn debt, says Chief Executive Officer Phakamani Hadebe.

Ramaphosa: It’s too early to suspend officials over commission testimony

2019-01-24 17:29

President Cyril Ramaphosa has said he will wait for the outcomes of all judicial commission of inquiry to be finalised before deciding whether he should suspend government officials implicated in wrongdoing.

BMF to meet Denel over white CEO, before considering legal action

2019-01-15 08:01

The Black Management Forum says it will meet with state-owned arms manufacturer Denel before considering legal action over its concerns that a white male, Daniel du Toit, was recently appointed group CEO.

Eskom task team appointed, initial recommendations expected in January

2018-12-14 17:53

President Cyril Ramaphosa has appointed an Eskom Sustainability Task Team to advise government on actions to resolve Eskom’s operational, structural and financial challenges, the Presidency said in a statement on Friday.

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