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Eskom Implements First Power Outages In Months

STRUGGLING South African power utility Eskom implemented planned power outages for the first time since March on Friday, ending a period of...

A Peculiar Victory For Department Of Public Enterprises As SAA Workers, Except Pilots, Accept Severance Pay

THEBE MABANGA   PUBLIC Enterprises ministry has announced that South African Airways employees, except pilots, have accepted in principle...

Media24 Considers The Ending Of 5 Magazine Titles, 2 Newspapers and 510 Staff Retrenchments

NASPERS’ Media24 unit announced on Tuesday that it is considering the closure of five magazines and two newspapers, outsourcing and reducing the...

Capitec Forecasts 70% Profit Fall In Blow To Shares

CAPITEC Bank forecast a fall of at least 70% in first-half earnings on Friday due to a spike in bad loans from...

TymeBank Rethinks Unsecured Loans After Coronavirus

TymeBank is considering ditching an expansion into unsecured loans due to the coronavirus crisis, its owner African Rainbow Capital Investments (ARC)...

ArcelorMittal South Africa Fined R3.64m Over Hydrogen Sulfide Emissions

ARCELORMITTAL SOUTH Africa will pay a fine of 3.64 million rand ($219,658) relating to charges it exceeded hydrogen sulfide minimum emissions...

South African Airlines Look To Restart Operations, See Slow Recovery

AIRLINK has started taking bookings on its website for flights from June 8, while Safair is taking bookings for flights resuming...

Government Receives SAA Draft Business Rescue Plan

THEBE MABANGA THE DEPARTMENT of Public Enterprises has received the draft rescue plan for South African Airways (SAA)...

Ramaphosa Prepares SA To Face The Perfect Storm With A New Economic Reality

THEBE MABANGA AS SOUTH AFRICA moves to Level 3 after 65 days in a national lockdown, President Cyril...

Eskom Made A R16 billion Loss in 2019/2020 Financial Year, MPs Told

State-owned power utility Eskom made a loss of R16 billion in the 2019/20 financial year, compared to R20 billion in the previous...

Reserve Bank Governor Lesetja Kganyago Says SA’s Financial System Remains Resilient Despite COVID-19

INSIDE POLITCS REPORTER THE South African financial system remains resilient despite the impact of the lockdown caused by...

Politics

Cyril Ramaphosa: The Coronavirus Storm Is Upon Us, Far Fiercer And More Destructive

CYRIL RAMAPHOSA Last night, I addressed the nation on the state of the coronavirus pandemic in our country. What...

COVID-19 Storm: Ramaphosa Announces Curfew, Enforces Masks and Reinstates Alcohol Ban To Free Up Hospital Beds

CHARLES MOLELE PRESIDENT Cyril Ramaphosa says government has decided to take some of the most drastic measures to curtail...

Robert Nkuna Appointed New DG For Department of Planning, Monitoring and Evaluation

ROBERT Nkuna has been appointed the new director-general of the Department of Planning, Monitoring and Evaluation (DPME).   Nkuna...