JSE ends the week firmer amid mixed international peers
Propagandists need to sort out Israeli atrocities against Palestinians before they deign to teach the ANC anything about human rights
The Hawks, the Special Task Force, the National Intervention Unit and the Tactical Response Team will be deployed to the West Rand, says Gauteng premier David Makhura.
Nomusa Dube-Ncube, Amanda Bani and Mbali Frazer were interviewed for the position of premier on Saturday
The airline has been in business rescue since July 2021
The reforms under way will attract much private investment, says minister in the presidency Mondli Gungubele
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Catastrophe ‘miraculously avoided’, plant’s operator says, after Russian shells landed near spent nuclear fuel, ‘but miracles can’t last forever’
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
The vehicle is available in a single model boasting top features, enhanced mechanicals and a refined drive
Over the past decade Eskom’s revenue as a percentage of GDP has doubled from 1.9% to 3.8%, while its electricity sales fell 15%, because electricity tariffs more than doubled in constant rand. Meanwhile, the utility has sought increasingly harsh measures, including shut-offs and impounding resources, to make municipalities pay up if they fall behind on their electricity payments. Its actions have flown in the face of a core promise of democracy: in contrast to apartheid, basic municipal services will be extended to all citizens equally, wherever they live.
Eskom argues that it has to squeeze more from municipalities because its own expenses have soared. To start with, domestic coal prices have escalated in large part because mine operators have managed to reclaim the rents that historically constituted a core advantage for SA industry. In addition, Eskom is paying for its misguided technology choices, faulty engineering and state capture over the past decade...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.