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The unemployment rate could worsen, warns Vavi

South Africa’s unemployment rate rose to 27.6% of the labour force in the first quarter of 2019 from 27.1% in the final quarter of...

ANC councilors walk out of Mashaba’s SOCA

African National Congress (ANC) councilors staged a walkout during Johannesburg Mayor Herman Mashaba's State of the City Address. During his State of the City Address...

Maria Ramos tipped to unbundle Eskom

Former Absa CEO Maria Ramos is one of the people being considered to head up the process to unbundle Eskom into three components as the chief reorganization officer...

Electricity supply crisis looming again in South Africa

The electricity supply crisis ahead could make intermitted outages in the past months seem minor in comparison. According to a report, Eskom Holdings SOC Ltd,...

Ramaphosa didn’t say Eskom wouldn’t pay salaries in April – NUM

The National Union of Mineworkers (NUM) has disproved reports claiming that South African President Cyril Ramaphosa told the workers' union that Eskom would not...

Nuclear energy could have prevented SA energy crisis – Zuma

According to the former South African president, the power crisis could have been avoided if only the Russian nuclear deal had gone ahead. It...

Load-shedding in SA expected to be lower over the weekend —...

Eskom, the embattled South African power utility, hopes load-shedding will be on lower levels during the weekend as the company has managed to bring...

No blackouts at Ed Sheeran’s concert in Johannesburg

No load-shedding is expected during the performance of the famous British singer Ed Sheeran. The concert will take place on Saturday night and Sunday...

New Development Bank provides multibillion-rand loan to Eskom

Eskom, the South African embattled power utility, has been granted an R11bn loan from New Development Bank to overcome its capacity challenges. The bank’s Monale...

Eskom to bring load-shedding to lower stage by weekend

The state-owned firm Eskom is expected to bring load-shedding to a lower stage by the weekend. As the South African media reported earlier, the enterprise implemented...

State capture commission to focus on Denel

The Judicial Commission of Inquiry into allegations of State Capture, Corruption, and Fraud in the Public Sector is expected to investigate the Denel's activities....

National Treasury and Public Enterprises Dept to assist Eskom

The state-owned company Eskom will be assisted by the National Treasury and the Public Enterprises Department. The institutions are going to help the company...

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