Matshela Koko was reinstated by the board of Eskom to his role as acting CEO, on Friday morning. Previously the head of generation at the state utility, he was suspended and subject to an internal probe relating to the company’s
Author: Warren Thompson
Vehicle recovery and telematics company Cartrack announced interim results for the six months ending August on Wednesday that saw earnings growing handsomely on the back of a jump in
Telkom’s share price fell sharply on Thursday as investors assessed the implications of faster than expected capital expenditure and a concomitant rise in debt to sustain it. The share price fell 4,2%% to close at R67,64/share
Net1 subsidiaries Money Line Financial Services and Manje Mobile Electronic Payment Services were granted their rights to enforce deductions on social grants paid to Grindrod bank accounts in the high court in Pretoria on Tuesday. The subsidiaries
The International Finance Corp, a member of the World Bank Group and Net1’s largest shareholder, promises to engage with the management of the company to “promote responsible business
There is now a strong possibility that the South African Social Security Agency will be weaned off its dependence on one operator which is able to dictate terms by virtue of a “closed-loop” system. This follows the news that the interministerial task team led
The minister of finance’s replying affidavit filed in court on Monday appears to comprehensively argue every point raised by the Oakbay group of companies and forcefully refutes the assertion that Pravin Gordhan