Eskom expects to report a loss of more than R15-billion in the year to 31 March, a record for any state-owned company.
Browsing: Cyril Ramaphosa
President Cyril Ramaphosa has accepted the resignations of four board members of the financially distressed SABC, placing pressure on parliament to appoint replacements on an urgent basis.
Eskom wants government to absorb about R100-billion of debt as part of a rescue plan for the state-owned utility, according to a report, a move that will put further strain on already stretched state finances.
President Cyril Ramaphosa has announced major changes to his cabinet that will have a direct bearing on South Africa’s telecommunications and broadcasting industries.
President Cyril Ramaphosa said his administration has placed economic growth and job creation at the top of its agenda, and it will ensure there is greater clarity about policy and land ownership rights.