After a decade of unprecedented growth in staff numbers, cash-strapped power utility Eskom is finally tackling the controversial issue of its headcount. State-owned Eskom, seen by Goldman Sachs Group as the biggest single
Browsing: Cyril Ramaphosa
Last week, deputy chief justice Raymond Zondo said as chairman of the commission of inquiry into allegations of state capture, corruption and fraud that his hope is that once the commission has completed
The National Prosecuting Authority said it’s pursuing 16 charges against former President Jacob Zuma including graft and racketeering that were shelved nine years ago amid allegations of political interference
South African business confidence climbed to the highest since the start of 2015 in the fourth quarter as the appointment of Cyril Ramaphosa as the nation’s president boosts prospects for industry-friendly
Eskom bought itself some financial breathing room after signing a R20bn short-term credit facility with a group of banks. The power utility needed the liquidity to see it through to the financial year that starts
The buffering wheel on mobile-device screens could be the most-watched entertainment if pending legislation cripples South Africa’s dynamic cellphone sector. Should the monopoly wireless network that is the
President Cyril Ramaphosa reshuffled his cabinet late on Monday evening. He appointed Nomvula Mokonyane as the new minister of communications, replacing Mmamokolo Kubayi-Ngubane. The ministry of
South African company heads cheered the start of Cyril Ramaphosa’s presidency, saying that business and consumer confidence were sure to improve following the departure of scandal-hit Jacob Zuma. The result should be economic
For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialised with the ruling elite, including their friend, then-President Jacob Zuma. They weathered accusations that
The ANC took a political gamble by increasing sales tax ahead of elections next year as new President Cyril Ramaphosa seeks to stabilise debt and prevent a third junk credit rating. The value-added tax rate will be raised