South Africa simply has to rescue the nation’s distressed power utility. Even though it can’t afford to.
Browsing: Cyril Ramaphosa
Communications minister Stella Ndabeni-Abrahams has welcomed the first meeting of the Presidential Commission on the Fourth Industrial Revolution (4IR) as a step towards achieving its objectives.
While President Cyril Ramaphosa says power utility Eskom is considered too big to fail, S&P Global Ratings has a different view: it could be too big to support.
While state-owned enterprises such as Eskom, SAA and the SABC continue to make headlines for all the wrong reasons, one (partially) state-owned company is doing quite well, thank you very much. By Duncan McLeod.
South African Airways CEO Vuyani Jarana has quit the financially stricken state-owned company, citing a lack of funding and drop in government support for the carrier’s turnaround plan.
President Cyril Ramaphosa announced on Wednesday evening that he will keep Stella Ndabeni-Abrahams on as his minister of communications.
Telkom CEO Sipho Maseko hopes to work with other industry players to present a plan to President Cyril Ramaphosa about how to deal with the challenge presented by the US’s blacklisting of China’s Huawei.