Despite efforts to make Eskom profitable, including a process of unbundling its divisions into separate entities, “the core problem of debt” has yet to be addressed, Futuregrowth Asset Management has said.
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Independent energy producers were finally making headway in their bid to persuade government to revive long-stalled plans to buy more renewable power when they encountered a new obstacle: the coronavirus.
South African Uber competitor Zebra Cabs has just secured R300m in funding from Futuregrowth Asset Management as the battle of the Internet hailing apps hots up. SA Taxi, which owns the Zebra Cabs owner-driver scheme, said on
As South African finance minister Pravin Gordhan tries to fend off a police investigation, his department is engaged in open conflict with key state-owned companies over their management and spending plans. Threatened court action by the national