Browsing: Nhlanhla Nene

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Post Office strike ends

The strike at the South Africa Post Office has been suspended, the Communication Workers Union announced on Tuesday. “Over the past weekend, CWU engaged with workers through our regional and local leadership with workers

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Post Office on the mend

Operations at the South African Post Office (Sapo) are improving as the number of employees returning to work increases, the entity said on Monday. “The number of Sapo employees that have heeded the call to return to work … has increased sharply,” said Simo Lushaba, head of the

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Two unions accept Post Office deal

A wage agreement has been reached with two of three recognised unions at the South African Post Office, it said on Friday. The agreement would be effective from 1 December, said Simo Lushaba, head of the intervention team appointed by telecommunications and postal services minister Siyabonga Cwele

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Eskom to pump R43m into Gupta breakfasts

Eskom interim CEO Collin Matjila has stirred controversy at the power utility over a R43m contract to sponsor The New Age’s (TNA) breakfast briefings, the Mail & Guardian reported on Friday. The new contract commits the cash-strapped power utility to sponsor around one TNA breakfast briefing

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Cwele’s dep’t to get digital TV millions: DA

In his medium term budget policy statement, finance minister Nhlanhla Nene has allocated R620m in funding for broadcasting digital migration to the department of telecommunications and postal services and not to the department of communications

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PIC to invest billions in Africa

The Public Investment Corporation (PIC) is to sink US$1bn into African investments and equities, according to finance minister Nhlanhla Nene. “The PIC will, in the new financial year, also focus on developmental investments in Africa, with a

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Top executives quit Eskom

Two of Eskom’s top executives have resigned, the parastatal confirmed on Wednesday. Eskom’s group executive for sustainability Steve Lennon would leave at the end of March next year and group executive enterprise development and acting group

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Taxpayers to fund Eskom shortfall

Cabinet has approved a package to close the funding gap at Eskom, the national treasury said on Sunday. The package, approved at a special cabinet meeting in Cape Town on Thursday, would guarantee energy security and support gross domestic product growth, spokesman

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DA wants answers on Eskom bailout

The Democratic Alliance demanded answers from the government on Monday on what its bailout plan for the embattled state electricity utility Eskom will entail. Responding to Sunday’s announcement by cabinet that it had approved a funding package to help Eskom with its R225bn

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New ministries will not cost R40m: gov’t

New government ministries will not cost R40m as claimed, acting government spokesman Phumla Williams said on Friday. President Jacob Zuma’s cabinet now includes ministries of water and sanitation, telecommunications and postal services, and small business development. Three departments

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