Eskom published a JSE stock exchange announcement earlier this week warning its bondholders that there may be more bad news relating to irregularities when it releases its financial results for the year ended
Browsing: Pravin Gordhan
Eskom and its labour unions have agreed to hold new negotiations over pay, the government said, ending protests at power plants that have caused disruptions to power supply. Public enterprises minister Pravin Gordhan
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
Extensive changes are in the offing at South Africa’s troubled state-owned companies as new public enterprises minister Pravin Gordhan moves to tackle their many management and financial failings. Power utility Eskom and
Much dust has been kicked up over MultiChoice’s channel agreements with the SABC and the Guptas’ ANN7 television news channel. The claim is that these parties colluded in a form of state capture and corruption to their mutual
Former cabinet ministers banished to the political wilderness under Jacob Zuma’s presidency are set to make a comeback as his successor prepares to revive the stagnant economy. The ANC top-six officials, including
HSBC Holdings is shutting accounts associated with the powerful Gupta family as it assesses its exposure to the scandal gripping South Africa. The bank is conducting a wide-ranging review of any possible
South Africa is unlikely to adopt policies needed to drive growth, investment and job creation for at least several years because of infighting in the governing ANC, according to one of the country’s leading research institutions. The party
Anyone who believes there’s a quick fix for South Africa’s political and financial malaise when President Jacob Zuma leaves office needs to think again. His successor will inherit an economy that slid into recession
Duduzane Zuma, a son of South African President Jacob Zuma, said all of his bank accounts have been closed because of pressure on financial institutions from former finance minister Pravin Gordhan. Duduzane Zuma’s