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South Africa's electricity sector faces its biggest transformation since democracy with the introduction of the Electricity Regulation Amendment Act. From Eskom's monopoly to an open market system, discover how this game-changing legislation will reshape the country's power landscape - and what challenges lie ahead.
Despite a challenging year, South Africans can look forward to 2025 with renewed hope. Out of 364 days, we enjoyed 255 days without load shedding—a remarkable turnaround.
Heath in his extensive report found that the commission could be rendered illegal. Heath also found that there were critical documents missing from the commission’s website that were of public interest.
Heath in his extensive report found that the commission could be rendered illegal. Heath also found that there were critical documents missing from the commission’s website that were of public interest.
Leading the headlines at almost every turn, the name of Sekunjalo, inter-changed with AYO. Yet ‘Sekunjalo’ was never included in the Commission’s self-declared terms of reference, so how did the Mpati Commission and subsequent media reporting, end up being dominated by discussions around this Group, and its executive chairman, Dr Iqbal Survé, and the Commission reporting on ‘findings’ against Sekunjalo?
Dr Dan Matjila, has lamented the reputational damage black professionals and black-owned businesses have suffered as a result of the findings of commissions that lacked substantial evidence.
Matjila has lodged a court application for a review of the findings of the PIC Commission led by Justice Lex Mpati.
Sasol?s share price has steadily declined due to cost overruns and operational problems at its R200 billion Lake Charles chemicals project in the US.
The acute focus on fully functional black-owned businesses is rather glaring and anti-transformation pedalists see this as a resounding victory.
The Commission has made detailed findings against some current and former members of the PIC Senior Management and Board members.
President Cyril Ramaphosa has finally released the report into allegations of impropriety at the Public Investment Corporation.
Former Public Investment Corporation boss Dan Matjila stands by his decision to invest in AYO Technologies, saying it was a ?brilliant? investment opportunity.
Business Report can reveal that the report made no adverse findings against Matjila, Sekunjalo chairperson Dr Iqbal Survé and his companies.
A dividend of 16 cents per share was declared. AYO has paid out R221 million in dividends since listing in December 2017.
A leaked report compiled by PIC Commission, which reportedly clears the asset manager?s former chief executive Dr Dan Matjila and Sekunjalo chairman Dr Iqbal Survé of wrongdoing, has been welcomed by some individuals who maintain they are awaiting it
The sudden resignation of Dan Matjila as chief executive of PIC was not linked to corruption, Deputy Finance Minister Mondli Gungubele told Scopa.
A source close to the forensic investigation into PIC boss Dan Matjila says the probe found no evidence of a relationship between him and MST owner Pretty Louw.
The Public Investment Corporation has denied reports that its CEO would be suspended while a probe into questionable investments by the PIC is conducted.