Latest News & Developments
The Public Protector has vindicated former Eskom CEO Andre de Ruyter in a high-profile investigation into allegations of nepotism and procurement irregularities. The investigation focused on the controversial R200 000 monthly appointment of Werner Mouton and found that all proper procedures were followed, despite claims of impropriety by former chief procurement officer Solly Tshitangano.
The Public Protector has vindicated former Eskom CEO Andre de Ruyter in a high-profile investigation into allegations of nepotism and procurement irregularities. The investigation focused on the controversial R200 000 monthly appointment of Werner Mouton and found that all proper procedures were followed, despite claims of impropriety by former chief procurement officer Solly Tshitangano.
South African Airways marks a pivotal moment in its recovery journey with the appointment of John Lamola as permanent Group CEO. After posting its first profit since 2012 and expanding operations significantly under Lamola's interim leadership, SAA sets course for sustainable growth with full state backing.
South Africa's state-owned transport utility Transnet faces mounting financial challenges as Treasury calls for urgent debt stabilisation. With losses exceeding R7. 3 billion and declining rail volumes, the entity must implement strategic reforms to restore operational efficiency and financial sustainability
The South African Treasury, alongside the Department of Communications and Digital Technologies, is implementing a crucial rescue plan for the struggling Post Office. With R1. 8 billion allocated and 354 branches closed, can this intervention save one of South Africa's oldest institutions?
The Budget has the capacity to drive investment and deliver public services enabling society and the economy to function.
Eskom remains at the heart of SA’s economic and fiscal challenges, as ongoing operational inefficiencies, financial instability, and structural vulnerabilities continue to pose significant risks.
Cosatu welcomes its progressive commitments and are encouraged by progress achieved over the past year but remain extremely worried about the slow pace of implementation in many instances.
South African markets showed resilience last week, recovering strongly despite widespread scepticism following President Ramaphosa's State of the Nation Address. While SONA promises face criticism, the JSE reached new record levels amid global market optimism
South African freight and travel industry leaders respond to President Ramaphosa's SONA commitments on logistics reform, calling for accelerated implementation and concrete timelines for infrastructure improvements.
Unpacking Sona: from growing industry to key economic reforms.
Achieving economic growth above 3% through significant investment in new infrastructure and the maintenance of existing infrastructure.
Transnet Engineering's acting CEO reveals significant progress in returning idle locomotives to service and identifies three promising areas for private sector collaboration, including legacy fleet operations, foundry services, and the Trans-Africa Locomotive project.
As South Africa grapples with recent loadshedding, this analysis examines Eskom's transformation journey, highlighting both achievements and persistent challenges. From debt management to infrastructure concerns, we explore critical interventions needed to ensure sustainable power supply and economic growth.
Lieutenant General Godfrey Lebeya reveals shocking statistics on police murders and State Capture investigations in South Africa, underscoring the urgent need for action against crime and corruption.
A new bill proposing to consolidate South Africa's state-owned enterprises under a single holding company has sparked widespread concern among experts. Critics warn the National State Enterprise Bill could facilitate state capture while failing to address fundamental SOE challenges. Key figures from business, labour, and academia highlight risks of reduced accountability and increased political interference
Despite its ambitions, the SDT last year reported significant financial underperformance, raising alarms about the health of South Africa’s diamond industry.
South Africa's rail network takes significant step towards privatisation as industry leaders endorse Transnet's new network statement, despite ongoing concerns about financial viability.
South Africa faces a critical juncture as 67 000 Community Works Programme employees face dismissal amidst record unemployment rates. This comprehensive analysis examines the urgent need for public sector reform and proposes solutions to address the nation's employment crisis.
Eskom’s plans to penalise consumers for seeking alternative energy sources highlight the mismanagement and corruption that have plagued the utility.
South African Airways is offering refunds and rebooking options for passengers affected by a pilot strike over salary disputes
South African Airways pilots are on strike, demanding a wage increase of 15. 7%, while the airline offers only 8. 64%. The ongoing dispute could lead to a complete shutdown of operations.
Eskom said over and above the National Treasury R450bn debt-relief guarantee and efficiency measures, it was implementing municipal debt recovery and ensuring an appropriate tariff, which is critical to financial sustainability.
Transnet’s elevated debt is projected to climb from R134. 7bn in fiscal 2024 to R151bn by fiscal 2025.
No amount of state bail outs, estimated at about R50 billion, could stem its freefall. Covid-19 seemed to mark the final blow. This was a devastating moment for the then 10 000 employees in the SAA Group.