Browsing: SA economy

Government’s gross debt stock is projected to increase from R4.73 trillion in 2022/23 to R5.84 trillion in 2025/26, says Finance…

By Busi Mavuso, No matter what largesse Finance Minister Enoch Godongwana allocates in Wednesday’s budget to address SA’s numerous ailments,…

Struggling Eskom on Sunday said owing to the breakdown of eight generation units Stage 6 load-shedding was continuing “until further…

By Neil Thomas Stacey Eskom’s financial reports from December 2022, read by candlelight as they may have been, paint a picture…

Eskom board member, Mteto Nyati, says the power utility and its board is working intently on five key priorities to…

Albert Einstein is rumoured to have said “Insanity is doing the same thing over and over and expecting different results”.…

Eskom announced today that evening loadshedding will be maintained at Stage 4 daily at 16:00 – 05:00 while Stage 3…

The Department of Public Enterprises (DPE) says it is seeking legal advice and will respond soon to a lawyer’s letter…

President Cyril Ramaphosa has cancelled his travel plans to Davos, Switzerland, in order to deal with the current load shedding…

National Treasury says it continues to engage with the Department of Public Enterprises and Eskom with the aim of identifying…

Eskom has delayed the start of the Koeberg Nuclear Power Station’s maintenance outage to next week Saturday to allow the…

Eskom and Hyosung Heavy Industries, one of the appointed service providers for the Eskom Battery Energy Storage System (BESS) project,…

The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC)…

President Cyril Ramaphosa says government remains committed to transformation of the economy and empowerment. He was addressing the nation through…

Stage 3 load shedding will be implemented from 4pm and Tuesday evening until 5am, Eskom said on Monday. Stage two…

By Ezekiel Kekana PRASA says 396 Shosholoza Meyl train carriages nationally will be scrapped and sold. 155 carriages have been parked…

Eskom has announced that Stage 1 and 2 load shedding will be implemented for the rest of this week. Stage…

Struggling Eskom implemented Stage 4 load-shedding early Tuesday morning. The power utility said five generation units at five power stations broke…

Transnet has tabled a three-year wage offer to the South African Transport and Allied Workers Union (SATAWU) and the United…

By Zimbali Mncube The first two articles in this series focused on defining a Universal Basic Income Grant (UBIG) and explaining its impacts…

Eskom will continue to implement load shedding this week due to constraints from its diesel suppliers that is affecting the…

Dear Fellow South African, For every person living in this country, the past two weeks of load shedding have been…

The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 75 basis points.…

By James Stent 1. Revenue from train fares has plummeted while the state subsidy has skyrocketed Nothing quite conveys the disastrous…

President Cyril Ramaphosa says resolving the energy crisis is critical to ensure that the economic and investment potential of the…