Mboweni faces tough task of balancing government’s books

Shocking unemployment numbers, low growth and state-owned enterprises, billions of rand in debt. Finance Minister Tito Mboweni faces the tough task of balancing government’s books when he delivers his medium-term budget policy statement. READ: Mboweni expected to do a balancing act Analysts say Mboweni can win favour from ratings agencies and investors by converting[…]

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Eskom’s future debated at Africa Utility Week 2019

By Ebrahim Kangwa Chibwe There was a robust discussion on how to tackle South Africa’s energy crisis at Africa Utility Week 2019 held at the Cape Town International Convention Centre (CTICC). The annual event draws a range of energy and technology experts to what is dubbed as Africa’s premier energy[…]

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Ndabeni-Abrahams requests R3.2 billion loan guarantee for SABC

The SABC is still struggling to meet all of its financial obligations. The SABC says Communications Minister Stella Ndabeni-Abrahams has made a loan guarantee request of R3.2billion for the cash strapped public broadcaster. The newly appointed SABC board  was introduced to staff on Tuesday. SABC Board Chairperson Bongumusa Makhathini says although it can[…]

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