finances

SAHUC slams sour critics on R5million surplus

The South African Hajj and Umrah Council has released its audited financial statements for 2019-2020, which shows it has a surplus of over R5 million. This is an increase of R465 000 compared to last year. Sahuc’s financial income, until March 2020, was released during its annual general meeting held[…]

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Financial woes partly to blame for power cuts

Eskom’s financial issues are partly responsible for the country’s rolling blackouts, it said on Friday. “Eskom does have financial issues. It is true that we are having financial crunch and we are currently in discussion with government to get us out of this financial difficulty,” spokesman Khulu Phasiwe said. “Last[…]

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