Category: BUSINESS
KZN govt to challenge any attempt by SARB to take over Ithala Bank – SABC News
KwaZulu-Natal (KZN) Premier Thamsanqa Ntuli says the provincial government will continue to legally challenge any attempts by the Reserve Bank’s prudential authority to take over operations of Ithala Bank. Ntuli
Read MoreCEF hands over assets, R5 bln to new petroleum company – SABC News
The Central Energy Fund (CEF) has handed over leased assets and R5 billion in funding to operationalize the newly established South African National Petroleum Company (SANPC). Three of the CEF
Read MoreWestern Cape’s unemployment rate remains lowest in country – SABC News
The Western Cape remains the province with the lowest official unemployment rate at 19.6-percent in the first quarter of 2025. Western Cape Premier Alan Winde says the province has maintained
Read MoreEskom doing its best to manage national grid: Ramokgopa – SABC News
Electricity and Energy Minister Kgosientsho Ramokgopa says Eskom is doing its best to manage the national grid as demand for energy increases during winter. This after the power utility implemented
Read MoreEskom paints a bleak winter picture: Energy expert – SABC News
Energy expert, Professor Vally Padayachee says Eskom’s implementation of stage 2 rolling blackouts paints a bleak picture for its winter outlook. Last week, the power utility promised to keep the
Read MoreLIVE: Status of South Africa’s electricity generation performance
Electricity and Energy Minister, Kgosientsho Ramokgopa, updates the media in Pretoria on the status of South Africa’s electricity generation performance. Live proceedings below: Source link
Read MoreRamokgopa to provide status update on electricity generation – SABC News
Electricity and Energy Minister Kgosientsho Ramokgopa will this morning update the media on the status of South Africa’s electricity generation performance. This comes after Eskom’s announcement yesterday that it would
Read MoreStagnant economy one of the reasons for unemployment rate: Analyst – SABC News
Economist Andre Roux has attributed the high unemployment rate of 32,9% to the poorly performing economy, among other things. Professor Roux says another contributory factor could be that some businesses
Read MorePrivate sector showing appetite for rail investment: Creecy – SABC News
Transport Minister Barbara Creecy says government has received overwhelming responses from the private sector invited to invest in the country’s rail infrastructure. In March, Creecy launched an online request for
Read MoreEskom implements stage two load shedding from 4pm today – SABC News
Eskom has announced that it will be implementing stage two power cuts from 4pm this afternoon until 10pm on Thursday evening. The power utility says the decision is due to
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