Author

 
Lynley Donnelly  

Lynley Donnelly  

    Flailing Eskom out of options
    Flailing Eskom out of options
    Eskom’s severe financial constraints, outlined in stark detail in court papers, reveal why it has stuck to its 0% wage offer, a rare move for a...
    A global trade war is no joke
    A global trade war is no joke
    The memes of a recalcitrant Donald Trump being loomed over by Germany’s Angela Merkel, in the wake of last weekend’s G7 summit, are funny.
    PIC still limping from Steinhoff blow
    PIC still limping from Steinhoff blow
    In a week when the Public Investment Corporation (PIC) faced a grilling in Parliament about a number of recent controversies, a clearer picture has...
    Too soon for Ramaphoria to boost weak economy
    Too soon for Ramaphoria to boost weak economy
    The economy’s decline in this year’s first quarter does not mean Ramaphoria has fizzled out, say economists, but it does show that new...
    Banks weather tough climate but brace for new auditing standards
    Banks weather tough climate but brace for new auditing standards
    The banking sector has received a relatively clean bill of health, despite a tough economic climate and a slight uptick in impaired advances,...
    SARB confidence in saving VBS declines
    SARB confidence in saving VBS declines
    The South African Reserve Bank’s confidence in saving troubled VBS Mutual Bank has declined since it was placed under curatorship in March, chief...
    VBS fined R2.5m for flouting money-laundering regulations
    VBS fined R2.5m for flouting money-laundering regulations
    In 2017, embattled VBS Mutual Bank was fined R2.5-million by the South African Reserve Bank (SARB) for failing to comply with regulations aimed at...
    Crackdown on obdurate local councils
    Crackdown on obdurate local councils
    Proposed changes to the Public Audit Act will give the auditor general more power and put a stop to municipalities’ ongoing failure to act,...
    VBS-linked Limpopo municipalities face provincial probe
    VBS-linked Limpopo municipalities face provincial probe
    The Limpopo provincial treasury will be launching forensic audits into municipalities in the province that placed money with the embattled VBS...
    Local government audits regress
    Local government audits regress
    Fruitless and wasteful expenditure across the country’s municipalities has risen 71% from the previous year, reaching R1.5-billion, Auditor General Kimi Makwetu...
    North West takeover no simple task
    North West takeover no simple task
    National government’s use of section 100 of the Constitution to take over the failing North West province is not a panacea, civil society...
    On-off oil refinery back on the table
    On-off oil refinery back on the table
    Minister of Energy Jeff Radebe has refuelled the government’s determination to build another oil refinery.