The treasury warns that helping the ailing power utility clear its staggering debt won’t fix all its problems
This is as a strike looms in the public sector after some unions have rejected the government’s offer of a 3% wage hike
The state is set to achieve a primary budget surplus a year earlier than expected
Inadequate rail capacity has pushed more trucks, and costs, onto municipal roads, which are steadily deteriorating
Cosatu unions have declared a dispute and have accused the government of undermining collective bargaining
Eskom, Transnet and the public sector wage bill will feature large in next week’s medium-term budget policy statement
The president has submitted a 76-page document to parliament outlining cabinet’s response to the Zondo commission’s recommendations
The country’s precarious growth means that, even as inflation cools, it is vulnerable to shocks
But prices are expected to remain higher for longer in the wake of a tighter oil market
Commentators have weighed in on the Transnet strike’s economic hit, but strike season isn’t over yet