Under siege national power utility cites lower demand as reason for decision
The power tility expects to return units to service over the next few days
The state-owned utility’s R392-billion debt has hampered its ability to maintain some of its coal-fired power stations, resulting in 14 years of load-shedding
Myeni, who is President Jacob Zuma’s ally, was appointed alongside 11 other board members on Friday.
Campaigning for this week’s vote centred largely on the economy as Africa’s second largest copper producer battles weak commodity prices.
Alarming statement singles out upmarket shopping malls in Johannesburg and Cape Town as potential targets of extremist violence.
Analysts warn that blunders in policy could bring about a downgrade by the end of the year.
The ANC’s secretary general has warned that the ruling party must win back supporters’ confidence before it risks losing them for good.
Jacob Zuma has congratulated Robert Mugabe on his disputed election win, but some say Zimbabwe’s MDC should not have taken part in the polls at all.
The SA Reserve Bank has done well to balance economic growth and job creation while pursuing its mandate to monitor inflation, says Pravin Gordhan.