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Q&A Sessions: ‘I cannot fix Eskom. But we can fix this’ — André de Ruyter

Meet the father, the cook and the chief executive of Eskom, who wakes up at 3am and writes speeches. André de Ruyter speaks to Athandiwe Saba about the future of the power utility, balancing its debt and how to make the best bully beef toast

Basic income grant not on treasury’s watchlist — yet

Treasury officials will model the effect of the grant on the fiscus if the need arises

Rights groups call out ‘complicity’ of telecoms companies’ in internet shutdowns

Internet blackouts not only infringe on people’s human rights, but also cost companies and the economy billions, as evinced by MTN’s shutdown in Eswatini

Unemployment rate hits record high — again

South Africa added more than half a million workers to its unemployed labour force in the second quarter of 2021

Applications for state-owned land in Gauteng open for qualified farmers

Some 135 hectares is available to lease as part of the agricultural department’s efforts to free up more land.

Industries that emit carbon to pay more tax

The treasury said it will be better for South Africa’s domestic carbon pricing to increase significantly because this will open the door for negotiations with the European Union when the new carbon border adjusted mechanism takes effect in 2026

‘Government must take its foot off the new gas Bill’

Environmental organisations want the government to factor the climate change crisis into the proposed legislation

The nuclear option: Should it carry South Africa’s baseload?

Some argue that nuclear power will get us to our clean energy goals faster, but other experts say it is unsafe, unaffordable and unnecessary

Inflation eating into savings after last year’s slew of interest rate cuts

Food inflation was unchanged at 6.7% in July, but remained elevated on continued upward pressure from prices for meat and the oils and fats category.

Ports authority puts feelers out for Transnet private investors

The expansion of the Port of Durban will cost approximately R100-billion over 10 years

Telkom’s long game bears fruit

The partly state-owned firm has battled the odds to become the third-biggest mobile operator in SA

Godongwana ‘will be just fine’

The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending

Medupi fails two tests already

The new plant can’t meet World Bank’s loan conditions or sulphur emissions limits

Commodities ‘bail out’ South African economy, but chronic structural woes remain

The mining industry is riding a wave that will eventually crash, analysts warn

Is listing, privatisation the answer for debt-ridden Eskom?

The chief executive believes climate change is an opportunity for the utility to pivot from coal

‘No choice but to ditch coal’

The shift away from the fossil fuel will take time but analysts say it is imperative that South Africa accelerates the process

South Africa’s audit independence tops World Bank rankings

Only two countries received a perfect score in ​​latest report on national audit institutions

In South Africa, only 5% of chief executives are women

Only 5% of chief executives are women and the gender pay gap is most pronounced in the top JSE-listed companies, according to a PricewaterhouseCoopers...
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