Latest articles on General Electric

Eskom cancels dodgy R100m tender linked to Mabuza’s niece

An internal investigation revealed ‘irregularities’ in the process of awarding the contract

To fight Covid-19, we must fight intellectual property, trade and investment rules

These restrictions must be overturned or ignored because they are limiting the production and importing of essential medical equipment such as ventilators

Partner row hits Mabuza Eskom deal

Former business associate says Nomvula Mabuza was not authorised to use his firm’s credentials to win the R100-million maintenance contract

Mabuza’s ‘distant relative’ scored big

Eskom’s woes are often because of boiler problems at its power plants. R50-billion has been set aside to fix them, but some of the contracts are going to questionable entities

​Creating a sustainable future with technological innovation and skills development

General Electric looks back at the progress it has made in over 120 years in Africa

KPMG, under fire in SA, now faces US shareholder protests

The ​Financial Times reported on Tuesday that KPMG could face protests over its audits of major clients Wells Fargo and General Electric

BLAST FROMT THE PAST: General Electric to double Africa Revenue to $10bn

General Electric says it is seeking to target power, health and locomotive opportunities in the hopes of boosting economies in Africa.

SA embraces innovation, but education remains a concern

While innovation is crucial to a country’s competitiveness, it is not the only factor and the quality of education is still a concern, a survey found.

Transnet profits exceed R5bn for the first time

The state-owned freight and logistics company says that annual profit has risen by 25%.

World stocks dampened by dim earnings

Asian stocks tumbled on Monday followed by losses across European and United States markets on concern over company earnings and increasing gloom about prospects for the global economy, analysts said. Wall Street stocks opened lower as Wachovia bank, one of America's largest retail banking groups, announced a net loss of $350-million.

World markets continue to burden JSE

World markets were dampened by negative earnings reports from the United States on Monday, causing the JSE to pull back sharply. By midday, the JSE's broader all-share index had fallen 1,48%. The banking index pulled back 2,51% and financials retreated 1,41%.

US court gives hope to apartheid victims

Victims who filed suit for $400-billion against United States businesses allegedly complicit with the former South African apartheid regime have found new hope following a federal court ruling in the US. "The appeal court decision is a major victory," said Michael Hausfeld, a lawyer for the victims on the heels of Friday's decision by a Manhattan federal court.

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Judicial committee orders Mogoeng to apologise for SA-Israel remarks

The JCC said that by the chief justice straying into politics, he breached the judicial conduct code and ordered him to issue an apology and retraction

‘Doctors’ wives’ jump Covid queue

Private doctors and civilians have been exploiting gaps in the public health system to get vaccinated

Ithala fails to act against board chairperson over PPE scandal

Morar asked to settle with the state and pay back the profit he made on an irregular tender

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