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Lameez Omarjee

Hadebe tries to allay fears of job losses in internal Eskom memo
Article
/ 16 April 2019

Hadebe tries to allay fears of job losses in internal Eskom memo

"One of the questions that I hear being asked most often, is: ‘Will I still have a job in this turnaround of Eskom?’," the memo from Hadebe read

By Lameez Omarjee
Give SAA a year or two to recover — Gordhan
Article
/ 14 March 2019

Give SAA a year or two to recover — Gordhan

Privatisation is not on the agenda the minister says

By Lameez Omarjee
SABC risks factual insolvency by end of March, Parliament hears
Article
/ 12 March 2019

SABC risks factual insolvency by end of March, Parliament hears

Factual, or technical insolvency occurs when a company’s liabilities exceed its assets

By Lameez Omarjee
Renewables aren’t causing job losses in coal sector — Radebe
Article
/ 24 February 2019

Renewables aren’t causing job losses in coal sector — Radebe

​Coal is still very much part of South Africa’s energy mix, given the abundance of the mineral, Energy Minister Jeff Radebe has said

By Lameez Omarjee
Private healthcare market inquiry cost R196m – Patel
Article
/ 2 January 2019

Private healthcare market inquiry cost R196m – Patel

Public hearings took place in 2016, and the commission received written reports and feedback from 175 stakeholders

By Lameez Omarjee
ConCourt to hear Public Protector appeal on Bankorp costs ruling
Article
/ 27 November 2018

ConCourt to hear Public Protector appeal on Bankorp costs ruling

The case relates to an earlier court case which followed a report which Mkhwebane released in June 2017

By Lameez Omarjee
Land reform unlikely to influence S&P ratings decision — analysts
Article
/ 20 November 2018

Land reform unlikely to influence S&P ratings decision — analysts

S&P would likely wait for the next budget, when there is more clarity on the fiscal position before taking a decision

By Lameez Omarjee
‘Weak state entities a risk to SA’s credit rating’ — Moody’s
Article
/ 16 October 2018

‘Weak state entities a risk to SA’s credit rating’ — Moody’s

An upgrade would be possible through the implementation of structural reforms to raise growth

By Lameez Omarjee
Lack of funding limits probes into auditors, MPs told
Article
/ 10 October 2018

Lack of funding limits probes into auditors, MPs told

IRBA cannot afford to hire more investigators

By Lameez Omarjee
Minerals Council to engage with Mantashe over ‘unresolved issues’ in Mining Charter
Article
/ 3 October 2018

Minerals Council to engage with Mantashe over ‘unresolved issues’ in Mining Charter

The council issued its responses to the policy, which was gazetted by Minerals Resources Minister Gwede Mantashe last week

By Lameez Omarjee
Ramaphosa’s stimulus plan unlikely to boost growth significantly — Fitch Ratings
Article
/ 25 September 2018

Ramaphosa’s stimulus plan unlikely to boost growth significantly — Fitch Ratings

The ratings agency also flagged the recent rand depreciation as something which could complicate policy meant to tackle low GDP growth

By Lameez Omarjee
Gordhan: Eskom should be allowed to compete in the renewable space
Article
/ 29 August 2018

Gordhan: Eskom should be allowed to compete in the renewable space

‘There’s no reason, if the coal side of the business begins to decline slowly, that Eskom shouldn’t be a supplier of renewable energy as well’

By Lameez Omarjee
Sanral bears brunt of lack of government clarity on e-tolls
Article
/ 21 August 2018

Sanral bears brunt of lack of government clarity on e-tolls

It has emerged that Sanral struggled to raise the R20.6-billion budgeted e-toll revenue

By Lameez Omarjee
Reserve Bank: Auditors were part of the VBS Mutual Bank conspiracy
Article
/ 15 August 2018

Reserve Bank: Auditors were part of the VBS Mutual Bank conspiracy

The South African Reserve Bank’s deputy says the bank’s audited financial statements were not reliable

By Lameez Omarjee
Gordhan: SA Express flights to take off next week
Article
/ 15 August 2018

Gordhan: SA Express flights to take off next week

Gordhan said that the airline plans to initiate two routes next week and possibly add more routes on a weekly basis

By Lameez Omarjee
MTN shares slide 6% on lower earnings, Iran sanctions
Article
/ 8 August 2018

MTN shares slide 6% on lower earnings, Iran sanctions

CEO Rob Shuter says the group had an encouraging first half, with improved operational performance across its markets

By Lameez Omarjee
Manyi files for liquidation of Afro Voice
Article
/ 17 July 2018

Manyi files for liquidation of Afro Voice

The negative perception of its previous owners, the Guptas, persisted which also negatively impacted the company’s financials, Manyi explained

By Lameez Omarjee
Eskom wage talks: Unions want meeting with Nene, Gordhan
Article
/ 11 July 2018

Eskom wage talks: Unions want meeting with Nene, Gordhan

Eskom spokesperson Khulu Phasiwe confirmed on Wednesday morning that the unions decided to take Eskom’s proposal to the ministers

By Lameez Omarjee
Illicit tobacco trade a threat to jobs — union
Article
/ 11 July 2018

Illicit tobacco trade a threat to jobs — union

‘What is disturbing is that our government, Sars in particular, moves very slowly when it comes to taking action against illicit traders’

By Lameez Omarjee
Fuel price hike: Consumers brace for higher food, transport costs
Article
/ 4 July 2018

Fuel price hike: Consumers brace for higher food, transport costs

The cost of producing and transporting agricultural crops will come under pressure, as 80% of grain is transported by road

By Lameez Omarjee
Moyane ready for court battle to stop SARS inquiry
Article
/ 2 July 2018

Moyane ready for court battle to stop SARS inquiry

Tom Moyane’s lawyer has confirmed that the suspended commissioner will ask the courts to stop the SARS Inquiry if the president rejects their request

By Lameez Omarjee
Eskom secures R1.35bn loan for renewable energy
Article
/ 29 June 2018

Eskom secures R1.35bn loan for renewable energy

The power utility on Friday signed the loan facility with the German bank KfW, on behalf of the German government

By Lameez Omarjee
56 000 jobs created in year to date — StatsSA
Article
/ 26 June 2018

56 000 jobs created in year to date — StatsSA

According to statistics released byStatsSA on Tuesday, employment increased from 9.78-million in December 2017 to 9.83-million in March 2018

By Lameez Omarjee
Saica starts disciplinary proceedings against former Eskom CFO Anoj Singh
Article
/ 19 June 2018

Saica starts disciplinary proceedings against former Eskom CFO Anoj Singh

Following a period of investigation, the professional body has decided to issue charges of misconduct against the chartered accountant

By Lameez Omarjee
New Denel board places CFO on special leave
Article
/ 18 June 2018

New Denel board places CFO on special leave

The board took the decision to create a ‘conducive environment’ for the ‘verification process’ in respect of the allegations of misconduct

By Lameez Omarjee
Maimane: History of state capture at heart of Eskom’s load shedding woes
Article
/ 18 June 2018

Maimane: History of state capture at heart of Eskom’s load shedding woes

The Democratic Alliance leader said Eskom is fiscally dependent and it will ‘cripple the economy’ if no profound reform takes place

By Lameez Omarjee
Gordhan lays out state’s case against suspended SARS boss
Article
/ 15 June 2018

Gordhan lays out state’s case against suspended SARS boss

Tom Moyane was suspended from the tax agency on March 19 this year

By Lameez Omarjee
Another hammer falls on KPMG, McKinsey as Gauteng govt terminates contracts
Article
/ 14 June 2018

Another hammer falls on KPMG, McKinsey as Gauteng govt terminates contracts

​The Gauteng provincial government has taken a decision to terminate its contracts with auditing firm KPMG and consulting firm McKinsey

By Lameez Omarjee
Manuel: SA auditors got too comfortable with being number one
Article
/ 13 June 2018

Manuel: SA auditors got too comfortable with being number one

South Africa’s auditing profession had been ranked first in the World Economic Forum’s Competitive Index for six years but has fallen from grace

By Lameez Omarjee
Moyane lawyer slams president for failing to abide by deadlines
Article
/ 13 June 2018

Moyane lawyer slams president for failing to abide by deadlines

​President Cyril Ramaphosa’s lawyers are five days late in filing an affidavit to substantiate a case against Tom Moyane

By Lameez Omarjee
We haven’t decided on number of Air Chefs layoffs yet ― SAA
Article
/ 12 June 2018

We haven’t decided on number of Air Chefs layoffs yet ― SAA

​Air Chefs, the catering arm of SAA, has launched a consultation process with unions that may lead to job losses

By Lameez Omarjee
Floyd Shivambu demands apology
Article
/ 7 June 2018

Floyd Shivambu demands apology

The EFF deputy president has said there was nothing wrong with critiquing the undermining of African leadership

By Lameez Omarjee
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