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/ 22 February 2008

The age of cheap electricity is over

The government’s R60-billion capital injection for Eskom will come with strings for the parastatal’s management, and added pressure on the regulator to raise prices sharply. Director General in the National Treasury Lesetja Kganyago says the final package will probably combine an ordinary loan, a subordinated loan, a loan guarantee and cash.

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/ 22 February 2008

Transport on track

Analysts say that Transport Minister Jeff Radebe has made all the right noises about public transport being the legacy of the 2010 World Cup and, if the budget is anything to go on, the Cabinet fully endorses his view. Trevor Manuel has allocated R6-billion to building public transport infrastructure over the next three years.

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/ 21 February 2008

KZN doctor cleared on treatment charge

The KwaZulu-Natal health department has dropped a misconduct charge against rural doctor Colin Pfaff, following a storm of protest, the doctor confirmed on Thursday. Pfaff faced the charge for administering dual therapy — two antiretroviral drugs — to prevent the infection of babies born to HIV-positive mothers.

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/ 21 February 2008

DRDGold forging ahead despite challenges

DRDGold said on Thursday that it will push ahead with South African gold mining as well as dump-retreatment projects despite power concerns. The government, Eskom and key consumers should cooperate to find workable solutions to the power dilemma, said chief executive John Sayers in announcing the company’s latest financial results.

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/ 21 February 2008

Police struggle to contain protesting students

Ten students were arrested on various charges at the Bloemfontein campus of the University of the Free State after a group took part in a ”disruptive march”, Free State police said on Thursday. Captain Chaka Marope said police had ”a hard time” on Wednesday night, until early on Thursday morning, containing the situation.

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/ 21 February 2008

Eskom needs 45m tonnes of coal

In order to generate electricity efficiently, Eskom will need to buy 45-million tonnes of coal over the next two years, the power utility said on Thursday. Eskom’s financial director, Bongani Nqwababa, said 30-million to 34-million tonnes have already been contracted and only South African suppliers will be used.

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/ 21 February 2008

MDC factions agree on failure in Zim

In an unusual show of unity, the two secretary generals of the two factions of Zimbabwe’s opposition Movement for Democratic Change (MDC) have described the dialogue that was meant to resolve the country’s meltdown as ”dead”, painting a dire scenario for Zimbabwe after its upcoming elections.

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/ 21 February 2008

Law firm criticises land numbers in budget

The Legal Resources Centre, a public-interest law firm working on land issues, expressed scepticism on Thursday at the claim in Wednesday’s national budget that the land-restitution process is nearing completion. An extra R1-billion will be set aside over the next three years to settle outstanding land-restitution claims.

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/ 21 February 2008

Budget coalition: Poor more in need of tax breaks

The 2008 national budget took a "business as usual" approach in failing to carry through President Thabo Mbeki’s commitment to change all South Africans’ lives for the better, the People’s Budget Coalition said on Thursday, adding that the government will not be doing anything fundamentally different from what it has done in the past.

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/ 21 February 2008

Titans stutter to victory

A career-best 68 by Jaco Booysen helped the Titans to maintain their unbeaten record as they stuttered to a one wicket victory over the Warriors in their MTN domestic championship match at Supersport Park on Wednesday. It was an unconvincing performance by the log leaders, but Booysen had the kind of match schoolboys dream of.

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/ 21 February 2008

Wits let Chiefs off the hook

Kaizer Chiefs were let off the hook by Wits University at the Bidvest Stadium on Wednesday night while gaining only their third Premier League win in 17 games this season to vault four places into a flattering eighth position in the log. But, it must be concluded, the Wits side played distinctly dumb soccer and were their own worst enemies while going down 2-0.

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/ 21 February 2008

Arrows beat AmaZulu 1-0

AmaZulu suffered their third straight defeat in the Absa Premier League when they lost 0-1 to Golden Arrows at Princess Magogo Stadium on Wednesday afternoon. AmaZulu were put to the test as early as the fourth minute when Thanduyise Khuboni’s header forced a brilliant save from AmaZulu goalkeeper Kalilio Kakonje.

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/ 21 February 2008

‘Tough negotiations’ ahead for Eskom

There would be some very ”tough negotiations” with Eskom over the repayment of its R60-billion loan, Finance Minister Trevor Manuel said in Cape Town on Thursday. ”The terms will have to be worked out, it’s not in our interests to try to squeeze a short-term return,” he told a breakfast meeting.

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/ 21 February 2008

Death knell for floor-crossing

Floor-crossing will finally be scrapped, a media report said on Thursday. Following on a decision by the African National Congress’s Polokwane conference, Parliament’s committee on private members’ legislative proposals on Wednesday agreed to a draft Bill that will lead to the scrapping of the practice.

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/ 20 February 2008

TUT students arrested after violent protest

About 10 students from the Tshwane University of Technology (TUT) were arrested on Wednesday following a protest that turned violent, said Pretoria police. Captain Dumisani Ndlazi said the 10, who were part of a protesting group, were arrested at the university’s main campus in Pretoria West.