Business associations are urging companies to continue seeking alternative energy sources in light of Eskom’s court judgement which would allow the utility to bump up electricity prices up to 15% from next year April 2021.
The OECD predicts a 7.5% contraction in South Africa’s GDP, with an 8.2% contraction if a second wave of Covid-19 is not avoided
Draft agreement document spells out that R1.5-billion will be needed to fund severance packages for 2 400 of the airline’s employees