Lameez Omarjee
latest news & developments
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
Give SAA a year or two to recover — Gordhan
Privatisation is not on the agenda the minister says
SABC risks factual insolvency by end of March, Parliament hears
Factual, or technical insolvency occurs when a company’s liabilities exceed its assets
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
Private healthcare market inquiry cost R196m – Patel
Public hearings took place in 2016, and the commission received written reports and feedback from 175 stakeholders
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
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
‘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
Lack of funding limits probes into auditors, MPs told
IRBA cannot afford to hire more investigators
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
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
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’
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
![We overly relied on the audited financial statements [of VBS], said Kuben Naidoo.](https://images.newsteam.io/image/1000/2Bq28FuGKoK2FmbRjd1eaNA6T62pNtiuRwxvGG5Bncwrpb7Dh5KNQgBwuoaK6AzjsWKr7HmtUtFkUTMhgCfyGjyK3JzZ5MYY9aQz12agfmUP9cMLTftRdkCSJY4XwkHoF41e9uWF7gkvbv3vm3TPHi4)
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
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