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Wrong number: Telkom is planning to shed employees as it focuses on cutting costs. Photo: Nadine Hutton/Bloomberg
CPI

After Telkom, more tech sector lay-offs on the cards

Telkom plans to retrench 15% of its employees across the group as the sector rebalances after the online boom during the pandemic

  • Anathi Madubela
6 min read
KwaZulu-Natal residents who are unemployed, financially struggling and hungry have lambasted Eskom’s proposed 36.1% tariff hike. (Dean Hutton/Bloomberg/Getty Images)
ANDRE DE RUYTER

Eskom debt down R81.9-billion, but municipal debt and servicing outstanding debt affects liquidity

‘Cost-reflective tariffs’ and resolving municipal debt are needed to turn Eskom around

  • Lyse Comins
4 min read