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Mail & Guardian
Lameez Omarjee

Creator

Lameez Omarjee

Parliamentary reporter at Fin24.com

Transnet is falling well below its target of shifting 200 million to 220 million tonnes of freight a year, at which point — it is estimated — it will begin to make a meaningful contribution to the economy. Its current target is 170 million tonnes a year. Photo: (Karel Prinsloo/Bloomberg)
MOHAMMED MAHOMEDY

Transnet execs learned of irregular contracts through media — Mahomedy

Transnet executives were "completely ignorant" that certain transactions had occurred and first learnt of them through media, acting group CEO says

  • Lameez Omarjee
1 min read
Ayo Technology Solutions had accounting adjustments made to their financial statements, but deny that they are involved in any wrongdoing.
ABDUL MALICK SALIE

Adjusted Ayo finacial statements being audited, PIC inquiry hears

The ICT company has denied wrongdoing, however, the JSE has ordered an audit of the financial statements

  • Lameez Omarjee
2 min read
Tau Morwe. (Tyrone Arthur/Timeslive)
CEO

Transnet ends contract with acting CEO

According to a statement from Transnet, issued late on Wednesday evening, Tau Morwe’s contract comes to end on May 3 2019

  • Lameez Omarjee
1 min read
Tobacco products have been banned since Cyril Ramaphosa announced the nationwide lockdown. (Delwyn Verasamy/M&G)
ILLEGAL CIGARETTES

Sars issues tender to prevent illicit cigarette trade

The tax agency has been working to beef up its fight against the illicit cigarette trade

  • Lameez Omarjee
2 min read
Public Enterprises Minister Pravin Gordhan. (David Harrison/M&G)
PRAVIN GORDHAN

Gordhan’s lawyers hit out at Public Protector over ‘rogue unit’ probe

Gordhan asked for and was granted an extension to reply to the allegations. He now has until Friday, May 3, to submit his answers

  • Lameez Omarjee
  • Khulekani Magubane
3 min read
Phakamani Hadebe had been in the role for a little over a year. (Delwyn Verasamy/M&G)
ESKOM

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

  • Lameez Omarjee
3 min read
The late Pravin Gordhan. (Oupa Nkosi)
LAMEEZ OMARJEE

Give SAA a year or two to recover — Gordhan

Privatisation is not on the agenda the minister says

  • Lameez Omarjee
2 min read
Parliament’s oversight committee on communications was briefed on Tuesday on progress the SABC has made on its turnaround strategy. (Delwyn Verasamy/M&G)
LAMEEZ OMARJEE

SABC risks factual insolvency by end of March, Parliament hears

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

  • Lameez Omarjee
1 min read
Radebe: “It is true that coal jobs are at risk in South Africa, but this is not as a result of the renewable energy independent power producer programme.” (Katherine Muick-Mere/Sunday Times/Gallo Images)
COAL

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

  • Lameez Omarjee
3 min read
Presidential hopeful Nkosazana Dlamini-Zuma is unlikely to get the ANCWL’s endorsement.
BALEKA MBETE

Mkhwebane takes on Mboweni over treasury DG remarks

Earlier on Wednesday, Mboweni said he had full confidence in Mogajane, despite a remedial action by Mkhwebane to have Mogajane disciplined

  • Lameez Omarjee
2 min read
Eskom’s balance sheet was poor and affected its ability to secure long term bonds from the market, according to Eskom CEO Phakamani Hadebe. (Paul Botes/M&G)
CALIB CASSIM

Corruption, state capture behind Eskom’s downfall, Nersa hears

Outa says although Eskom brought about its own downfall, there were other factors, such as corruption and state capture, which worsened the situation

  • Lameez Omarjee
2 min read
Sudanese President Omar al-Bashir (Mikhail Svetlov/Getty Images)
CHIEF JUSTICE SANDILE NGCOBO

Private healthcare market inquiry cost R196m – Patel

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

  • Lameez Omarjee
2 min read
Analysts had expected the uptick, with NKC Economics anticipating sales would come in at 2.5%. The figures were still higher than the annual 0.6% growth recorded in September. (Reuters)
RETAIL SALES

October retail sales accelerate to 2.2%

The highest annual growth was recorded for retailers in household furniture, appliances and equipment, which was up 10.1%

  • Lameez Omarjee
1 min read
On a month-on-month basis, November inflation increased by 0.2%. (Delwyn Verasamy/M&G)
CONSUMER INFLATION

November inflation ticks slightly higher to 5.2%

In November inflation for goods increased by 5.3% year-on-year, from 5.1% in October, according to Stats SA

  • Lameez Omarjee
1 min read
Dondo Mogajane is set to pursue new opportunities outside the public sector after his contract as treasury director general expires. (Image via Treasury)
DONDO MOGAJANE

‘Bad financial management’ behind govt’s delayed IT system — Mogajane

According to the findings of the Nexus report, contracts were irregularly awarded to several service providers

  • Lameez Omarjee
2 min read
The suspended public protector told him she would pleased if the probe into the scam delivered no adverse findings, Reginald Ndou tells inquiry.
ABSA

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

  • Lameez Omarjee
2 min read
Analysts were unanimous about land reform having limited impact on any decision S&P would make. (Paul Botes/M&G)
LAMEEZ OMARJEE

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

  • Lameez Omarjee
4 min read
Zukiswa Rantho confirmed that she was not on any lists for legislatures in the next term and said she had accepted the decision of ANC structures. (Lindile Mbontsi/Gallo Images)
ESKOM

Leaked Eskom inquiry report is invalid until Parly committee adopts it – chair

The committee had not adopted the report, which was then meant to be sent to those implicated for their responses

  • Lameez Omarjee
2 min read
(Delwyn Verasamy/M&G)
CYRIL RAMAPHOSA

Ramaphosa: Selling SAA could collapse state coffers

The debt SAA carries is significant and underwritten by government

  • Lameez Omarjee
2 min read
Tau Morwe. (Tyrone Arthur/Timeslive)
POPO MOLEFE

Transnet moves on from Gama, appoints acting group CEO

​Transnet’s board has appointed industry veteran Tau Morwe as acting group chief executive

  • Lameez Omarjee
2 min read