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ABSA

Sexual harassment accuser claimed she protected ‘overboarded’ Pityana

‘I protected Pityana’s job’

  • Sarah Smit
5 min read
Complex transition: A man fishes across from the Wujing coal power station in Shanghai, China and electrical workers in a boat check solar panels at a photovoltaic power station built in a fishpond in Haian, China. Mzukisi Qobo writes that China calibrates its pragmatic use of coal with increasing investments in renewable energy rather than basing its future decisions purely on idealism. Photos: Johannes Eisele/AFP & AFP
ALGERIA

South Africa must approach its energy transition pragmatically

A sensible climate policy must balance the imperative of decarbonisation, socioeconomic policy and security of supply considerations

  • Mzukisi Qobo
7 min read
Exxaro, which supplies about 35% of power utility Eskom’s coal, was named in the Centre for Environmental Right’s Full Disclosure 5 report in November as one of the country’s top 10 emitters.
BLACKROCK

Asset manager culls coal

South African giants in the firing line as investor decides to drop carbon-heavy companies

  • Kevin Davie
5 min read
BLACKROCK

UBS to slash 5 500 jobs as it sells down subprime

UBS will cut 5 500 jobs in one the biggest purges seen so far in the financial markets crisis, as the Swiss wealth-management titan slashes at the investment bank that plunged it…

  • Thomas Atkins
3 min read
AHMASS FAKAHANY

‘Retirement’ of Merrill chief causes jitters

Merrill Lynch parted company on Tuesdya with its chief executive, Stan O’Neal, leaving the investment bank’s leadership in a state of limbo and prompting unease on Wall Street.…

  • Staff Reporter
4 min read
BLACKROCK

Merrill Lynch board weighs fate of CEO

As Merrill Lynch’s board deliberates the fate of chairperson and chief executive Stan O’Neal, a leading contender for the job on Sunday said he is not aware of being a candidate.…

  • Tim McLaughlin
2 min read