Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals
The Mining Affected Communities United in Action says the mining giant must ‘take full responsibility for unpaid debts and abandoned communities’
The president said the fund would not be an additional burden to taxpayers because it would be financed by dividends from ‘well managed’ state-owned entities
Business rescue practitioner Metis has agreed to amend the ‘unlawful’ Vision group rescue plan
The business rescue practitioners are also silent over the company’s debt deal
The agreement will give Terris Sugar discounted ownership of Tongaat Hulett’s R8 billion bank debt and control at the upcoming creditors’ vote
The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994
The communications minister said the telecommunications company was still strategic to the state’s programme
The former chief executive is credited with saving the company by making inroads into the mobile market
Analysts suggest the former chief executive is interested in taking over Telkom in order to facilitate a deal with MTN, consolidating the local telecommunications space
The AYO affair shows the GEPF should stop backing the ANC’s destructive BEE project, pull out of the stock market and support the public sector instead
The government must invest in its people and infrastructure to stimulate the economy
Considering the high cost of data in the country, the South African government should build up this vital public entity rather than sell it to the highest bidder, whose interest…
Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible
The state must take control of energy supply to increase capacity with funding from the Public Investment Corporation and the South African Reserve Bank rather than relying on…
The notion of governments owning and fiddling in telecoms is outdated and unnecessary, according to communications experts
After 14 years of blackouts, the president has promised to expedite load-shedding’s finale
The central bank announced it would dispose of its 50% shareholding given its potential conflict of interests as a regulator
President concedes that South Africa is on a long and difficult journey ‘to renew the promise of our democracy’, but cites strengthening the NPA’s capacity as one example of…
The whistleblower fears that Zondo’s recommendation that the firm’s contracts with public entities be scrutinised will be stonewalled – and implicates Telkom.
