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Much at stake in court battle between Eskom…

Eskom and the National Energy Regulator of South Africa (Nersa) will see each other in court on Wednesday (January 15). It is an unprecedented case, in which the embattled power utility is asking for the…

Court confirms reckless lending ruling against Shoprite

The Pretoria High Court has upheld a 2017 decision by the National Consumer Tribunal that Shoprite was guilty of reckless lending, by adjusting credit bureau information as well as customers’ future financial commitments to ensure…

Manuel happy to move on from Moyo drama

After the Johannesburg High Court ruled on Tuesday that Old Mutual does not have to give axed CEO Peter Moyo his job back, its chair Trevor Manuel acknowledged that the past seven months had been…

SA will embrace private power generation – President

South Africa will embrace efforts by businesses to generate their own electricity, President Cyril Ramaphosa said on Tuesday, reacting to growing frustration at red tape throttling private power generation. Ramaphosa is under pressure over nationwide power cuts…

Eskom is ‘death knell’ for SA mines, Exxaro…

State-owned power producer Eskom will be the “death knell” for South Africa’s mining industry unless the government enables mines to produce their own electricity, according to Exxaro Resources CEO Mxolisi Mgojo. “The current state of…

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SA must finalise land policy in 2020: Ramaphosa

South African President Cyril Ramaphosa asked business leaders to present solutions to redistribute land to blacks people as the government works to finalise changes to legislation and the Constitution to allow for the expropriation of…

Anger in Mali over France’s PAU summit

Anger in Mali following a pledge by France and its five nation partners in the Sahel to bolster efforts against jihadists. These nations are bent on trumping out jihadists over increasing deadly insurgency in the…