Hawks, NPA assign teams to look into Agrizzi revelations
Politics
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Key witness due to testify at state capture inquiry dies
Mark van der Riet, a scientist charged with checking Eskom’s coal quality, was suspended after blowing the whistle on alleged corruption by the Gupta family.
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SA aims to finalise long-term energy plan next month - Radebe
South Africa is aiming to finalise a long-term plan for the country’s energy mix next month, and once that is done it will launch another round of renewable energy deals, Energy Minister Jeff Radebe said on Wednesday.
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Rand little changed, eyes on retail sales data
The rand was little changed against the dollar in early trade on Wednesday amid uncertainty over Brexit and as market participants awaited the release of local retail sales data for clues on the health of the domestic economy.
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VW, Ford announce alliance to build commercial vans, pickups
They also will "investigate collaboration on autonomous vehicles, mobility services and electric vehicles and have started to explore those opportunities.
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Netflix raises prices for US subscribers
Prices for its popular standard plan, which allows streaming on two devices at the same time, will be increased to $12.99 per month from $10.99, the company said in a statement.
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SAA appoints advocate Vusi Pikoli to leadership team
SAA says it aims to 'cleanse the organisation of corruption', and has appointed advocate Vusi Pikoli to head risk and compliance.
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South Africa's Distell to set up new firm for premium wine business
Distell wants to expand sales for its premium products in overseas markets as consumers look for products produced in a more socially conscious way, with less focus on price.
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Hundreds of flights axed as fresh strike hits German airports
At least 220,000 travellers will be hit by cancellations and delays, the ADV airport association said, in a calculation that includes knock-on effects at other airports.
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Cope to ‘vigorously’ oppose Eskom bid to get electricity tariff increase
Eskom CEO Phakamani Hadebe has pleaded with the National Energy Regulator of South Africa (Nersa) to consider the power utility's uncertain financial situation.
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Amcu confirms date for secondary Sibanye-Stillwater strike
The secondary strike is in support of the current industrial action in the company's gold sector on the West Rand and Free State.
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Goldman models risk of 1,000 bps Eskom blowout for SA
Investment bank Goldman Sachs said South Africa’s rand could tumble 3.5% if state-run power utility Eskom suffers a major sell-off in its bonds, but it could also jump 4.5% if the firm’s troubles improve.
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Rand steadies against dollar in early trade
The South African currency has started 2019 on the front-foot, rallying more than 3.5% against the dollar. But it remains vulnerable to swings in global risk appetite as well as uncertainty surrounding this year’s parliamentary election.
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Ford, VW call off joint Detroit auto show appearance to announce alliance
The two car giants have been in discussions for more than six months over a partnership to develop self-driving and electric technologies.
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Hadebe: 'If we keep running Eskom the same way, we're in trouble'
CEO Phakamani Hadebe says even if it’s granted a 15% increase in the price of electricity, for three years, Eskom would still have an R50 billion debt hole to plug.
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‘Please Call Me’ inventor Makate vows to keep fighting Vodacom for his money
Vodacom said in a statement on Friday that it now views the ‘Please Call Me compensation’ matter as closed.
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Civil organisations oppose Eskom’s request for electricity price hike
The power utility’s debt levels are continuing to soar and now stand at R419 billion.
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Load shedding threatens SA agricultural industry, says Agri WC
It's among organisations that have on Monday made public presentations to Nersa on Eskom’s demand for an annual 15% electricity price hike.
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Fastjet cancels all remaining Zimbabwe flights for Monday amid unrest
The airline says it's making all efforts to contact affected customers in a bid to minimise disruptions.
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WC govt drought expenditure nears R78.2m
The average dam level has decreased by more than a percent in the last week and is currently at 51%.
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India's Bharti Airtel in talks to buy Telkom Kenya - sources
London-based Helios Investment, which owns a 60% stake in Telkom, is looking to partly cash out of the investment which it entered in 2015, the sources said.
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Amcu to embark on secondary strike at Sibanye-Stillwater's platinum ops
This secondary strike will be in support of current strike at the company’s gold operations on the West Rand and in the Free State.
