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Budget 2019 – and what it means for keeping the lights on

So today Finance Minister Tito Mboweni has delivered his maiden budget – and there isn’t really all that much in it. So, lets start with Eskom’s unbundling. According to ENCA, Mboweni has stated that government will not be taking on Eskom’s debt. Advertisements

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Banks ditch Bosasa amid state capture concerns, company set to close down

South Africa’s banks have ditched African Global Operations (AGO), which used to be called Bosasa, amidst allegations of state capture according to ENCA. The controversial company’s accounts will be closed by the end of February.

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Power is back in Johannesburg – for now

Last night, Saturday, power was fully restored to my home for the first time since Thursday’s load shedding which appeared to take out half of Johannesburg. Basically, seven units had gone down at eskom, meaning they had to move over to their diesel generators – except that they hadn’t ordered enough diesel and water, so […]

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Stage 4 load shedding

According to the Citizen, Eskom announced that South Africa would face stage four load shedding from 1pm until 10pm. So, what has caused this? A “shortage of capacity”, which is a bit like responding “We sold less” when asked why sales were down. Eskom also added that they were running short on water and diesel […]

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Communications minister tries to block footage of service delivery protest at ANC Eastern Cape manifesto launch

Communications Minister Stella Ndabeni-Abrahams tried to block journalists from filming a protest at the ANC’s Eastern Cape manifesto launch. According to Sanef, the protesters were there to raise their concerns about service delivery, but Ndabeni-Abrahams had tried to block media coverage as the protesters were ‘out of order’. Sanef has raised concerns that this isn’t […]

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Medupi, Kusile already need R8 billion in repairs

Eskom general manager for group technical Titus Mathe has told Moneyweb that Medupi and Kusile already need R8 billion in repairs in order to correct design defects.

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EFF Manifesto is more of an EFFing wish list

The EFF released their manifesto yesterday, and considering they’re the third largest party, it is worth looking at.

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SABC fails to pay staff on time

The SABC has failed to pay its workers’ salaries on time according to EWN. Apparently the workers’ contacted EWN in a panic on Tuesday when the money didn’t land in their bank accounts, saying that there was no warning that this would happen. This follows concerns raised in Parliament by SABC management, who said that […]

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Tax revolt! Helen Zille’s not-no-democratic moment on Twitter

Former DA leader Helen Zille appears to be calling for a tax revolt on Twitter.

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GladAfrica Tshwane contract irregular

The Auditor General has confirmed that GladAfrica’s contract with Tshwane was in fact irregular according to eNCA. EWN reports that the Tshwane ANC wants city manager Moeketsi Mosola booted from office due to his involvement in the R12 billion contract.

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