In City Press Business: Samancor’s ‘missing billions’; Eskom wants R35bn more from you

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In City_Press Business today: Amcu launches a court bid to recover billions of rands allegedly siphoned from Samancor Chrome; Eskom is going to court in a bid to throttle R69 billion more than Nersa has approved out of South African consumers

Some of the headlines in the Business section this week:Amcu launches a court bid to recover money owed to the workers’ share scheme after a whistle-blower alleges the company sent billions offshore through transfer pricing.The power utility is taking the energy regulator to court arguing that the way it calculated tariff increases was based on flawed methodology and should be set aside.

President Cyril Ramaphosa has taken a high powered investment delegation to London in search of more desperately needed foreign direct investment.As the jobs market shrinks, Maya Fisher-French offers some smart advice for any employee who is faced with the dreaded 189 Notice of retrenchment. Make sure you are prepared.

 

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Gordan is upon us ANC voting cows will realize what we were telling them.

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