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Moody's says Eskom split will do little to solve financial problems - reports | IOL Business ReportPresident Ramaphosa said Eskom would be divided into Generation, Transmission and Distribution entities as part of a new business model. Increased tariffs won't save Eskom. They need to address: -Medupi & Kusile are way behind schedule, way over budget, & finished parts breaking down) -Poor management -Overstaffing -Neglected infrastructure -Electricity theft -Nonpaying users -Defaulting municipalities
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Business will back Ramaphosa's reforms, says Cape Chamber of CommerceThe Cape Chamber of Commerce and Industry has praised President Cyril Ramaphosa’s State of the Nation Address (Sona), calling it courageous.
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CT home business owners say stage 4 power cut affected revenueVenessa Human, a hairdresser from Retreat, lost out on four clients on Monday when she had to send them away because she didn’t have power.
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Soweto businesses get full land ownership rights | IOL Business ReportBusiness owners and NGOs in Soweto on Monday received title deeds through the Johannesburg Property Company’s Land Regularisation Programme.
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