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What’s in City Press Business: How we are going to pay Eskom; Nafcoc in turmoil as R14m goes missing

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In City_Press Business today: Nafcoc in turmoil as two rental payments from government, totaling R14 million, goes missing; the massive bailout of Eskom will most likely be paid for through the issuing of extra state bonds, loans and even tax hikes

Here are some of the headlines in your City Press Business section today:Two rental payments from government totaling R14 million, earmarked as rental for Gallagher Estate, appear to be missing from the coffers of Silver Vanity Investments, the investment vehicle of the National African Federated Chamber of Commerce and Industry .

Lumkile Mondi, a senior lecturer at the University of the Witwatersrand’s School of Economic and Business Sciences, writes for us regarding South Africa Reserve Bank Governor Lesetja Kganyago’s first term in office.The organisation that represents 30 international airlines that fly to South Africa has expressed unhappiness with the fact that the four aviation enterprises owned by government have “too many people who are in acting positions”.

 

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