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busrep Could not organise a piss up in a brewery with the doors open 24/7 !!
busrep Maybe it's AbsaSouthAfrica and StandardBankZA...
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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
Source: IOL - 🏆 46. / 51 Read more »
Eskom board meets with Gordhan over unexpected #loadshedding | IOL Business ReportBoard also urgently embarking on an in-depth audit of the entire system to ensure that every technical problem is understood at a granular level. Unexpected? That is a term used when you refuse to be called unqualified. Trying to save face eskom must receive a gold medal in failure!executives are paid well,yet they couldn't anticipate any issues with medupi and khusile plants if they were proactive we wouldnt be in this mess you getting paid for doing nothing its criminal
Source: IOL - 🏆 46. / 51 Read more »
GALLERY: Check out SA's most expensive properties | IOL Business ReportSouth African property website Private Property has released their list of the top ten most expensive houses.
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Audit to ascertain Zimbabwe’s debt underway | IOL Business ReportZimbabwe’s public debt was in the region of R227.9 billion, as of August last year, according to Treasury data.
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Ramaphosa moves to allay mining fears | IOL Business ReportPresident says land expropriation will not involve taking away investors’ land and the government was working on a plan to address Eskom problems. busrep Probably will say something else on another platform, cant be trusted support land grabs
Source: IOL - 🏆 46. / 51 Read more »
Admission of guilt leaves Standard Chartered with R536m bloody nose | IOL Business ReportStandard Chartered on Tuesday became the latest bank to settle with US anti-graft authorities over currency manipulation. busrep A mere slap on the wrist. Doesn't send a strong enough message. Has anyone been jailed?
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FNB is Africa's most valuable banking brand | IOL Business ReportFor a second year in a row, First National Bank was named Africa’s most valuable banking brand in the latest Brand Finance® Africa Annual Survey. :)
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Mboweni appoints panel to interview candidates for SARS chief post | IOL Business ReportFinance minister Tito Mboweni has appointed a panel to interview a shortlist of candidates for the vacant post of commissioner of Sars.
Source: IOL - 🏆 46. / 51 Read more »
Total discovers net gas condensate off coast of SA | IOL Business ReportFrench oil and gas company Total said on Thursday that it has made a significant gas condensate discovery on the Brulpadda prospects.
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SA mining needs a proper boost, says analyst | IOL Business ReportMining analyst Rene Hochreiter said yesterday that the government needed to do more to attract new investment into the mining industry.
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