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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 »
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.
Source: ewnupdates - 🏆 30. / 53 Read more »
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.
Source: ewnupdates - 🏆 30. / 53 Read more »
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.
Source: IOL - 🏆 46. / 51 Read more »