SA Economy News

Eskom needs South Africans to cough up R1 billion a week to survive 2021

Eskom will need around R1 billion a week in order to remain operational throughout 2021 according to a presentation before SCOPA in Parliament on Wednesday.

Stellenbosch has a solution to load-shedding, Eskom is the problem

Stellenbosch may soon tell Eskom that their services are no longer needed as an investigation is launched into alternative energy suppliers to replace Eskom.

R21 Billion Later and No Arrests Have Been Made in Steinhoff Case

Since 2017 no arrests have been made in the Steinhoff fraud case and the Hawks and government have refused to provide any tangible updates to the fraud case.

Ramaphosa reveals 4 top priorities for 2021, Eskom high on the list

President Cyril Ramaphosa announced the the South African government had set out 4 priorities to focus on in 2021, Eskom to be restructured into 3 entities.

Employees Could Be Legally Fired for Refusing to Take the Vaccine

Covid-19 has changed the workplace and legal guidance released reveals that employees could legally fire people who don't refuse to take the Covid-19 vaccine.

Capitec Crowned King, Rated 3rd Strongest Banking Brand in the World

Capitec Bank has beaten almost 500 banks and has been ranked the third strongest banking brand in the world as well as named the strongest bank in South Africa.