State Owned Enterprises
The Minister of Finance Enoch Godongwana is assured that loadshedding will come to an end in the next 12-18 months. The minister says government has a plan.
Ailing power utility Eskom and the SA government may face legal action if they fail to do something about worsening loadshedding by Friday, 20 January 2023.
The Economic Freedom Fighters has welcomed the ANC government's decision to move ailing power utility, Eskom, to the Department of Mineral Resources and Energy.
The South African Postbank is gearing up to become the nation's only state-owned bank which has many citizens worried bout widespread looting and corruption.
Postbank has been grant a one-year extension by the SA Reserve Bank to fix security issues affecting the SA Social Security Agency payment cards it issues.
The 50m litres of diesel provided to Eskom by PetroSA helped the embattled power utility keep the lights on as SA experienced Stage 1 loadshedding on Monday.
Prasa's new electric train is now running from Naledi to Johannesburg but hawkers can no longer make a living as new rules stop them from selling goods onboard.
Eskom CEO Andre de Ruyter said the power utility needs lots of money, solid policy, and a sense of urgency to solve the ongoing energy crisis in South Africa.
A senior manager at one of Eskom's power stations wears a bulletproof vest and has two bodyguards out of fear for his safety after he exposed coal corruption.
State Owned Enterprises
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