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Tag: Pravin Gordhan

Eskom widens its funding search to sukuk market

South Africa’s indebted power utility Eskom Holdings plans to issue a R1 billion sukuk bond as it tries to diversify funding sources to reduce borrowing costs. Eskom has appointed a lead arranger...

South Africa scraps Russian nuclear plant plans

Led by their former Finance Minister Pravin Gordhan, South Africans breathed a sigh of relief when President Cyril Ramaphosa scrapped plans to buy a nuclear power plant from Russia that would...

South Africans Left Without Answers as Blackouts Drag On

South Africans looking for signs of an end to the latest round of power cuts were left disappointed after the minister responsible for utility Eskom Holdings SOC Ltd. said he doesn’t...

Gordhan meets with Eskom board, management as rolling blackouts continue

Public Enterprises Minister Pravin Gordhan says he agrees with South Africans that the continuation of recurrent load shedding, in particular stage 4 load shedding by Eskom, is unacceptable and disruptive to the country’s economy. On Saturday,...

Gordhan loses banks interference case against Guptas’ Oakbay

 A court has ruled that former finance minister Pravin Gordhan's application seeking declaratory relief from having to intervene with the banks has been dismissed. Judge Aubrey Ledwaba read out the...

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Fishing rights: lines are taut

THE delayed FRAP (Fishing Rights Allocation Process) appears to be increasing anxiety levels in the local fishing sector – especially amongst the larger players,...

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