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Tag: Pravin Gordhan

Eskom not expected to implement load shedding during election process

Minister of Public Enterprises, Pravin Gordhan, says Eskom does not expect this weekend’s special voting process and Election Day to be hampered by load shedding. He was speaking during a briefing on...

Fooling the people some of the time

From the 'A Bee in my Bonnet' column. ONE of the benefits of the internet and social media, at least to this reader, is that government and politicians can be held to...

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...

Cape fortunes fall

The Western Cape’s investment tycoons have seen billions of Rands in value wiped away by treacherous economic and political developments at home and abroad. Investors, of late, have endured tough times...

62% of Cape businesses in favor of closing down on Friday

Nearly 62% of Cape businesses are in favour of closing down on Friday in protest against the sacking of former Finance Minister, Mr Pravin Gordhan, according to a survey conducted by...

The economic extremes expected post cabinet reshuffle

The market reaction to last week’s events has, in some ways, been remarkably muted. This could be because the axing of Messrs Gordhan and Jonas was not entirely unexpected.  For many...

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Cape Town has the ninth-worst traffic congestion in the world

By Larry Claasen The City of Cape Town will spend R444-million to relieve traffic congestion over the next three years. TRAFFIC congestion in Cape Town ranks...

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