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Tag: restructure

Eskom board to be restructured

The board of power utility Eskom is expected to be "reconstituted and restructured" following a meeting with Department of Public Enterprises Minister, Pravin Gordhan. The State-owned electricity company has been facing serious...

South African Airways embarks on a restructuring process which may lead to job losses

South African Airways has informed all its 5146 employees that it is embarking on a restructuring process which may lead to job losses. Acting Chief Executive Officer, Zuks Ramasia said the airline...

City to be declared a restructuring zone

The City of Cape Town has informed the National Government and the Western Cape Government of our intention to declare Cape Town in its entirety as a restructuring zone so that...

Klinger Mzanzi consolidates local operations into one-stop shop

In a move that will improve customer experience and create easier access to its products and services, market leader in gaskets, gland packing valves and sealing materials, Klinger Mzanzi has announced...

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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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