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LOW FLYING: South African Airways has gone through a bumpy financial ride in recent years and has survived through a series of costly
bailouts by the government

SAA aims to soar high in tur naround

Loss-making national airline South African Airways (SAA) is looking to save more than R900-million over three years through staff reductions…

State sells Vodacom stake to fund Eskom

State sells Vodacom stake to fund Eskom

The government has sold its 13.91% stake in Vodacom to the Public Investment Corporation (PIC) for an as yet undisclosed…

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Unlocking the potential of global investment

South African investors invested in the Johannesburg Stock Exchange (JSE) over the last 15 years would have done extremely well…

REQUEST DENIED: Eskom’s acting chief executive officer Brian Molefe during Nersa’s public hearings on Eskom's request for tariff hikes last week in Johannesburg. Eskom requested
a 9.58% tariff increase Picture: GALLO IMAGES

Blow puts Eskom down but not out

The national energy regulator’s surprise rejection of a tariff increase for Eskom is a serious blow for the power utility.

People wait in line to withdraw 60 euros from an ATM after Greece closed its banks on June 29, 2015 in Athens, Greece. Greece closed its banks and imposed capital controls on Sunday to monitor the growing strains on its crippled financial system, bringing the prospect of being forced out of the euro into plain sight Picture: Getty Images)

Global stocks tumble

World markets tumbled yesterday as Greece shut its banks and imposed capital controls to halt a panic-driven run on ATMs, a…

LOGGERHEADS: Eskom acting CE Brian Molefe and chairman of National Energy Regulator of SA panel Thembani Bukula disagreed about a request for another tariff hike for the power utility Picture: SIMON MATHEBULA

Eskom presses for tariff hike

Eskom acting chief executive Brian Molefe and chairman of the National Energy Regulator of SA (Nersa) panel Thembani Bukula clashed…

Sisa-NgebulanaFI

From general dealer to generating billions

Property tycoon and Billion Group chairman Sisa Ngebulana has smashed through many barriers to reach the top of South Africa’s…

ON THE CARDS: Eskom’s request for an additional electricity tariff hike got unexpected support from the International Monetary Fund and, according to acting Eskom chief executive Brian Molefe, the tariff was needed Picture: RAYMOND PRESTON

Eskom hike has backing of IMF

Eskom’s request for an additional electricity tariff increase on Tuesday got unexpected support from the International Monetary Fund (IMF)‚ which…

People wait in line to withdraw 60 euros from an ATM after Greece closed its banks on June 29, 2015 in Athens, Greece. Greece closed its banks and imposed capital controls on Sunday to monitor the growing strains on its crippled financial system, bringing the prospect of being forced out of the euro into plain sight Picture: Getty Images)

Global stocks tumble

World markets tumbled yesterday as Greece shut its banks and imposed capital controls to halt a panic-driven run on ATMs, a…

LOGGERHEADS: Eskom acting CE Brian Molefe and chairman of National Energy Regulator of SA panel Thembani Bukula disagreed about a request for another tariff hike for the power utility Picture: SIMON MATHEBULA

Eskom presses for tariff hike

Eskom acting chief executive Brian Molefe and chairman of the National Energy Regulator of SA (Nersa) panel Thembani Bukula clashed…

Sisa-NgebulanaFI

From general dealer to generating billions

Property tycoon and Billion Group chairman Sisa Ngebulana has smashed through many barriers to reach the top of South Africa’s…

ON THE CARDS: Eskom’s request for an additional electricity tariff hike got unexpected support from the International Monetary Fund and, according to acting Eskom chief executive Brian Molefe, the tariff was needed Picture: RAYMOND PRESTON

Eskom hike has backing of IMF

Eskom’s request for an additional electricity tariff increase on Tuesday got unexpected support from the International Monetary Fund (IMF)‚ which…

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