Eskom-bashing will escalate next year after the state-owned power utility this week made a point of denying that there is a “crisis” – and simultaneously warning that last week’s extreme levels of load shedding are likely to take place throughout February and March.
Dewald van Rensburg
South Africa’s collective bargaining system fended off another challenge this week, safeguarding for now the beleaguered Metals and Engineering Industries Bargaining Council (MEIBC), which sets wages in much of the manufacturing sector – and underpins the powerful role of the National Union of Metalworkers of SA (Numsa) in the economy.
The Kelvin Power Station in Kempton Park is being sold for the fifth time since it became South Africa’s first experiment in privatising power generation in 2001.
It is better to cut power than to drive Eskom into bankruptcy or let the snowballing power plant failures destroy parts of the power system.
The R11 billion merger announced this week between Deputy President Cyril Ramaphosa’s Shanduka and Pembani Group has complicated Ramaphosa’s exit strategy from the group.
JSE-listed private education group AdvTech has consolidated just about all the high-fee “premium” private school groups on offer in South Africa and is now looking further afield for growth and acquisitions.
The South African Boycott Divestment and Sanctions (BDS) campaign will send dozens of activists to Woolworths’ annual general meeting in Cape Town on Wednesday, together with a few existing shareholders who support its campaign, to get the retailer to cut ties with Israeli suppliers.
Eskom has uncovered at least one other unsafe silo at a power station. This as the state-owned power utility was forced to conduct inspections of its coal silos after the collapse of a silo at the Majuba power station.
The labour broking industry is trumpeting new research that seems to indicate it is a cornerstone of the economy and a poverty alleviator.
Conglomerate Bidvest has tried to block metal workers’ union Numsa from gaining a foothold in one of its subsidiaries by exploiting the bureaucratic hold-up with the union’s attempt to register a new constitution.
Addis Ababa: A hastily convened “business round table on Ebola” has succeeded in getting $28.5 million (R321 million) in “initial” cash donations to fund the deployment by the African Union (AU) of a 1 000-strong African medical corps to the epicentre of the west African Ebola outbreak.
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I run because I run, and lately it feels like I’ve been running for my life.
Ordinary people are adversely affected by load shedding, and there may well be disastrous consequences for jobs, livelihoods and our sinking economy.
We hear it all the time, especially during the festive season. Many of South Africa’s taxis are death traps.