By Paul Burkhardt (Bloomberg) – Stocks of coal remain low at Eskom Holdings SOC Ltd.’s 15 baseload stations, presenting a risk of power cuts at any time in South Africa just as it makes efforts to regain investment. The state-owned utility that provides about 90 percent of the nation’s electricity is looking to procure the fuel… Read More

CAPE TOWN — It would seem from her reported comments on the impending round of global climate talks that South Africa’s deputy energy minister, Thembisile Majola, is at least a pragmatist, unaffected by the heated debate on both sides of the energy supply-source electric fence. She draws the line at copying and pasting First World solutions… Read More

JOHANNESBURG — A final report on the land reform debate in South Africa is expected to be produced by Parliament come 15 November. However, seeing as the process has been dogged by delays and procedural missteps, South Africans shouldn’t hold their collective breaths. Whatever decision is made is likely to be highly controversial. But this… Read More

JOHANNESBURG — TymeBank’s launch has been a long time coming and it’s recently quietly got going after winning a licence from SARB. The bank is completely branch-less and after Commonwealth Bank of Australia exited the business, Patrice Motsepe’s African Rainbow Capital has taken over it and started signing up customers. The timing of this below… Read More

EDINBURGH — South African Airways (SAA) has been sucking billions out of taxpayers’ coffers, as former president Jacob Zuma and his friends used the airline as a place of employment for friends who had no idea how to run an organisation of this nature. Until recently there hasn’t been the political will to cut SAA… Read More

By Loni Prinsloo (Bloomberg) – Vodacom Group Ltd. said first-half earnings improved after the wireless carrier with the most South African customers saw accelerated data sales and a pick-up in international markets. Earnings before interest, taxes, depreciation and amortisation rose 4.7 percent to R16.5 billion ($1.5 billion), while the interim dividend was increased to R3.95 a… Read More

Malatji Kanyane Incorporated media statement Minister Pravin Gordhan and the Public Protector’s investigation We wish to place on record, particular facts about our interactions with the Office of the Public Protector on behalf of our client, Minister Pravin Gordhan. On 05 February 2018, the Public Protector, Advocate Busisiwe Mkhwebane, sent a letter to Minister Gordhan.… Read More

*This content is brought to you by Wolfsdorf Rosenthal LLP By Robert Blanco Families from around the world have gained permanent residency in the United States through the EB-5 investor green card program.  With the South African economy entering its first recession since 2009 and the value of the Rand falling 20% in 2018, more and… Read More

JOHANNESBURG — A week after South African fans were taking a swipe at referee Angus Gardner for gifting England a 1-point victory at Twickenham, French fans were taking a swipe at referee Nigel Owens for gifting South Africa a 3-point win over France at the Stade de France. If ever the cliché “snatching victory from… Read More

From The Presidency The advisory panel appointed by President Cyril Ramaphosa to identify suitable candidates for the position of National Director of Public Prosecutions (NDPP) has shortlisted 12 candidates who will be interviewed between 14 and 16 November 2018. Minister of Energy Jeff Radebe chairs a panel comprising broad representation of the legal fraternity which… Read More

It’s a long, long way from the capital of the USA to the gritty City of Gold, but for a freshly-transplanted American, Joburg is where the heart is…and the heart of Joburg is an ever-trendy little suburb that serves the best food in town. By Heather Mason I landed in Johannesburg on August 6, 2010,… Read More