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Cyril Ramaphosa wins ANC leadership vote

19th December 2017 Cyril Ramaphosa has been elected the new leader of the ruling African National Congress (ANC), defeating Nkosazana Dlamini-Zuma, after a series of tense sessions at the party's conference. The ANC announced on Monday that Ramaphosa had defeated President Jacob Zuma’s preferred candidate... 

Gigaba backs lower tariff hike, says Eskom a drain on fiscus

18th December 2017 Finance Minister Malusi Gigaba said on Saturday that he supports the National Energy Regulator of South Africa (Nersa’s) decision not to grant the nearly 20% tariff increase Eskom had applied for as the current state of the economy wouldn’t have been able to support this. Nersa on Friday, granted... 

Nersa grants Eskom's tariff hike, but not 20%

15th December 2017 South Africa's National Energy Regulator (Nersa) has declined Eskom request for a 20% hike, instead granting Eskom a 5.2% hike. The regulator is due to publish a document outlining the decision in the next couple of days, Nersa chair Jacob Modise said. The 5.23% tariff increase, announced by... 

French Development Agency in discussions with City of Cape Town over climate resilience strategy

15th December 2017 The French Development Agency is discussing the possibility of providing financial support for the City of Cape Town's climate resilience strategy as the municipality battles a devastating drought gripping the Western Cape. "This would be mostly around infrastructure needed for desalination and... 

Standard Bank SA appoints ex-Treasury DG Lungisa Fuzile as CEO

14th December 2017 Standard Bank South Africa on Thursday announced the appointment of Lungisa Fuzile as its new CEO with effect from January 15, 2018. The former director general of the National Treasury will replace Sim Tshabalala, who as recently as September 2017 took over as sole CEO at the bank. Before this,... 

Zuma 'lost on all fronts' – Outa

13th December 2017 Civil rights body the Organisation Undoing Tax Abuse (Outa) has welcomed Wednesday’s judgment in the North Gauteng High Court in Pretoria which found that President Jacob Zuma must fulfil the remedial actions of former Public Protector Thuli Madonsela’s 2016 State of Capture report. The court... 

Macron: World is losing battle against climate change

13th December 2017 French President Emmanuel Macron delivered a stark warning on climate change at a meeting in Paris, urging political and business leaders to launch an urgent new phase in the fight against global warming. "We are losing the battle," Macron said at Tuesday's " One Planet " summit.  "We must all... 

Day Zero moved forward as Cape Town water consumption increases to 'dangerous levels'

13th December 2017 Cape Town's "Day Zero" has moved forward by two days after water consumption increased to "dangerous levels" from an average of 611-million litres per day last week to 628-million litres this week, Mayor Patricia de Lille said on Tuesday. "This means that many people have relaxed their... 

SA power plant listed 4th dirtiest in world's 'Dirty Dozen'

12th December 2017 South Africa’s Thabametsi project has been listed as one of the “Dirty Dozen projects”, twelve fossil fuel projects worldwide environmental groups say exemplify the massive volumes of public finances still flowing to fossil fuel projects, which are driving climate change. The list comes as world... 

Court action to stop PRASA 'conspiracy'

12th December 2017 The Passenger Rail Agency of South Africa (PRASA) has missed a deadline to respond to demands by the UniteBehind coalition. Legal action will now be taken against the agency responsible for Metrorail, GroundUp reports. 

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