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South African Ministers in Davos welcome tough action on SOEs

24th January 2018 South African Ministers in Davos for the World Economic Forum have welcomed the tough line and decisive action taken on state-owned enterprises, in particular Eskom which last week saw a shake-up at board and executive level. SA Trade and Industry Minister Dr Rob Davies, speaking to the African... 

South Africa must seize on optimism around growth prospects – Davies

24th January 2018 South Africa's Minister of Trade and Industry Dr Rob Davies said on Wednesday there was optimism around the country's growth prospects, partly helped by a more stable political outlook after the ruling ANC's December conference. Davies, who is in Davos, Switzerland, as part of the South African... 

'Save water like your life depends on it' – Zille on Cape Town water crisis

24th January 2018 The South African Police Service said on Wednesday it had plans in place to secure the Western Cape province in the event of its water running out. The possibility that water taps could run dry, referred to as "day zero"  has been moved forward to April 12. It was previously set at April 21. 

WWF calls for emergency water-sharing laws in CT

24th January 2018 The World Wide Fund for Nature (WWF) on Wednesday called for Cape Town to introduce emergency by-laws for groundwater sharing when the city becomes the first in the world to run dry after water restrictions become insufficient amid a three-year drought. “Life beyond Day Zero will present... 

Prish Govender quits SAfrica's Eskom

24th January 2018 Eskom's acting head of group capital Prish Govender resigned on Tuesday, South Africa's power utility said. Eskom spokesperson Khulu Phasiwe first Tweeted, and later confirmed the news on the phone that Govender had left the embattled power utility with immediate effect. 

Former Eskom CFO Singh accused of lying and stonewalling at inquiry

24th January 2018 Former Eskom chief financial officer Anoj Singh was accused of lying about who paid for his travels to Dubai and ducking questions about suspect transactions he approved in his testimony before the parliamentary inquiry into the power utility on Tuesday. After more than four hours of questions... 

Tech revolution will see 'serious winners and losers', warns Davies

23rd January 2018 There will be "serious winners and losers" as a result of the Fourth Industrial Revolution and South Africa needs to be properly prepared and positioned to reap the benefits, or be saddled with the negative consequences. This was according to Trade and Industry Minister Dr Rob Davies who said... 

Mminele receives Germany's highest tribute

23rd January 2018 South African Reserve Bank Deputy Governor Daniel Mminele has been bestowed the Great Order of Merit by German President Frank-Walter Steinmeier for his work in furthering German-South African relations. German Ambassador Martin Schäfer is to hand over Germany's highest tribute to Mminele on... 

Brown hints Transnet board could be 'rotated'

23rd January 2018 Public Enterprises Minister Lynne Brown on Tuesday suggested board members of Transnet, South Africa's State-owned freight and logistics company, could be "rotated" should they not guard the integrity of the entity. Brown was speaking in a meeting of Parliament's standing committee on public... 

MPs threaten Transnet board, executives with jail for no show at Parliament

23rd January 2018 MPs on Tuesday read board members and executives of South Africa's State-owned freight and logistics company, Transnet, the riot act for failing to show up at a meeting of Parliament's standing committee on public accounts last year. The board members and executives failed to show up at the... 

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