Business In The News South Africa

At least 15 of 36 names shortlisted for SABC board interviews

PARLIAMENT, August 22 – MPs on Tuesday unanimously agreed on at least 15 names which will be included on the shortlist of candidates to be interviewed for the new permanent South African Broadcasting Corporation (SABC) board. It emerged there were several common names from different political parties represented on Parliament’s portfolio committee on communications. These […]

Business In The News South Africa

ConCourt clears path for Eskom to hike tariffs in Nelson Mandela Bay Metro

JOHANNESBURG, August 23 – Eskom has been given the green light to make future applications for electricity price adjustments against a number of private companies within the Nelson Mandela Bay Metropolitan Municipality in relation to the third multi-year price determination (MYPD3) methodology.   This comes after the Constitutional Court on Tuesday dismissed an application by Borbet SA and others […]

Business In The News South Africa

Vodacom to refund customers after disappearing data crisis

JOHANNESBURG, August 22 – Vodacom on Tuesday said it was refunding airtime and data to customers whose data mysteriously disappeared.   The largest mobile operator in South Africa trended on social media on Monday evening with subscribers complaining that their data and airtime was disappearing.   Responding to the complaints on Monday night Vodacom apologised and said technicians […]

Business In The News South Africa

Put pride aside and participate in timeshare inquiry, says consumer commission

JOHANNESBURG, August 21 – National Consumer Commission (NCC) commissioner, Ebrahim Mohamed, has appealed to consumers who have problems with timeshare holiday companies to put their pride aside and participate in the ongoing inquiry into the industry. The NCC will hold public hearings in Polokwane in Limpopo on Monday and Tuesday this week. Similar hearings have […]

Business In The News South Africa

Chamber files replying affidavit in Mining Charter interdict application

JOHANNESBURG, August 18 – The Chamber of Mines filed its replying affidavit in the North Gauteng High Court on Friday, to support its interdict application which seeks to prevent government from implementing the 2017 Reviewed Mining Charter. This comes after mineral resources minister, Mosebenzi Zwane, last week filed his answering affidavit to oppose the Chamber’s application. […]

Business In The News South Africa

Zwane insists Mining Charter targets are ‘realistic and achievable’

JOHANNESBURG, August 18 – Mineral resources minister Mosebenzi Zwane on Friday defended the controversial Reviewed Mining Charter, saying that it was his firm belief that the Charter would give “practical expression to the meaning of radical economic transformation”   Speaking at the Black Business Council business breakfast in Johannesburg, Zwane said the economy must undergo […]