by sundelbolong | May 15, 2020 | Business & Finance News
The National Energy Regulator of South Africa (Nersa) has granted Eskom approval to recover R13.3 billion as part of the power utility’s regulatory clearing account (RCA) application for the 2018/19 year. The RCA application is a mechanism which allows Eskom to...
by sundelbolong | May 15, 2020 | Business & Finance News
The construction of renewable energy power plants and Eskom’s new build programme which includes power stations Medupi and Kusile, will officially be allowed during lockdown, according to guidelines issued by Mineral Resources and Energy Minister Gwede Mantashe....
by sundelbolong | May 15, 2020 | Business & Finance News
Sit down restaurant chains have come together under the banner of a new lobby group – the Restaurant Collective – to advance a set of proposals regarding business activity under Level 3 lockdown in the sector, which has been rocked by the novel coronavirus. The...
by sundelbolong | May 15, 2020 | Business & Finance News
SAA’s financial losses total more than R10 billion over the past two years, according to documents submitted to Parliament. The airline’s business rescue practitioners and Public Enterprise Minister Pravin Gordhan briefed the Standing Committee on public...
by sundelbolong | May 15, 2020 | Business & Finance News
South African wine producers are “fearful and frustrated” due to the ban on alcohol sales during lockdown, as well as the initial stop-and-go approach government had to the export of wine. This is according to Nicolò Pudel, co-founder of Port2Port.wine, a...
