The power utility is challenging tariff increases approved by the National Energy Regulator of South Africa (Nersa) for 2019 to 2022. If Eskom gets its way, consumers will pay 50% more for electricity. Eskom contends that approving increases by 9.41% for 2019-2020, 8.10% for 2020-2021 and 5.22% for 2021-2022 instead of the requested 16% was..
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Eskom drops electricity price bombshell – Consumers will pay ‘50% more’ for electricity if Eskom beats Nersa in court
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Alexkor, SA state-owned diamond company is on life support
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South Africa’s state-owned diamond mining enterprise Alexkor is desperately in need of cash to pay expenses, but does the struggling entity deserve more funding? Its marine-based concessions stretch from Alexander Bay to Port Nolloth, while its land-based concessions span the equivalent of 865km2. It mines the latter through its Pooling and Sharing Joint Venture (PSJV)..
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SAA director resigns from his post amid crisis at state entity
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SAA director Martin Kingston resigned from his post, and the move was welcomed by the communist-minded Numsa union as well as the trade union Sacca. The two unions also said the rest of SAA directors should follow Kingston’s example and submit their resignations. Kingston’s resignation comes after Bloomberg said in his report there is no..
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Poor economic conditions in SA cause job losses
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With the latest announcement from Telkom regarding the retrenchment of nearly 3,000 employees, the mining industry has also warned that they will be following the same route. Glencore and Merafe are also retrenching due to the poor economy and the extremely expensive electricity. Unconfirmed reports indicate that about 1,000 jobs have been compromised, of which..
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According to experts, Telkom has approximately 4,500 excess staff who are believed to have a direct impact on the profitability of the entity
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The government as Telkom’s largest shareholder has called for an urgent meeting to discuss the company’s plan for retrenching thousands of redundant workers. Earlier last week, Telkom announced its intention to lay off about 3,000 workers, which is a fifth of its total workforce. The Department of Communications and Digital Technology has announced that Minister..
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SA is one of 8 states threatened by famine – All the more reason for competent governance!
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South Africa is one of several states in Southern Africa that are among the 45 million people who will face famine in the coming winter months. The eight states, of which Zimbabwe, Zambia, Mozambique, Madagascar, Namibia, Lesotho, Malawi and possibly Botswana are experiencing drought conditions while the economic conditions are also worrisome, have led the..
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Outrage as Telkom CEO Sipho Maseko gets R23 Million & Executives get R100 Million, yet 3,000 employees to be retrenched due to lack of funds?
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Trade union Solidarity has launched an attack on Telkom for planning to fire 3,000 employees after paying its executive team more than R100 million.
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Controversial Panyaza Lesufi’s online registration system plunges schools across SA into total chaos
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The placement of pupils by the Department of Education has created new crises, leaving parents and pupils furious. Cases have been reported from certain schools in the Central Transvaal region that are hopelessly overcrowded, which have apparently been criticized for evading the truth many pupils have not even be placed yet. What is alarming, however,..
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#LetThemEatCake SA in crisis while ANC & black elites eat cake, celebrating its 108 years
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The ruling Anc party,was holding a rally in Kimberley celebrating its 108 years.This celebration, which is usually accompanied by a jovial mood of song and dance by party leaders, members and supporters, happens during a time when the country has been plunged into several crises of epidemic proportions. Can the ANC really afford to celebrate?..
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3000 Telkom employees face unemployment after telecommunications company decides to lay off a third of its workforce
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In a letter sent to unions on Wednesday, the telecommunications company says the decline in voice calls and landline data (ADSL), as well as “operational inefficiencies” are the main reasons why so many employees have become redundant. The first of two rounds of retrenchments is at OpenServe, as well as information technology and consumer services…
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Another black school up in flames reducing the number of schools for black learners
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Another school was burned down by the country’s “barbarians” reducing the number of schools meant for blacks. The school, located in the Vanderbijlpark location, is an elementary school that suddenly leaves a large number of pupils without a classroom. Although the authorities have ordered an investigation into the incident, it is the work of vandals..
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Eskom with a debt burden of R450 billion may be the downfall of ANC regime
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Political analysts say the actions of high-ranking officials in Eskom could lead to the demise of the ANC government. The pressure is mounting on the ruling ANC regime from the inner circles as well as opposing structures as well as from extreme groups to act against those responsible for the mess in which the power..
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The largest number of unlicensed weapons in SA comes from black townships and squatter camps
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Although the Minister of Police, Bheki Cele, did not say this prominently, it became known that the largest number of illegal weapons were handed in by people from locations and squatter camps. Firearms can be still handed in at police stations until the end of May this year, when the official amnesty period will come..
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Nine black schools in the Northern Transvaal close because of 0% pass rate
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At least nine schools in the Northern Transvaal are closing due to poor performance under the 2019 matric results. The schools did not produce a matriculant who could pass the final exams this year, and the fact that 65 pupils failed last year shows that the schools are not equipped to teach pupils. The province’s..
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Outcry over appalling state of Pretoria zoo – no suitable habitat and animals not been fed for days
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The national zoological gardens are the largest zoo in the country but visitors felt that management was failing to provide a suitable habitat for the animals. The welfare and care of animals at the Pretoria zoo has been questioned by animal lovers, Rekord North reports. Several comments were posted on their Facebook page. The national..
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