The ANC’s president’s dreams are shattering at this time because of the huge tariff increases Eskom is now charging the municipalities. Big institutions say they are tired of Eskom’s reckless tariff adjustments, and some industrialists have already packed up and left the country. Industries that is depended for electricity to the manufacture of certain goods,..
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SA economy is facing a big setback – Industrialists and entrepreneurs are packing up and leaving SA due to Eskom’s huge tariff increases
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Pension funds as much as R560 million may be lost due to fraudulent activities
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BEE administrator loses millions of pension funds – Pension funds of Anglo Platinum, invested in the (BBF), administered by Bophelo Benefit Services, a subsidiary of Mvumonala Holdings, may be lost due to fraudulent activities. It is estimated that as much as R560 million can be involved. Apparently, the company ‘cooked’ its 2016 financial statements to..
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