The CEOs of the Sasol, Bongani Nqwababa and Stephen Cornell agreed to resign after an independent investigation into a highly controversial US project. The so-called Lake Charles Chemicals Project, which is said to have seven production units that would produce different chemical products, one of which is a type of plastic, would have cost as..
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Sasol loses 44% of value – CEO’s obliged to resign after controversial Lake Charles Chemicals Project
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Farmers across SA are are currently experiencing huge losses due to Eskom’s unreliable service and continues load shedding
Farmers across the country, but especially in the soft fruit industry, are at wits end. All this because of the continues load shedding that is currently employed throughout South-Africa. Vessels that deliver water at a certain time of the day for a certain time are now affected by power failures. The “cold chain”, namely cooling..
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ANC regime exploiting taxpayer’s money more and more – Treasury writes off R23 billion, SAA will get more money
The Treasury has announced that it has written off almost R23 billion of government’s SA investment. In the previous financial year, R13 billion was written off and Treasury expects SAL to show losses until 2020. According to economists, it is clear that state-owned entities are exploiting taxpayers hard earned money and that these enterprises are..
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Eskom is planning to recover losses from corruption and loopholes by increasing your tariffs to recover over R66bn but still you will face loadshedding since there are no coal reserves
Eskom is planning to recover losses from corruption and loopholes in the MYPD rules by increasing your tariffs to recover over R66bn before the end of 2018. Nersa invited the public to comment on Eskom’s request to increase tariffs to recover R66bn lost between 2014 and 2017 – the years included in the Public Protector’s..
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