Consumer goods company AVI invests R22m to deal with Eskom’s power cuts
Fast-moving consumer goods (FMCG) group AVI said this week it found the second half of last year challenging due to Eskom’s record levels of loadshedding. “The... Read more.
Significant back-to-back hikes in interest rates starting to bite
The major increase in local interest rates is starting to weigh on consumers and affect local businesses’ decisions about investing in more capacity in South Africa.... Read more.
Business crafts contingency plans as loadshedding persists
South Africa’s major business and industry bodies are concerned about the increasingly erratic Eskom electricity supply. At the same time, they are putting in... Read more.
Eskom tariff increase sparks outcry
This week, the National Energy Regulator of South Africa (Nersa) announced it had approved two significant annual electricity price hikes. For the 2023/24 financial... Read more.
Tax-free savings a good way to build a nest egg for the young
It is over 10 months into the tax year, and a critical way taxpayers can benefit from tax laws is to contribute to a tax-free savings account (TFSA). The South African... Read more.
Miss SA plans for her financial security
Miss South Africa 2022 Ndavi Nokeri can save 80% of her income partly because of the sponsorships she receives as the title holder. “It is difficult to save 80%... Read more.
Could Eskom’s power cuts move to unprecedented levels in 2023?
There are fears that Eskom’s loadshedding in 2023 could move to unprecedented levels and cause even more disruption to the economy and the lives of ordinary South... Read more.
Fighting corruption continues: Gordhan
Minister of Public Enterprises Pravin Gordhan on Thursday called on Eskom employees to take up the fight against corruption. “Do not be tempted by bribes,” he... Read more.
Eskom won’t get out of its hole — expert
So far this year, Eskom’s failing power stations have caused South Africa to experience an annual record over 180 days of power cuts, and before the end of 2022,... Read more.
