We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saving Edcon is about saving jobs, says CEO“I am here, really, to preserve as many of the jobs as possible” — Edcon group CEO Grant Pattison on saving the owner of Jet, Edgars and CNA. Your and your predecessors poor management decisions brought Edcon to its knees. Now you want tax payers savings to bail you out. Let it fail, markets will correct itself. Why does EFF not buy Edcon ? Will save jobs and rid us of some White Monopoly Capital at the same time? Or BLF - and then kill the white staff, and their dogs? Edcon accounts for +/-10% of shopping mall space according to SAPOA_SA -the risk of yields on SA REITs with shopping mall exposure dropping by at least ten percent is very real. I think Edcons timing re: approach to the PIC couldn't have been worse -doubt they will coughup R3bn
Source: mailandguardian - 🏆 2. / 92 Read more »
Eskom to meet with union reps over alleged retrenchmentsEmployees staged a lunchtime picket outside the building over what they say is the utility's failure to inform them about plans to unbundle the cash-strapped power utility.
Source: ewnupdates - 🏆 30. / 53 Read more »
Man dies saving kids from derelict building | IOL NewsA man was crushed to death by a collapsing wall as he tried to save children in a dilapidated building.
Source: IOL - 🏆 46. / 51 Read more »
Moment of truth looms for new-look EskomPresident Cyril Ramaphosa is hoping to announce the new shape and size of Eskom in his state of the nation address on February 7
Source: BDliveSA - 🏆 12. / 63 Read more »
Nersa to resume public hearings on Eskom tariff increase applicationEskom has asked the energy regulator for a 15% annual tariff increase for three consecutive years.
Source: ewnupdates - 🏆 30. / 53 Read more »
Eskom tariff increases will impose unbearable burden on poor – DAThe party picketed against the proposal at the start of public hearings in Soweto being held by Nersa.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
#Eskom tariff increases will impose unbearable burden on poor, says DA | IOL NewsThe 15% tariff increase over three years requested by Eskom will raise the cost of living for the poor to unbearable levels if granted, the DA said. They don’t pay anyway so the burden will go to the middle class!!
Source: IOL - 🏆 46. / 51 Read more »
BREAKING NEWS: Eskom secures R15bn loan facilityThe struggling power utility has a debt burden of R419bn From where, So Eskom is taking more debt to survive? Hmm.....I don't think this loan will solve the challenges facing this company in a longer-term though........ So simply more debt ? More debt to be serviced and never to be repaid ?
Source: BDliveSA - 🏆 12. / 63 Read more »
JUST IN: Eskom secures R15bn loanEskom has secured a R15bn credit facility from local and international banks. More debt. Smart This Eskom is a cancer. From who ? And with what conditions
Source: News24 - 🏆 4. / 80 Read more »
Eskom secures R15bn loanBREAKING | SA’s debt-ridden power utility Eskom, says it has secured a R15bn loan facility from a consortium of local and international banks.
Source: TimesLIVE - 🏆 28. / 59 Read more »