Khulubuse Zuma’s Court Application Dismissed With Costs

The National Union of Mineworkers (NUM) has welcomed the ruling on Tuesday which dismissed the application by Khulubuse Zuma for the deferment of legal steps which were being taken by Pamhodzi Liquidators. Pamhodzi Liquidators seeks to compel Aurora Empowerment Systems to pay the more that R1,5 billion that is owed to the former Pamhodzi workers. The case, which was brought to the high court by the liquidators, was meant to compel the Aurora directors, of which Zuma is a part... Read more »
by Oliver Ngwenya | Published 11 years ago

By Oliver Ngwenya On Tuesday, March 3rd, 2015

Medupi Power Station Joins National Grid

South Africa made history on Monday when they put on line their first new power station in twenty years which happens amid a myriad of economic problems that have been largely attributed to the incidence of pow... Read more »
By Oliver Ngwenya On Sunday, March 1st, 2015

Fake Documents to ‘Expose’ SAA Board’s Offshore Wealth Exposed

An elaborate plot to oust the current chairperson of the South African Airways board, Dudu Myeni by showing that she has millions of rands stashed away in foreign bank accounts has been exposed this week, it ha... Read more »
By Oliver Ngwenya On Wednesday, February 25th, 2015

Mixed Reactions to 2015 Budget Speech

There have been mixed reactions to the budget speech by the Finance Minister, Nhlanhla Nene that was presented in the South African parliament on Wednesday afternoon. While some economists have welcomed the spe... Read more »
By Oliver Ngwenya On Tuesday, February 24th, 2015

David Makhura’s SOPA: Big Plans but no Financial Commitment

The premier of Gauteng, Mr David Makhura presented a State of the Province Address (SOPA) on Monday in which he promised to create tens of thousands of jobs in the provincial economy but conveniently did not me... Read more »
By Oliver Ngwenya On Saturday, February 14th, 2015

More Blackouts Expected this Weekend: Eskom

The South African power utility, Eskom, has advised members of the public that they need to be prepared for rolling black-outs during this weekend, particularly on Saturday as they implement what they termed st... Read more »
By Oliver Ngwenya On Friday, February 13th, 2015

SONA 2015: Zuma Reveals Plan to Help Eskom

In an attempt to allay fears of an impending crisis in the area of energy, South African President, Jacob Zuma revealed to his ‘Fellow South Africans’ that his government had its finger on things an... Read more »
By Oliver Ngwenya On Tuesday, February 3rd, 2015

Power cuts Looming as Nuclear Plant Falters

It seems that it never rains but pours for Africa’s most advanced economy. The South African power utility (Eskom) specifically has faced countless problems in fulfilling its mandate of providing electric... Read more »
By Oliver Ngwenya On Sunday, January 18th, 2015

Eskom to Increase Electricity Prices as Load Shedding Continues

Consumers of electricity are to brace themselves for more tariff increases in the next few years and they must also know that the evil that is load shedding will stay with them for a long time to come, at least... Read more »
By Oliver Ngwenya On Monday, December 1st, 2014

Massive Drop in Fuel Price on 3 December

The Department of Energy in the Republic of a South Africa announced on Friday that the price of petroleum products would decrease from Wednesday the third of December. According to the announcement, the drop w... Read more »