Business articles

Organisations Accuse ESKOM Of Spying

Johannesburg – Earthlife, GroundWork, and Greenpeace have suspended their participation in Eskom’s Non-Governmental Organisation forum following reports that the power utility contracted Swartberg Intelligence Support Services to spy on the organisations. “The spying is (reminiscent) of the apartheid government’s tactics,” said Earthlife Africa director Tristen Taylor. “We want an apology from Eskom, not to us

Hawks Investigate Corrupt Construction Companies

Johannesburg – The Hawks and the Competition commission were investigating a number of top construction companies who allegedly illegally fixed state contracts worth billions of rands. The Hawks confirmed they are still collecting information for their investigation into corruption among top construction companies. So far 20 firms have confessed to irregular conduct in more than

Final Day Of Eskom Tariff Hike Public Hearings

Johannesburg – Thursday marks the final day of the public hearings into Eskom’s application for a 16% increase in electricity tariffs every year for the next five years. The South African Local Government Association, Congress of South African Trade Unions (Cosatu) and organised business made a case against the application in Johannesburg, stressing there will

Anglo American Platinum holds off on retrenchments

Platinum mining giant, Amplats (Anglo American Platinum) has given in to immense pressure from both government and unions after announcing its decision to retrench around 14 000 workers over the next few months. Amplats Spokeswoman Mpumi Sithole announced yesterday that the company will postpone the decision to retrench employees until further consultations are held. The

Plans To Merge Johannesburg’s Metro Bus With Rea Vaya

Johannesburg – The City of Johannesburg is planning to merge Metro buses with the Rea Vaya bus system as part of the Bus Rapid Transit system. Rehana Moosajee, a member of the Mayoral Committee on Transport, said a feasibility study was currently underway which would determine the future of Metro buses. Moosajee was addressing the


Telkom has confirmed that their CEO, Nombulelo Moholi, has resigned. Moholi reportedly notified the board on Friday of her intention to step down before the end of her contract period. She also indicated that she would serve out her six month notice period. Moholi is the latest victim of Telkoms string of resignations, which has