New Election Officer to Preside over Disclosure of Funding in South African Polls

By Ted Botha 01-08-19 23:49

As allegations continue about whether President Cyril Ramaphosa knew that a R500,000 contribution to his 2017 presidential campaign came from the scandal-plagued company Bosasa, the Independent Electoral Commission has appointed a chief of party funding to oversee that political parties in future disclose contributions above a certain amount. The IEC named George Mahlangu as the […]

Mark Barnes Quits South African Post Office

By Ted Botha 01-08-19 16:01

Almost four years after stepping in from private enterprise to try help save the floundering and disastrously inept South African Post Office, Mark Barnes has quit the post, citing differences on a future strategy for the structure of the SAPO. In a statement today, the SAPO said it was with regret that it announced Barnes’s […]

Joburg Team Awarded For Huge Contribution to Fight Unemployment in SA

By Jenni Baxter 01-08-19 18:51

Youth Employment Service (YES) CEO Tashmia Ismail-Saville has been presented with the South African Chamber of Commerce UK and Official Brand South Africa Play Your Part award for the “enormous contribution” she and her team are making towards driving employment and employability in South Africa. President Cyril Ramaphosa launched YES in March 2018. The initiative […]

South African Revenue Service (SARS) Suspends 3 Executives

By SAPeople Contributor 01-08-19 11:02

The South African Revenue Service (SARS) has suspended three senior executives who face disciplinary action over serious misconduct allegations. The executives are: Hlengani Mathebula, Chief Officer: Governance, International Relations, Strategy and Communications. Teboho Mokoena, Chief Officer: Human Capital and Development. Luther Lebelo, Group Executive: Employee Relations. In a brief statement issued on Wednesday, SARS said […]

South African Govt’s Expenses for Geneva Junket Under Fire

By Ted Botha 31-07-19 20:24

One day after Eskom’s soaring debt was disclosed to the public and the same week that unemployment figures reached record highs, President Cyril Ramaphosa’s government has come under fire for spending R100,000 for each of 35 delegates to attend an International Labour Organisation meeting in Geneva in June. In a statement today, the DA said […]

Parliament to Discuss Mkhwebane’s Fitness to Hold Office

By Ted Botha 31-07-19 18:25

As pressure mounts from all sides on the public protector Busiswe Mkhwebane and questions are raised about her ability to be the government’s legal watchdog, parliament will in September discuss a request to investigate her fitness to hold office and then “map out a way forward,” it was announced today. Numerous public statements about Mkhwebane’s […]

South African Arms Manufacturer Denel to Take Legal Action to Recover Losses

By Ted Botha 31-07-19 17:57

The South African arms manufacturer Denel, trying to claw its way back from years of maladministration and alleged deals benefiting the Guptas, is taking legal action to recover losses made during that time, according to the CEO Danie du Toit. In a statement today Du Toit said Denel had already received several reports concerning improper […]

Geneva

JSE CEO Nicky Newton-King Retires After 8 Years

By Jenni Baxter 31-07-19 09:27

JOHANNESBURG – Nicky Newton-King, Chief Executive Officer of the Johannesburg Stock Exchange (JSE), has announced her retirement after eight years at the helm of Africa’s biggest securities exchange, the JSE said on Tuesday. Chairman Nonkululeko Nyembezi said in a statement: “During 2018 Nicky indicated to the board a desire to step down, both for reasons of […]

Eskom Appoints South Africa’s Chief Accountant to Lead Restructuring

By Ted Botha 31-07-19 05:13

The mammoth task of unbundling Eskom has been given to the chief of the South African Institute for Chartered Accountants, Freeman Nomvalo, who the Minister of Public Enterprises Pravin Gordhan today named as the utility’s new chief restructuring officer. In a statement from the institute, Nomvalo said its board had agreed to a request from […]

Public Protector’s Deputy Exposes Cracks in Mkhwebane’s Office

By Ted Botha 30-07-19 17:12

Adding to the battles facing the public protector Busiswe Mkhwebane, her deputy has said she didn’t consult him on the controversially “flawed” ABSA-SARB report, and that there were lessons to be learnt from the recent setbacks Mkhwebane has been dealt in court. “I don’t know anything about the Absa report, sitting here as the Deputy […]

eskom makes profit 2019

Eskom’s Annual Loss Widens to Over R20-Billion, But Clean-Up in Motion

By SAPeople 30-07-19 17:15

JOHANNESBURG – South African power utility Eskom announced on Tuesday that its annual loss has widened to R20.7-billion ($1.46-billion) in the 2018/19 financial year… a massive increase from the already discouraging R2.3-billion in the previous year. Eskom Chairman Jabu Mabuza said: “Today Eskom releases results that, while expected, are unfavourable. The organisation disappointingly incurred a […]

The End of Julius Malema as EFF Leader Mooted by Party Chairman

By Ted Botha 17-12-20 01:30

Since the Economic Freedom Fighters’ launch in 2013, it has only had one leader, Julius Malema, although according to party chairman Dali Mpofu that could change as early as December. After Mpofu was interviewed by Power FM’s Aldrin Sampear today, the radio station said the advocate believed it was unlikely Malema would stand as president […]

Unemployment in South Africa Jumps to 29 Percent, Highest Since 2008

By Ted Botha 30-07-19 12:54

South Africa’s unemployment rate has risen to 29 percent, the highest level record since the quarterly labour force survey was introduced in 2008, although it had reached 29,3 percent in 2003, the Department of Statistics announced today. A total of of 15.5 million people are not economically active, about 2.7 million of them discouraged work […]

Fire in Cape Town, South Africa, Leaves Over 1,000 Homeless

By Guest Contributor 30-07-19 00:42

Over a thousand people were left homeless and one person died after a fire swept through Cape Town’s Masiphumelele’s Wetland informal settlement in E-Section in the early hours of Monday morning. The fire, said by residents to have been caused by a candle in one of the shacks, started at about midnight and was ultimately […]

Acting CEO Jabu Mabuza Appointed at South Africa’s Eskom

By Jenni Baxter 29-07-19 21:19

South African Public Enterprises Minister Pravin Gordhan announced on Monday that Jabu Mabuza has been appointed as acting group chief executive officer (GCEO) of Eskom following a board meeting earlier today. Gordhan said in a statement: I have informed the Eskom annual general meeting this afternoon of my decision to appoint Mr Jabu Mabuza as […]

StatsSA

South African Population Up Almost 1 Million in Past Year

By Ted Botha 29-07-19 16:16

The population of South Africa rose by 900,000 in the past year, and now stands at 58.8 million, according to figures released today by the Statistician General Risenga Maluleke. He said the main driver of population growth was births, but immigration also contributed. Of the total, 51 percent were female and 49 percent male. About […]

South Africa’s Gordhan Wins Urgent Interdict Against Embattled Mkhwebane

By Ted Botha 29-07-19 12:42

PRETORIA – In another blow to the public protector, a judge of the North Gauteng High Court today interdicted Busiswe Mkhwebane or her office from enforcing remedial action she had recommended the president take against Pravin Gordhan, pending a judicial review of Mkhwebane’s report against Gordhan. The decision was handed down by Judge Sulet Potterill, […]

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