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African News Agency

Santaco acquires 25% stake in SA Taxi for R1.7bn

20th November 2018 The South African National Taxi Council (Santaco) has acquired a 25 percent stake in SA Taxi for R1.7-billion, following several years of a mutually-beneficial working relationship. SA Taxi finances entrepreneurs who operate minibus taxis that may not otherwise have access to credit from... 

Eskom ordered to keep Musina's lights on

20th November 2018 The North Gauteng High Court on Tuesday ruled in favour of business organisation Sakeliga to interdict Eskom from interrupting electricity supply after Musina and other municipalities failed to settle their debts. "The first respondent be interdicted and restrained from implementing it's decision... 

I am not accountable to bullies – Gordhan

20th November 2018 Public Enterprises Minister Pravin Gordhan on Tuesday took a swipe at his detractors, telling the State capture commission of inquiry that he does not submit to bullies. The minister is testifying for a second day at the commission of inquiry into State capture, led by deputy chief justice... 

State capture was evident as early as 2014 – Gordhan

19th November 2018 The State capture phenomenon had been around as early as 2014 in South Africa during former president Jacob Zuma's administration, Public Enterprises Minister Pravin Gordhan told the State capture commission of inquiry on Monday. He said individual corrupt activities, through procuring goods and... 

Eskom says it is not load shedding

19th November 2018 Eskom on Monday said it was not implementing load shedding but the power grid was stretched with a low possibility of load shedding for the rest of week. "We will keep our customers informed if there are any changes to the system. Eskom would like to thank its customers for assisting in keeping... 

Gordhan alerts commission to 'mental lapse'

19th November 2018 Public Enterprises Minister Pravin Gordhan said he had to consult with officials at National Treasury and ''refresh his mind'' on events and meetings he took part in back when he was finance minister. Testifying in the commission of inquiry into State capture, chaired by Deputy Chief Justice... 

Eskom’s monopoly plunging South Africa into power shortages – DA

19th November 2018 State-owned power utility Eskom needs a firm plan of action to make it more efficient and productive and its monopoly on electricity must be broken, the main opposition Democratic Alliance (DA) said on Monday. Eskom was forced to implement an emergency blackout on Sunday, referred to as stage one... 

Treasury announces progress on national health insurance bill

16th November 2018 The South African National Treasury on Friday announced it made “substantial” progress on the national health insurance (NHI) Bill consultation in key areas and have reached agreement on most of the major issues. “We have made substantial progress on key areas and have reached agreement on most... 

Treasury report finds Koko meddled to help Tegeta

16th November 2018 Former Eskom CEO Matshela Koko obstructed coal testing that would have compromised the contract Tegeta Exploration cinched with the power utility, according to a forensic report released by National Treasury on Friday. The report by Fundudzi Forensic Investigation Services details how Eskom... 

Committee gives green light for Constitutional amendment on land reform

15th November 2018 The ruling African National Congress (ANC) on Thursday, dismissed accusations by opposition parties that the process which led to the adoption of a draft report by members of Parliament (MPs) on Thursday in favour of changing the Constitution to explicitly provide for land expropriation without... 

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