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Mboweni poised to retain post 

By: Bloomberg     20th May 2019 Finance Minister Tito Mboweni is likely to hold on to his job for at least another year, as President Cyril Ramaphosa moves to re-assure investors and ratings companies that the economy is in good hands, according to two people familiar with the Cabinet selection process. The former central bank... 

Ramaphosa appoints head of new NPA investigating unit 

By: News24Wire      17th May 2019 President Cyril Ramaphosa has appointed Advocate Hermione Cronje as head of the new Investigating Directorate at the National Prosecuting Authority. This unit will be located in the office of Shamila Batohi, the national director of public prosecutions. The establishment of the unit was announced... 

We need to get our 'house in order' to fix our 'brokenness' – Eskom exec

By: News24Wire      17th May 2019 Eskom Chief Operating Officer Jan Oberholzer has appealed to staff to help the power utility fix its "brokenness". In a leaked memo, which had various pictures attached of poor workmanship, Oberholzer called on staff to be accountable and to take "ownership" of the work and tasks they do.... 

Collaboration seen as key as SA moves to position for 4IR epoch 

By: Natasha Odendaal     17th May 2019 While President Cyril Ramaphosa’s Fourth Industrial Revolution (4IR) visions for South Africa are gaining some traction, the success of a new digital future will require extensive coordination and deep collaboration across every sphere and sector. Following a technology-centred State of the... 

Eskom unbundling will allow for efficient and effective management

By: Mamaili Mamaila     17th May 2019 The challenges facing State-owned power utility Eskom can be mitigated through proper, efficient and effective management, which is possible with the company’s unbundling, says Stellenbosch University Centre for Renewable and Sustainable Energy Studies (CRSES) director Professor Sampson Mamphweli. 

Time to engage

By: Terence Creamer     17th May 2019 The mood at the media conference hosted in February at the National Union of Mineworkers (NUM) 7 Rissik Street head office in downtown Johannesburg was beyond angry. President Joseph Montisetse reported that the union was “bitterly dismayed” at the decision of its former general-secretary,... 

South Africa’s long-term growth outlook remains weak, warns Moody’s 

By: Simone Liedtke     16th May 2019 With South Africa’s sixth democratic election having run its course, ratings agency Moody’s expects the country’s new government, once formed, to put forward not just steady policies, but also to continue tackling the country’s main challenges, namely low growth, steadily rising debt, leveraged... 

Eskom 'too big to fail' and won't be privatised, Ramaphosa tells investors 

By: News24Wire      15th May 2019 President Cyril Ramaphosa reiterated at an investment conference in Johannesburg on Wednesday that struggling power utility Eskom would not be privatised, adding it was "too big to fail".  Ramaphosa was delivering his first major post-election economic address at a conference hosted by the... 

Cabinet to be restructured to benefit economy – Ramaphosa

By: African News Agency      15th May 2019 President Cyril Ramaphosa on Wednesday assured a gathering of investors in Johannesburg that his Cabinet will be restructured to bolster plans to grow South Africa's economy. "The structure of Cabinet in the sixth administration will enable government to focus on generating higher economic... 

Rise in unemployment rate a call for government to revisit policies

By: African News Agency      15th May 2019 The rise in unemployment levels in South Africa, especially in agriculture, is a major concern and deserves the immediate attention of President Cyril Ramaphosa in his new tenure, Agri SA said on Wednesday. South Africa's unemployment rate has risen to its highest level since the third quarter of... 

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