After it promised over 250,000 jobs annually, government apparently got too distracted by the elections to follow through.
Could help lift the construction sector out of the doldrums if done right.
State-owned arms manufacturer accused of not paying payroll deductions over to the relevant bodies.
That target is unrealistic and over-optimistic, energy experts agree, with one saying it could take up to 10 years to get the utility back on track.
The Nugent inquiry’s recommendations are continuing to be implemented.
The South African government’s guarantee of up to R100,000 per depositor means the answer is less clear than it might seem.
The SOE’s CEO says the entity has initiated several forensic investigations into alleged fraud and misappropriation of funds.
Moyo pitched up for work on Wednesday morning despite the company suggesting they will not yet accept his return as CEO.
The move follows the announcement that Denel could only pay a certain portion of its employees’ salaries for June and July.
The South African car market continues to struggle as financially stretched consumers increasingly opt for older cars at lower price points.
‘The coal sector remains key to the country’s development and industrialisation,’ Minerals Council spokesperson Charmaine Russell said.
‘If government had to give us R100 billion, in a few years’ time we would be back to where we were,’ Hadebe said.