Not much to show from commitments made at Jobs Summit
After it promised over 250,000 jobs annually, government apparently got too distracted by the elections to follow through.
Last year when President Cyril Ramaphosa gave the closing address at the Jobs Summit, held to come up with a concrete plan to tackle unemployment in the country, he told critics who said the event would be a talk shop to “eat their words”.
Business News Petrol price to go up by 11 cents, diesel price to decrease
The price of diesel 0.05% sulphur will decrease by 13.29 cents and that of diesel 0.005% sulphur will go down by 14.29 cents per litre.
Business News Eskom’s turnaround will not happen in 18 months – experts
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.
Three top executives placed on suspension at Sars
The Nugent inquiry’s recommendations are continuing to be implemented.
Business News Denel to pursue legal action against former bosses to recover losses
The SOE’s CEO says the entity has initiated several forensic investigations into alleged fraud and misappropriation of funds.
Business News Eskom in a ‘death spiral’ but somehow still on ‘right track’ – outgoing CEO
‘If government had to give us R100 billion, in a few years’ time we would be back to where we were,’ Hadebe said.