Government is considering taking over part or all of Eskom’s R392-billion in debt, the International Monetary Fund has disclosed.
Browsing: Enoch Godongwana
South Africa is readying a mandatory vaccine policy and is set to implement it early next year, a senior labour union official said.
Cabinet has decided to scrap the electronic tolling of Gauteng’s freeways, Moneyweb reported on Monday, citing transport minister Fikile Mbalula.
South Africa will soon agree on a comprehensive, unified approach to turning around Eskom, according to the public enterprises minister.
After years of wrangling, South Africa appears no closer to finalising a plan to cut Eskom’s R402-billion of debt to more sustainable levels.
Government has once again failed to make any pronouncement on the future of the controversial e-tolls scheme in Gauteng.
Key government ministers have reached a broad agreement to sell some of Eskom’s coal-fired power plants to help reduce its debt burden, finance minister Enoch Godongwana said.
Enoch Godongwana says topping his “to-do list” to bolster economic growth includes reforming the country’s electricity supply and assigning spectrum.
Government and some state-owned entities appear to be painting themselves into a corner on the user-pays principle, which government often uses to justify e-tolls.
President Cyril Ramaphosa announced 10 changes to his cabinet, including the appointment of close political ally Enoch Godongwana as his new finance minister.