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Tag: cuts

Mayor Hill-Lewis condemns R107m housing grant-funding cuts

Cape Town Mayor Geordin Hill-Lewis has condemned the R107m in national housing funding cuts to the City, as part of nationwide cuts to grant-funding...

Power update: System is ‘extremely vulnerable’

A statement released by Eskom early this morning said that load shedding is not planned for this week but might be implemented if an...

No load shedding in over a month

Eskom has not implemented load shedding for 36 consecutive days, it said on Monday. The power utility’s Chief Operating Officer Jan Oberholzer said the power...

No load shedding this week

Residents can pack away the candles and torches for the moment as Eskom announces that no load shedding is anticipated for this week. The national...

Eskom Deepens South Africa Power Cuts as Moody’s Flags Risk

South Africa’s debt-laden power utility raced to stabilize the grid by resorting to the most intense supply cuts in four years while Moody’s Investors...

Power cuts put children in danger

As South Africans face the threat of more load shedding, a first-of-a-kind study has revealed the cost that planned blackouts are having on the...

Department to cut water supply to 30 municipalities

The Department of Water and Sanitation will terminate bulk water supply to 30 defaulting municipalities next month, Minister Nomvula Mokonyane said on Monday. This would mean that water cuts will be implemented. Addressing a media...

Why South Africa can cut rates this week

For all its economic troubles, South Africa has managed to keep inflation within its central bank’s target band. The latest numbers on Wednesday...

South Africa’s Implats in talks that could lead to 2,500 job cuts

South Africa’s Impala Platinum has started talks with the government and unions that could see up to 2,500 workers laid-off at its Rustenburg operations...

Rand unlikely to weaken further on rate cuts

Although the rand briefly weakened on the back of the surprise interest rate cut  last week, it does not mean the currency will persistently...

MUST READ

Cummins secures contract to maintain Transnet’s aging tugboat fleet

By Larry Claasen CUMMINS’ seven-year contract to maintain Transnet’s tugboats not only cements its decades-long relationship with the transport authority but also positions the company...

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