High court rejects Eskom and Nersa’s R54 billion settlement

Eskom electricity infrastructure. AfriForum has welcomed the decision of the High Court in rejecting Eskom and National Energy Regulator of South Africa (Nersa) attempt to reach a R54 billion settlement behind closed doors in the power supplier’s tariff dispute. This comes after attempts to correct the error in Eskom’s allowable revenue determination without the proposed…

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KZN govt to challenge any attempt by SARB to take over Ithala Bank

One of Ithala Bank branches. 2 minutes KwaZulu-Natal (KZN) Premier Thamsanqa Ntuli says the provincial government will continue to legally challenge any attempts by the Reserve Bank’s prudential authority to take over operations of Ithala Bank. Ntuli says the provincial government welcomes the judgment by the High Court in Pietermaritzburg which barred the Repayment Administrator…

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Ekurhuleni Metro mourns death of two murdered cops

1 minute The Ekurhuleni Metro Police Department (EMPD) has sent its condolences to the families of two officers who were fatally shot by armed suspects in the Umthambeka Section in Tembisa on Thursday. EMPD spokesperson Thabiso Makgato says that the officers were allegedly on their way to pick up a colleague when they were ambushed…

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Cabinent approves appointment of RAF interim board

Transport Minister Barbara Creecy. Transport Minister Barbara Creecy says Cabinet has approved the appointment of an interim board at the Road Accident Fund (RAF). The Minister announced sweeping changes to the leadership of two major state-owned entities (SOEs),RAF and South African Airways (SAA), while giving an update on the boards of directors of some SOEs that fall under her…

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Four suspects nab for two murders in Gqeberha

SA police ‘arrest’ banner. 1 minute Eastern Cape police have arrested four suspects, aged between 28 and 46, in connection with the murder of two women in Walmer in Gqeberha. Police Spokesperson, Sandra Janse van Rensburg, says the police responded to reports of gunfire in Sakhasonke Village where upon arrival they found the bodies of…

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