Parly committee criticises Nersa over electricity tariff increase

National Energy Regulator of South Africa offices in Arcadia, Pretoria. 2 minutes Parliament’s Portfolio Committee on Electricity and Energy has criticised the National Energy Regulator of South Africa (Nersa) for approving Eskom’s application for an increase in electricity tariffs. Last year, Nersa approved the power utility’s 12,7% tariff increase application starting from the first of…

Read More

SA’s “Big Four” banks hit by R27bn bad debt charges

Source: 123RF. The firm recalculated certain amounts and ratios using publicly available data for comparability. Despite a challenging operating environment, the report highlighted that these banks have still achieved positive growth during the first six months of 2024. The “Big Four” banks’ combined headline earnings rose by 2.5% to R56.8bn, while bad debt hit R27.1bn….

Read More

ANC aims to monitor performances of its deployed members

A delegate stands near a banner at an ANC event. 3 minutes The African National Congress (ANC) KwaZulu-Natal Task Team says the performance of party members deployed in government and the provincial legislature will be monitored as the party continues its renewal process. The PTT held a media briefing in Durban following its first meeting…

Read More

Comrades Marathon reopens entries with 1 000 additional slots

Comrades Marathon runners at the starting line. 1 minute Entries for the 2025 Comrades Marathon are to be re-opened for a limited period.  The Comrades Marathon Association’s (CMA) new board has announced that a limited number of 1 000 entries will be made available to athletes on a first-come-first-served basis. The CMA says this is…

Read More