Eskom to Apply for Another Electricity Tariff Hike

Eskom to Apply for Another Electricity Tariff Hike

On Wednesday, Eskom reported it had generated R4.6 billion in revenue this year. Two days after, the National Energy Regulator (Nersa) accepted the utility’s application to extend the amount of time it has to submit another electricity tariff hike application. This...
South Africa Loses 15,000 Jobs

South Africa Loses 15,000 Jobs

According to Statistics SA’s latest Quarterly Employment Statistics (QES) survey, 15,000 formal sector jobs were lost in the first quarter of 2016, to 9.237 million employees. ‘15,000 formal sector jobs were cut’ This fall reflects the economic contraction experienced...