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Treasury to cut off Eskom defaulters

The government is targeting the recovery of unpaid municipal bills as part of the solution to Eskom’s financial recovery. Picture: SUNDAY TIMES

Government has targeted the recovery of unpaid municipal bills as part of the solution to Eskom’s financial recovery, and municipalities owe the power utility R9bn

Financial Services

New programme offers hope for change in auditing industry

Bernard Agulhas. Picture: FINANCIAL MAIL

The slow pace of transformation in the auditing industry is blamed on big companies’ preference for the big four – KPMG, PWC, Delloitte and EY

Trade & Industry

Shift in product focus will not threaten jobs, says GMSA


Operations vice-president Ian Nicholls says their objective remains to grow the locally assembled vehicle production for both the domestic and export markets


Eskom: Ngubane acting chair as Tsotsi steps down


Battle between Eskom board and its chairman Zola Tsotsi comes to an end


ON WORK: Your rudeness in reception could be used against you

How people arrive at and leave an office building provides rewarding insights for companies


Business too far removed from research

We need to ask whether enterprises are being fostered at academic bodies, writes S’onqoba Maseko

Standard Bank

Efficiency remains a priority for agriculture in 2015 and beyond

Nico Groenewald, head of agribusiness at Standard Bank. Picture: STANDARD BANK

Farmers need to remain tightly focused on improving efficiencies this year, despite lower fuel prices, favourable weather that has resulted in good crops

Featured Partner

Opinion & Analysis

Skills in office politics will take you far


Find out who the influencers are and tread carefully when interacting with them, writes Les Weiss


Quick walk to success in sandals with a good sole

Adihambo Mula-Landers partly ascribes the success of her Galago Sandals to good networking. She could get material and proper staff and product in the right boutiques. Pictures: MARTIN RHODES

Creativity and hard work pay off for entrepreneur and customised footwear designer Adihambo Mula-Landers at Galago Sandals, writes Sue Blaine

Transport & Tourism

Sanral’s Cape secrets in the open

ROAD RIGHTS: The Democratic Alliance and Right2Know held a protest outside the Cape High Court over Sanral’s N1/N2 tolling project. Picture: TREVOR SAMSON

Guarantee to Protea Parkway ‘means triple Gauteng’s tariffs’ City reveals details of roads agency’s toll plans after ruling

Koeberg nuclear power station at sunset.

Down the rabbit hole in Eskom’s Blunderland

Eskom is going to price itself out of the market, and it will be those who can least afford to pay its prices who will suffer or find illegal means of tapping into the grid, writes Bruce Whitfield


Eskom board to decide Tsotsi’s fate


Beleaguered chairman is fighting back against a proposal for a no-confidence vote and last week asked for time to make representations

Land & Agriculture

SA citrus growers skirt Spain over disease dispute


SA will avoid citrus shipments through Spanish ports to avert possible ban after authorities there refuse producers permission to inspect facilities for black-spot disease


Community acceptance is the mother lode of mining

Anglo American CEO Mark Cutifani. Picture: REUTERS

Opposition to mines is nothing new, the issue is a growing concern for miners such as Anglo American — and billions of dollars are at stake


Five things to keep in mind before you end a meeting


To maximise effect of meetings, actively design conversation, to ensure alignment and clarity on next steps, close conversations effectively

Retail & Consumer

Raw material shortages raise fears of limited drug supplies

Clicks has run short of Atorlip Atorvastatin, a common cholesterol control drug. Picture: SUPPLIED

Scarcity is due to suppliers unable to meet demand and a limited availability of imported raw material


Treasury consults 20 financial groups on sale of noncore assets for Eskom

Nhlanhla Nene.  Picture: TREVOR SAMSON

Finance Minister Nhlanhla Nene focuses on the strategic importance of targeted state assets and timing of receipt of the proceeds to raise the R23bn needed by Eskom


Westinghouse to appeal court ruling on generator contract

Eskom’s Koeberg nuclear plant looms over Melkbosstrand in Cape Town. Picture: SUNDAY TIMES

Nuclear fuel producer intends to appeal a SA court ruling dismissing its application to have the bidding process of a $334m contract re-opened

Business Times

If only the grid could run on optimism

Eskom CE Jacob Maroga. File picture: BUSINESS DAY/MARTIN RHODES

Don’t think disaster, think opportunity — Jacob Maroga looks on the brighter side of load-shedding

Business Times

‘Downgrade not due to suspensions only’

Tshediso Matona. Picture: PUXLEY MAKGATHO

Eskom’s recent credit downgrade by S&P’s to ‘junk status’ will have an impact on ‘the whole value chain of the energy industry’, says former CEO Jacob Maroga

Business Times

Used cars leave new cars in the dust


Banks finance two used cars for every new car bought — and this ratio is likely to tip further in favour of used cars


Eskom contractors fire more than 1,000 workers over illegal Medupi strike

Eskom Medupi power station.

Contractors dismiss workers for taking part in illegal strike at Medupi power station in Lephalale, Limpopo, with rest given written warnings


Aurora directors took ‘calculated risk’

Controversial businessman and nephew of President Jacob Zuma, Khulubuse Zuma, arrives for his uncle's inauguration ceremony at the Union Buildings in Pretoria on Saturday. Picture: AFP PHOTO/POOL/MUJAHID SAFODIEN

Liquidators hope to ultimately recover about R1,5bn — which they say was lost due to the actions of Aurora


ON THE MONEY: The perils of information overload

Inflicting the vast amount of data onto consumers as a legislated requirement is likely to damage social outcomes


Dreams of an energy bonanza may be stillborn

We don’t know if there is any gas or oil to develop. Expensive exploration must first be undertaken to establish whether resources even exist

Financial Services

SA insurers face tough Africa fight


Insurers looking for growth in the rest of Africa need to move fast as large European firms pursue the same markets

Transport & Tourism

SA’s visa requirements ‘hurting tourism’

Michael Tollman. Picture: TREVOR SAMSON

Dramatic decline in visitors from China — down nearly 50% last year — while competitor countries, such as Zimbabwe, offer Chinese travellers visas on arrival


GMSA plans to stop producing Chevrolets in SA


Company aims to grow export volumes in existing markets as well as develop additional customer demand


Five ways to make your open office a bit quieter


It is possible to design an open office in such as way that it not only offers employees a gorgeous workspace but also peace and quiet


SA pulled out of WTO treaty over bill, security industry says


The bill creates a system of compulsory indigenisation of private security companies with no compensation, warns law firm


Bid to curb labour broking ‘negates job creation efforts’

Platinum miners queue to undergo essential medical and safety procedures at the Wonderkop mines in Marikana Rustenburg on Wednesday, after a five-month long strike. Picture: AFP PHOTO/MUJAHID SAFODIEN

Changes to the Labour Relations Act, which employers must implement, will cost the economy 254,000 jobs, says Free Market Foundation economist


CWU threatens Telkom strike


Union may down tools to try to delay the transfer of outsourced staff to new employers


SIGN POST: How Eskom is making data centres appealing

Because guaranteed ‘uptime’ is one of the key selling features of data centres, they have been given fresh impetus by Eskom’s mismanagement of the power grid


REVIEW: Shifting quicksands of land drama

Rural Development and Land Reform Minister Gugile Nkwinti with Nongenile Adonis of Ngqamakhwe in August last year. Adonis was representing 194 families from Mantunzeleni community in Ngqamakhwe in the Eastern Cape in their joint community land claim.  Picture: DAILY DISPATCH

The most destructive aspect of land policy is not threats of expropriation and the rights conflicts that could ensue, but the fact the government keeps shifting the goal posts


Ramatlhodi to disclose results of mining charter review on Tuesday

Ngoako Ramatlhodi.  Picture: MARTIN RHODES

Mines minister will disclose government’s assessment of industry’s compliance with charter that includes targets for black ownership


State set to provide R1bn to create black industrialists

Lionel October, director general in trade and industry, briefs the trade and industry committee on the Broad Based Black Economic Empowerment Amendment Bill on Tuesday.   Picture: TREVOR SAMSON

Funding is expected to attract about R10bn to R20bn from others, such as the Industrial Development Corporation

Retail & Consumer

Relief for retailers as consumer pressure lifts


Retail sales volumes recover during the first quarter of the year, notably in lower-middle income segment

Trade & Industry

SA sticks to its guns over Sacu revenue deal

Finance minister Nhlanhla Nene briefs the standing committee on finance, in Parliament, on Tuesday. Picture:TREVOR SAMSON

SA is the ‘the cash cow’ in the regional accord and encounters resistance when it raises issues, says Nhlanhla Nene


SARS boss to set up own probe unit

SARS commissioner Tom Moyane at Parliament’s finance committee in Cape Town on Wednesday. Picture: TREVOR SAMSON

Commissioner Tom Moyane insists the planned unit will be nothing like the illegal, covert, ‘rogue’ outfit he disbanded

Land & Agriculture

Lower quality wheat will boost production


Farmers in some provinces substitute the grain for more-profitable, higher-yielding crops such as maize


Government’s BEE policy creates middlemen


Middlemen tend to import supplies at the expense of the local industry, particularly the capital goods industry, says Ben Turok

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