[ad_1] Former Eskom Board Chairman Zola Tsotsi (Photo: Gallo Images / Business Day / Russell Roberts) Gupta’s Lt. Salim Essa briefed former Public Business Minister Lynne Brown on Eskom’s board subcommittee positions, former board chairman Zola Tsotsi told the Zondo Commission. The State Capture Inquiry has heard how a list …
Read More »The cabinet appoints permanent executive directors for Prasa and Correos in difficulties
[ad_1] The cabinet has announced new CEOs for the South African Passenger Rail Agency and the South African Post Office, two struggling state entities that have faced high turnover of senior executives in recent years. Zolani Kgosietsile Matthews has been appointed Managing Director of the Prasa group, while Nomkhita Mona …
Read More »Take a look | ‘Kruger Millions’ discovered in a Swiss vault, and now for sale
[ad_1] The Kruger Pond “Lost Hoard” (Image: South African Mint) The Kruger ponds, produced in South Africa between 1893 and 1900, were recently discovered in a Swiss vault and have since been acquired by the national Mint. The discovery of the “lost treasure” is believed to be another part of …
Read More »Mboweni preaches with a commitment to stop bailouts for troubled state-owned companies
[ad_1] While South African Airways (SAA) will get R4.3 billion this year and Eskom more than R31 billion, this was money that was allocated in previous budgets and cannot be classified as new bailouts. Finance Minister Tito Mboweni delivers his budget speech in Parliament on February 24, 2021. Image: GCIS. …
Read More »J&J Vaccine Works Better Against SA Variant Than Previously Reported, FDA Finds
[ad_1] Johnson & Johnson’s coronavirus vaccine is given as a single shot, while both Pfizer’s and Moderna’s require two shots. Thiago PrudĂȘncio / SOPA Images / LightRocket via Getty Images US regulators just released detailed data on Johnson & Johnson’s coronavirus vaccine. Your rate of effectiveness against The 501Y.V2 variant …
Read More »South Africa’s mathematical surprise
[ad_1] Mathematics achievement among South African students remains surprisingly low, as more students choose to take Mathematics Literacy rather than Basic Mathematics. Recent matrix results announced by Basic Education Minister Angie Motshekga reflected a 76.2% pass rate, a reduction of more than five percentage points compared to last year’s results. …
Read More »The unemployment rate is now the highest since 2008 – The Citizen
[ad_1] While South Africans were optimistic that the economy was beginning to recover during the fourth quarter of 2020, new unemployment figures from Stats SA show that it was not, with another 701,000 people losing their jobs. A total of 11.1 million people are now unemployed in the country. A …
Read More »Heavy Police Presence at Pietermaritzburg Court as Zuma Arms Trading Case Resumes
[ad_1] As for today’s court proceedings, the state and the defendants are expected to finalize pre-trial matters. The NPA team led by Adv. Billy Downer in Pietermaritzburg Magistrates Court on December 8, 2020 for the case against former President Jacob Zuma and Thales. Image: Nkosikhona Duma / EWN. PIETERMARITZBURG – …
Read More »Banks came out fighting after the Reserve Bank of South Africa launched a qu …
[ad_1] (Image: Adobe Stock) The Reserve Bank’s Prudential Authority says banks can move forward with paying dividends as they put the finishing touches on their 2020 financial results. Some banks have already warned shareholders not to expect a payment. The Reserve Bank of South Africa has thrown a curve ball …
Read More »IN NUMBERS | Matric 2020: National approval rate drops to 76.2%
[ad_1] DBE Minister Angie Motshekga announces Matric 2021 results. The Department of Basic Education has announced the results of the 2020 enrollment. Free State has the highest number of passing tuition students, for the second year in a row, followed by Gauteng, Western Cape and KZN. The national pass rate …
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