Business

Eskom loses battle to cancel R5.2bn tender

[ad_1] By Chris Ndaliso 1 hour ago Share this article: SharecheepShareShareShareE-mailShare Durban – ESKOM has suffered an embarrassing defeat in its attempt to cancel a R5.2 billion fuel tender with the black-owned Econ Oil company when an arbitrator ruled that a contract existed between the two parties. Econ Oil had …

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Aftermarket shakeup is good news for motorists

[ad_1] By Georgina Crouth 21h ago Share this article: SharecheepShareShareShareE-mailShare As of July 1 of the next year, owners of vehicles under warranty can take their cars to any competent workshop for repair or service without risk of voiding their warranty. The final guidelines of the Competition Commission for competition …

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What activates the SA power switch?

[ad_1] Eskom has a litany of financial and operational problems. In 2017, Goldman Sachs Group declared it the highest risk to the South African economy. Several members of the cabinet have also said so. President Cyril Ramaphosa declared that Eskom is “too big to fail”. The first big problem is …

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SA now has 300 million liters of unsold wine

[ad_1] (Fake images) fake images Before the next harvest, South African wine producers still have a surplus of stocks of 280 million to 300 million liters of wine. This is the equivalent of total wine sales in the country in the last year. Wine prices have already started to fall …

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