Eskom pollution battle; Lights on for Tito; O’Sullivan summons Myeni; CT's 'rainless day strategy'; Shoprite

Loading player...
In today's business headlines:
- Eskom is battling to keep all units of its biggest operational power plant at Kendal open after being served with a compliance notice by the environment ministry because of its high levels of air pollution;
- Eskom has indicated that the lights would be on for Finance Minister Tito Mboweni’s budget vote today as no loadshedding is planned. Eskom said emergency reserves were at adequate levels, with additional generating units expected to return to service;
- Forensic investigator Paul O’ Sullivan has served the former chairperson of South African Airways Dudu Myeni with a combined summons as she has been 'ducking and diving' since December 2018;
- Shoprite Holdings has announced that it would transfer its distribution centres and undeveloped land valued at R2bn to a new joint venture it is putting in place with Equities Property Fund; and
- Cape Town plans to spend R5.8bn over the next decade to cushion its 4 million residents against another dry spell but the city says that consumers have drastically cut water use since 2015. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Feb 2020 1PM English South Africa Investing · Business News

Other recent episodes

How solidarity plans to force out BEE by 2030: Connie Mulder | The NdB Sunday Show

In this edition of the NdB Sunday Show with Chris Steyn, Connie Mulder, the head of Solidarity's Research Institute (SRI) shares its comprehensive roadmap to gradually transition South Africa from race-based legislation to real empowerment, based on need, economic growth and job creation by 2030. It includes practical suggestions on…
17 May 7AM 30 min

How Egoli Youth Empowerment turned squash into a pathway to opportunity for Joburg's youth

Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable…
15 May 9AM 19 min