Day: October 6, 2017

Operations at the SABC are continuing without hindrance
Featured Article South Africa

Operations at the SABC are continuing without hindrance

Communications Minister Ayanda Dlodlo says the operations at the South African Broadcasting Corporation (SABC) are on track without the board. Minister Dlodlo said her department is expecting feedback from the South African Qualifications Authority (SAQA) on the process of the verification of qualifications for all the candidates submitted for the President’s approval. “Once received, the […]

Eskom to recover R 1.564 Billion paid to McKinsey & Trillian
Business Mining South Africa

Eskom to recover R 1.564 Billion paid to McKinsey & Trillian

The South African power-utility Eskom has announced on Friday that is taking an action to recover funds that were unlawfully paid to the Gupta-linked companies McKinsey and Trillian. In a statement on Thursday, the power utility said it has written to the two companies explaining the action it would take. Eskom requested their cooperation in […]

BMW in hot-water for charging consumers an on-the-road fee
Breaking News Business Featured Article

BMW in hot-water for charging consumers an on-the-road fee

German Auto-maker BMW has issued with a compliance notice by the South African credit regulators for charging consumers an on-the-road fee on credit agreements. The National Credit Regulator (NCR) announced on Thursday that it has issued a compliance notice to BMW Financial Services for charging consumers an on-the-road fee on credit agreements. The fee is […]