đź”’ How world sees SA: Rolling blackout forecasts beat weather predictions
Forget the weather forecast. South Africans these days are more interested in the outlook for rolling blackouts, says The Economist.
Eskom
Eskom; UCT researchers seek the light – and find some
This piece finds some natural light at the end of the Eskom tunnel where many of us were convinced it was the headlight of an approaching train.
Alec Hogg unpacks Budget 2019 – the full webinar
Two and a half hours after finance minister Tito Mboweni’s presentation of the 2019 Budget to Parliament, hundreds of Biznews community members joined in our webinar with editor Alec Hogg.
đź”’ Eskom bumper bailout won’t be its last, analyst tells FT
South Africa has unveiled the largest bailout in the country’s history for Eskom, the struggling state power monopoly on the brink of collapse.
SLR Diary: Shamima Begum, Max du Preez and Jeremy Corbyn – it’s a wrap!
Taking full advantage of developments is satirist Simon Lincoln Reader, who cuts through the PCness in his unique, and decidedly unPC, style.
Flash Briefing: Eskom bailout in world headlines; UBS hit with record fine; Glencore caves to activists
Global business publications are giving prominence this morning to the Ramaphosa government’s $5bn Eskom bailout in yesterday’s Budget.
What’s next after rand wild ride on Budget day? Watch Eskom, say analysts
A rescue plan for embattled power utility Eskom calmed traders’ nerves as it appeared to avert a South African credit-rating downgrade from Moody’s.
Maverick Tito Mboweni freewheeling on Budget 2019 – Eskom mess, and more
Eskom is a subject on which Mboweni doesn’t mince his words. More than a decade ago when the first loadshedding happened, he was among the most outspoken critics.
Byte-sized: Tito Mboweni’s Budget Speech in quotes
Here are some of the quotes from Finance Minister Tito Mboweni’s maiden 2019 Budget Speech.
2019 National Budget in a nutshell
The Budget deficit is projected to grow to R243bn (4.5% of GDP) from the revised 2018/19 estimate of R210bn (4.2%). It is projected to fall to 4% of GDP by 2022.