SA’s Tax Freedom Day: Exploring the reasons behind the country’s high tax burden
The estimated 2023 Tax Freedom Day for SA will fall two days later than last year’s prediction as the tax burden remains exorbitantly high.
state-owned entities
Brace yourself: harsher load shedding coming in 2022, warns energy expert
South Africans should not pin their hopes on Eskom’s newest coal-fired power stations to help solve the load shedding crisis, reports MyBroadband.
NERSA rejection of tariff proposal would destroy the electricity industry – Eskom
Eskom hit back at NERSA over the rejection of its tariff proposal. It said the decision would destroy the electricity industry – including municipalities.
Transnet looking to the private sector is a step in the right direction – Francois Nortje
Francois Nortje joined BizNews to discuss what the privatisation of Transnet would mean, how much investment would be required and how it would work.
A Judge’s open, urgent letter to the African National Congress
We have had 27 years of freedom in South Africa – why are our people still so poor? Why have our schools still got pit latrines? asks Judge X.
PIC money or not, state stays responsible for Eskom debt, says BNP
A proposal by Cosatu to rescue debt-stricken Eskom with state workers’ pensions would amount to little more than a shifting of contingent liabilities, says BNP Paribas SA.
SAA cuts routes to the bone to stay afloat
South African Airways (SAA) cut flights to to nine international cities as the embattled state-owned carrier scales back to stay in business.
SAA flies into unfamiliar territory – politically, economically and legally
The decision to place SAA under business rescue puts the country in unfamiliar territory – politically, economically and legally.
Mailbox: What are unions contributing to ensure the survival of SOEs?
The Association for Monitoring and Advocacy of Government Pensions argues that unions are holding state-owned companies hostage with ridiculous demands.
Pravin Gordhan refuses to give SAA any more money for wage battle
The government ruled out stepping in the battle between SAA and unions, with Public Enterprises Minister Pravin Gordhan refusing to fund wage demands.