Eskom says it has applied to the Johannesburg high court for an order to force Johannesburg’s City Power to pay its debt which stood at R1bn on March 31.
The Eastern Cape could be sitting pretty with a R100m investment in the cannabis industry announced on Monday, paving the way for Coega’s special economic zone to become a provincial hub for the new sector.
Stephen van Coller, former CEO of IT services group EOH, says the perpetrators of corporate corruption are being let off the hook while the businesses they brought to their knees, and those trying to save them, are kicked in the teeth.