Category: dearSA

Eskom will be receiving a further R59bn from Treasury over the next two years to stay afloat, Finance Minister Tito Mboweni announced on Tuesday. This lifeline comes on top of the R23bn annual inunction to the cash strapped power utility announced in February. The special appropriation bill will give Eskom R26bn in the 2019/2020 financial…

Article from the Rational Standard By:Nicholas Woode-Smith Expropriation without compensation (EWC) isn’t an abstract threat, always too far away to matter and only affecting the people you don’t care about. It is very, and most unfortunately, real and present. With Parliament agreeing to review section 25 of the Constitution, we aren’t yet facing expropriation without compensation,…

The minister also said the debt and restructuring of Eskom will need to be addressed. Finance Minister Tito Mboweni on Tuesday presented his plans to parliament to provide financial support to struggling energy utility Eskom. Mboweni introduced the Special Appropriation Bill in the National Assembly, which will offer the parastatal a lifeline in the current…

Article from IOL Cape Town – The City of Cape Town will soon put out a draft by-law to protect its precious coastline from encroachment, poaching activities and other damaging actions. In a statement, the City said it would soon publicise the draft Coastal By-law for public participation, with the intention being to “better protect…

Article from IOL Cape Town – The City of Cape Town is facing a groundswell of opposition to its increase of the electricity tariff and surcharge, a move which has been labeled as unconstitutional. The tariff increase and surcharge has sparked outrage from cash-strapped residents and has lead a civic group, a concerned resident and…