An open letter to Eskom’s new CEO
POSTED ON: November 18, 2019 IN Energy by Admin
Congratulations on your appointment as CEO of Eskom, which is undoubtedly one of the most challenging and important jobs in the country, as we are sure you are well aware.
As organised business, we see your appointment as a vital step towards stabilising the outlook for energy availability in Africa’s largest electricity company after more than a decade of instability in the institution
SAA shareholder needs to support board’s turnaround plan
POSTED ON: November 15, 2019 IN Latest news, SOEs by Admin
SAA and its stakeholders are striking this weekend and the airline will lose about R50m a day, but what we would ask of its shareholder representative that it now back its board and executive in managing its dispute. To intervene now would only strengthen the belief among unions that it is indeed “too big, too fail”, serving to harden positions and in effect hasten SAA’s demise.
Selling SA in a challenging global investment climate
POSTED ON: November 13, 2019 IN Political economy by Admin
Broader macro constraints need to be tackled, such as the implementation of measures that will ensure energy security, stabilising the debt pile and consolidating the fiscus. Unless these are addressed, many participants may continue viewing events like the investment conference simply as mere talk shops.
Wage bill is perhaps the greatest challenge facing Ramaphosa’s administration
POSTED ON: November 7, 2019 IN Employment by Admin
THE sixth administration is going to have to face up to some hard truths over the next few months if it is going to show some real commitment to drawing a line in the continued deterioration of its finances. There’s no harder truth than its bloated wage bill.
Much work ahead
POSTED ON: November 1, 2019 IN Economic policy, Energy by Admin
Recovery should kick off with allowing state-owned enterprises to be run like businesses