SA could see the end of loadshedding by August next year, by when Eskom hopes to have eliminated the backlog in its maintenance programme, CEO André de Ruyter told business leaders in a webcast organised by BLSA on 26 June 2020.

By Busi Mavuso

SA runs the real risk of a sovereign debt crisis in about three years, which will feed into all our major corporations and our banking sector that managed to successfully navigate the global financial sector crash of 2008.

By Busi Mavuso

We applaud the NPA for the arrests of suspects linked to the looting of VBS Bank and offer our full support as it pursues justice.

By Busi Mavuso

To invest in an airline right now is a risky gamble for any investor, especially in a national airline such as SAA that hasn’t produced a profit for a decade and has been surviving on bailouts of over R30bn in that time.

The role of the new SOE council is critical but it has a tough task. BLSA wishes it the best in fulfilling its mandate.

By Busi Mavuso

One only hopes the new SOE council has not been set up to meet quarterly to just deliver advisory notes to the president.

Government reiterates its efforts to improve SOEs and invites the private sector to participate in infrastructure rollout drive to spur the economy.

By Busi Mavuso

SA will see a return of badly needed fixed investment only if the state creates an environment that is conducive for businesses to thrive and to grow inclusively. Dabbling in prescribed assets or fiddling with the independence of the Reserve Bank will not rebuild confidence.

By Busi Mavuso

Momentum is building towards finding viable solutions for our ailing SOEs with the presidential SOE council to be named soon and the review of all SOEs under way.

Cyril Ramaphosa’s admission that some lockdown restrictions had been unclear, poorly explained and even contradictory was a powerful step in resetting government’s relationship with the public.