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Former Lepelle Water CEO to remain behind bars

Tuesday, December 15, 2020

Former Lepelle Northern Water Board Chief Executive Officer, Phineas Kgahlisho Legodi, was on Monday remanded in custody by the Polokwane Magistrate Court following arrest related to a R45 million tender fraud.

Limpopo SEZ readies for lift-off

Monday, December 14, 2020

After years of intensive planning, the Musina-Makhado Special Economic Zone (MMSEZ) is nearly ready to get off the ground.

Eskom's financial, operational performance show improvement

Monday, December 14, 2020

Eskom has announced that it achieved progress in some key areas of the business, setting it on a path to operational and financial stability.

According to the power utility, this is based on the interim results for the six-month period ending in September 2020.

Eskom said the earnings before interest, taxation, depreciation and amortisation (EBITDA) increased to R28.1 billion from R26.4 billion last year.

Meanwhile, the State-owned entity recorded a net profit, after-tax, of R83 million, while navigating a very challenging operating environment.

Kieswetter appointed vice-chair of African tax forum

Monday, December 14, 2020

South African Revenue Service (SARS) Commissioner, Edward Kieswetter, has been appointed as Vice-Chair of the Africa Initiative by the Global Forum on Transparency and Exchange of Information for Tax Purposes.