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22
FEB
12pm

SAFM 7PM NEWS BULLETIN

Families are expected to identify the 18 bodies that have been recovered at the Gloria Mine in Middelburg Mpumalanga so far. Five bodies were recovered two weeks ago and 13 others earlier today.
22
FEB
11am

SAFM 6PM NEWS BULLETIN

An alleged drug mule has been arrested at OR Tambo International Airport after allegedly being found with more than ten kilograms of cocaine worth three-million-rand in her luggage.
22
FEB
9am

SAFM 4PM NEWS BULLETIN

The South African Revenue Service (SARS) has raided the premises of African Global Operations, formerly known as Bosasa. Reports say the revenue collector's newly-established Illicit Economy Unit led the operation.
21
FEB
12pm

SAFM 7PM NEWS BULLETINS

Public Enterprises Minister Pravin Gordhan has urged members of parliament to put the country's interests first and propose solutions to the energy crisis. Gordhan says electricity generation is important and should not be used as an electioneering issue.
21
FEB
11am

SAFM 6PM NEWS BULLETIN

The DA has called for a separate and private generation entity which the party believes will be the answer to the current impasse at Eskom. This emerged during the debate in the National Assembly on the crisis at Eskom.
21
FEB
10am

SAFM 5PM NEWS BULLETIN

The National Assembly has unanimously passed a motion that would dissolve the Assembly before the expiry of its term of office. More than 200 MPs voted in favour of the motion. The motion brought by ANC Chief Whip Jackson Mthembu follows the recent announcement by President Cyril Ramaphosa that the election will be held on the 8th of May.
21
FEB
9am

SAFM 4PM NEWS BULLETIN

Port Elizabeth police are investigating a case of murder after the shooting of a man and his seven month old baby at Veeplas township. Police spokesperson, Andre Beetge says two suspects allegedly kicked open the door while the man was in bed with his child and mother. Several shots were fired towards the father and the infant.
21
FEB
8am

SAFM 3PM

Kgoerano Kekana, who was allegedly sexually harassed by ANC National Spokesperson, Pule Mabe has spoken out following the clearing of Mabe by an internal ANC committee of sexual harassment charges. Kekana has labelled the internal party panel that heard her case as having given way to toxic masculinity, misogyny and patriarchy. Kekana states that only one of eight witnesses who would have corroborated her testimony were called by the panel and that she, as the victim, had to go to great lengths to explain herself. In a statement, she says she is exploring other avenues to get relief, including the CCMA.
21
FEB
8am

SAFM 2PM

Kgoerano Kekana, who was allegedly sexually harassed by ANC National Spokesperson, Pule Mabe has spoken out following the clearing of Mabe by an internal ANC committee of sexual harassment charges. Kekana has labelled the internal party panel that heard her case as having given way to toxic masculinity, misogyny and patriarchy. She states that only one of eight witnesses who would have corroborated her testimony were called by the panel and that she, as the victim, had to go to great lengths to explain herself. In a statement, she says she is exploring other avenues to get relief, including the CCMA.
20
FEB
1pm

SAFM 8pm News Bulletin

Company law expert Professor Tshepo Mongalo, says there's still lack of clarity on the role of the Chief Reorganisations Officer proposed by Finance Minister Tito Mboweni his maiden budget speech. Mboweni announced that all struggling State Owned Enterprises will be given a Chief Reorganisations Officer, to monitor their turnaround plans. According to Mongalo, the relationship between a Chief Reorganisations Officer and the board must be clearly defined ...

IN : Now what is... OUT : ..moment. DUR : 30sec

TEXT :

(Now what is not clear, is whether this CRO is similar to business rescue practitioners. Because in respect of business rescue practisioners, we will know that in certain instances they will replace the board of directors and undertake the operations of the business, it is not clear at the moment.

TSHEPO ECON DESK 20/2/2019. Cje
20
FEB
12pm

SAFM 7pm News Bulletin

The rand is trading under 14 to the dollar on the back of Finance Minister Tito Mboweni's announcement that government would not carry Eskom's debt. The rand is currently trading at 13-97 to the US dollar. Some analysts had forecast that government may be forced to give the power monopoly as much as 200 billion rand. However the market appeared to like Mboweni's announcment that government would be providing Eskom with 23 billion rand for each of the next three years and would be insisting on the appointment of a Chief Reorganisations Officer for cash strapped SOEs. Mboweni said there were strict conditions attached to the money ...

[TAKE: SB]

(TEXT: POURING MONEY DRECTLY INTO ESKOM IN ITS CURRENT FORM IS LIKE POURING WATER INTO A SIEVE I WANT TO MAKE IT CLEAR THE NATIONAL GOVERNEMNT IS NOT TAKING ON ESKOM'S DEBT ESKOM TOOK ON THE EDBT IT MUST ULTIMATELY REPAY IT WE ARE SESSTING ASIDE A 23 BILLION RAND A YEAR TO FINANCIALLY SUPPORT ESKOM DURING ITS RECONFIGURATION THE FINANCIAL SUPPORT IS CONDITIONAL ON AN INDEPENDENT CRO BEING JOINTLY APPOINTED BY THE MINISTERS OF FINANCE AND PUBLIC ENTERPRISES WITH THE EXPLICIT MANDATE OF DELIVERING ON THE RECOMMENDATOONS OF THE PRESIDENTIAL TASK TEAM A CHIEF REORGANISATION OFFICER MUST BE APPOINTED JOINTLY BY THE MINISTERS OF FINANCE AND PUBLIC ENTERPRISES TO OVERSEE CERTAIN DELIVERABLES. )

lulu/parly/20/02/19 cje

(SOUND: )

)
20
FEB
10am

SAFM 5pm News Bulletin

DA leader Mmusi Maimane has criticised the Budget Speech delivered by Finance Minister Tito Mboweni in the National Assembly - saying it lacks a comprehensive plan to fix the ailing economy. In his maiden budget speech in the National Assembly, Mboweni said the economy was expected to grow at around one point five percent - way below the five percent required to make a substantial dent in unemployment and inequality. Mboweni announced a one point eight three trillion rand budget focused mainly on social development. But Maimane says Mboweni seems to be distancing himself from fixing the challenges faced by state owned enterprises:

[TAKE: SB
NAME: sb DA BUDGET
INCUE: I'd hoped
OUTCUE: the economy
DURATION:0'26"]

TV khanyi@jhb 20/2 cje

{TRANS: I'd hoped that the Minister of Finance would come up with a economic plan, none was forthcoming. He'd come up with a plan about which department we're gonna cut so that we can free up the resources to the people, none was forthcoming. He minced his words about state owned enterprises by saying we should decide what we're gonna do, as if he is not part of the government. Projected growth this year was already from point 7 to just over 1.2. This shows that actually the ANC has no plan to grow the economy.

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