Eskom pollution battle; Lights on for Tito; O’Sullivan summons Myeni; CT's 'rainless day strategy'; Shoprite

Loading player...
In today's business headlines:
- Eskom is battling to keep all units of its biggest operational power plant at Kendal open after being served with a compliance notice by the environment ministry because of its high levels of air pollution;
- Eskom has indicated that the lights would be on for Finance Minister Tito Mboweni’s budget vote today as no loadshedding is planned. Eskom said emergency reserves were at adequate levels, with additional generating units expected to return to service;
- Forensic investigator Paul O’ Sullivan has served the former chairperson of South African Airways Dudu Myeni with a combined summons as she has been 'ducking and diving' since December 2018;
- Shoprite Holdings has announced that it would transfer its distribution centres and undeveloped land valued at R2bn to a new joint venture it is putting in place with Equities Property Fund; and
- Cape Town plans to spend R5.8bn over the next decade to cushion its 4 million residents against another dry spell but the city says that consumers have drastically cut water use since 2015. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Feb 2020 1PM English South Africa Investing · Business News

Other recent episodes

Rory Steyn on who really runs South African sport

In two years, Comrades runners threw out a board accused of vote-buying and steering tenders to friends, and cut ties with the provincial and national athletics bodies to run their own race. Swimming South Africa had to wait for an integrity panel in Switzerland to act. Rory Steyn, Nelson Mandela's…
29 Sep 11AM 39 min

Criminals - NOT cops - patrol SA’s streets of fear… | Lisa Schickerling

In this interview Chris Steyn and Lisa Schickerling, the Democratic Alliance (DA) spokesperson on Police, talk about a country in the grip of fear in the wake of mass killings, multiple murders, crime increasing in areas where the SANDF have been deployed, and suspended Deputy National Commissioner of Police General…
28 Sep 9AM 21 min