One of the reasons Eskom is applying for an electricity hike is because the average annual salary of one of its employees is expected to be R820 000 in 2017 and 2018. Add a comment
State Enterprises
Hunt for new SAA chief begins
- 21 January 2013
- SME News Desk
THE hunt for a new South African Airways (SAA) CEO kicks off on Sunday - two months after chairman Vuyisile Kona was roped in to help stabilise the ailing airline's management. Add a comment
Spotlight on electricity mark-ups
- 21 January 2013
- SME News Desk
THE National Energy Regulator (Nersa) should closely scrutinise the gross profit margins, in some cases exceeding 200%, earned by municipalities from selling electricity, lobby groups said. Add a comment
Eskom faces price hike protests
- 14 January 2013
- SME News Desk
Durban - The National Union of Metalworkers of SA (Numsa) will protest against Eskom's proposed 16% electricity increase, it said on Sunday. Add a comment
SAA secures R550m bailout
- 06 January 2013
- SME News Desk
Johannesburg - South African Airways received an emergency loan to cover fuel costs, preventing the grounding of its local and international flights, according to a report on Sunday. Add a comment
