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The commission of inquiry into the Public Investment Corporation has found there had been substantial impropriety at the state-owned asset manager and its board is said to have been divided and conflicted. The report which runs to nearly 1000 pages has been released by the presidency. It recommends that former acting CEO, Matshepo More, and […]
By: Lindelani Mbatha Eskom chairperson, Jabu Mabuza, says the power utility has made a net loss of R21 billion Rands after tax in the 2018/2019 financial year. Mabuza is briefing the Public Enterprises Committee on the company’s annual report in Parliament. On the 2017/2018 financial year Eskom made a net loss of R2.3 billion. Mabuza […]
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