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Economy rebounds but hold the champagne for now

South Africa’s economy rebounded in the second quarter with Statistics South Africa (StatsSA) recording an increase of 3.1% in gross domestic product (GDP).Experts...

IMF bailout not wise – or needed

COMMENTThere is no debating that South Africa’s fiscal finances are in a dire state.The expansion in government spending that immediately followed the 2007-2008...

Cyril must show who is boss – quickly

There is an interesting little video on YouTube in which former long-time Singaporean leader Lee Kuan Yew boasts about his defiant confrontation with...

Scopa’s new chairperson promises to kick butt on public spending

Parliament’s standing committee on public accounts has a new chairperson in the Inkatha Freedom Party’s (IFP’s) Mkhuleko Hlengwa and he warns that Scopa...

Bond auction underwhelms

Initial results from the first government bond auction after the treasury announced it would be increasing debt issuance to fund the Eskom bailout,...

The ‘drug’ that’s killing Eskom

Before Eskom started building new capacity, the “drug” I’m referring to was a mild sedative, so no one was worried. And, full disclosure,...

Is South Africa spiralling into the ambit of the IMF?

COMMENTAnother week has come and gone and those waiting for an Eskom plan are … still waiting.Executive chair and chief executive for the...

EDITORIAL: The margin for error is gone

“There is no margin for error,” said Eskom’s board executive chairperson Jabu Mabuza, after it reported a staggering set of losses this week....

Eskom gets a chief restructuring office amid devastating finance results

Following a blisteringly painful set of results — revealing Eskom’s losses had reached almost R21-billion — Public Enterprises Minister Pravin Gordhan announced the...

Gordhan appoints Eskom chair, Jabu Mabuza, acting chief executive

Eskom board boss Jabu Mabuza has been named the power utility’s acting chief executive officer and executive chairman for the next three months.Public...

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Six Nigerians Arrested For Illegally Entering India Through Night Bus

The police in Meghalaya, India, has arrested six Nigerians in East Jaiñtia Hills on Saturday, bringing the total number of foreign nationals arrested...

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House Minority Leadership Crisis: PDP yet to take decision

The Peoples Democratic Party (PDP) says it has not taken a position on the leadership crisis affecting its caucus in the House of...

Dutch businessman Tob Cohen to be buried next week : The Standard

 Tob Cohen's widow Sarah Wairimu Cohen with her lawyer Philip Murgor at the Chiromo Mortuary yesterday during the postmortem. The late Dutch tycoon Tob Cohen...

‘Bright’ learner fatally shot outside Katlehong school

A Grade 6 learner from a primary school in Katlehong, Ekurhuleni — who was shot in the crossfire between two rival taxi associations...

Governors give condition for loan repayment

Nigeria governors have demanded a reconciliation of accounts before repaying the N614 billion bailout fund the federal government granted states. The governors want the...

EFCC arrests 25 LAUTECH students for alleged internet fraud

Operatives of the Advance Fee Fraud Unit of the Economic and Financial Crimes Commission, EFCC Abuja, have arrested 25 students of the Ladoke...

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Yobe: Flood submerges 500 farmlands, destroys over 37 houses

Flood has submerged 500 farmlands, while also destroying over 37 houses, following a torrential rainfall in four communities under Tarmuwa local government area...

Reps warn Foreign Affairs minister, vow to report activities to Buhari

Members of the House of Representatives are angry with the Minister of Foreign Affairs, Geoffrey Onyema, over his refusal to address them on...

Reps swears in replacement for recently appointed minister

The House of Representatives has sworn in Chike Okafor as the replacement to Emeka Nwajuba who is now a Minister following appeal court...