BLF rejects Tito’s budget in toto

Minister of Finance, Tito Mboweni, delivers his budget speech in parliament yesterday. Image: GCIS The budget speech delivered by the Minister of Finance, Tito Mboweni, I s nothing short of a direct attack on the poor and a brake on national reconstruction. Mboweni gave nuts and bolts to the pro Stellenbosch State of the Nation Address …

ANC lekgotla endorses Enoch Godongwana‘s privatization plan for SOEs

Photo credit: AIDC By BO Staff Writer The recent ANC lekgotla adopted a pro market approach to the country’s energy crisis. This includes relaxing regulations relating to self-generation, authorizing municipalities to buy their own energy and extending the independent power producer (IPP) program. The lekgotla decision on independent procurement by municipalities follows the City of …

State broadcaster, SABC, to reverse gains made by Hlaudi Motsoeneng?

By BO Staff Writer Yesterday parliament heard that the South African Broadcasting Corporation (SABC) interim board would be scraping some of the developments made by former Chief Operations Officer (COO) Hlaudi Motsoeneng, including the 90% local content policy. While addressing the Standing Committee on Public Accounts (Scopa), SABC interim board deputy chair Mathata Tsedu said …

Brian Molefe an exciting addition to parliament

By BO Staff Writer It’s official, former Eskom CEO, Brian Molefe, has been sworn in as an African National Congress Member of Parliament (ANC MP). Molefe, who is credited as having turned around the power utility and stopped the scurge of loadshedding, is rumoured to be heading to the Treasury department. Molefe resigned late last …

ANC Women’s League wants SAA investigated

By BO Staff Writer State airline, South African Airways (SAA), should be investigated for corruption and lack of transformation via a Judicial Commission of Inquiry or Parliamentary Inquiry, the African National Congress Women’s League (ANCWL) said on Thursday. In a statement, the women’s league said it noted reports which show that white businesses and individuals …

Brian Molefe’s FULL resignation letter

By BO Staff Writer The CEO of Eskom, Brian Molefe, who drove the State Owned Enterprise (SEO) out of it’s loadshedding crisis, has resigned. Read his full resignation letter below: In an open letter to Brian Molefe, Adil Nchabeleng said “(w)e applaud your effort and the leadership of your team for having turned around Eskom …