World

SA power outlook not pleasing news

SOUTH Africa faces another 18 months of regular power cuts and won’t be able to end them until sufficient generating capacity is added to the electricity grid to meet demand, Eskom chief operating officer Jan Oberholzer said. “We need another year or year-and-a-half to get out of this,” Oberholzer said at the Agri SA conference…

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World

Recession risk rises as economy unexpectedly shrinks

The UK economy unexpectedly shrank in August, strengthening predictions that it will fall into a recession. The surprise 0.3% drop came as factories and consumer-facing businesses struggled, according to official figures. Analysts thought the economy would stall in August but not shrink as costs mount for businesses and households. Prices are rising at their fastest…

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Theft case laid against Ramaphosa

A CHARGE of theft has been laid against President Cyril Ramaphosa reportedly by a businessman who claims his energy plan presented to the head of state was stolen and used without his involvement. The case of theft, which police spokesperson Athlenda Mathe confirmed, was opened at the Booysens police station in Johannesburg last month. Mathe…

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