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Lephalale Online News is a local publication which also publishes national news

COSATU condemns Eskom tariff increases 

The Congress of South African Trade Unions [Cosatu] says it is distraught and angry at NERSA for the approval of 5, 23% tariff increases for Eskom 2018 financial year. Cosatu National Spokesperson Sizwe Pamla said the trade union welcomes the rejection of the requested 19, 9% increase by Eskom, saying they are concerned by this trend of using high electricity tariffs to …

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EFF and DA see on Free Education contrast

The affirmation by President Jacob Zuma that the government l will introduce totally financed free higher education and training for poor and working-class undergraduate students was met with blended responses from restriction parties. While the Economic Freedom Fighters (EFF) hailed the new plan as a vital generational triumph of the Fees Must Fall Movement, Democratic Alliance (DA) sees it as …

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Nersa grants Eskom 5.23% tariff increase

The National Energy Regulator of South Africa (Nersa) has granted power parastatal Eskom an average percentage price increase of 5.23% for the 2018/19 financial year. The regulator announced its decision on Friday, 15 December after Eskom had applied for a 19.9% average increase in electricity tariffs for 2018/19, which would have resulted in total allowable revenue of R219.5 billion. Instead, …

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The UIF board communicates worries in the wake of Steinhoff outrage

The Unemployment Insurance Fund (UIF) Advisory Board has communicated worry over reports of conceivable misrepresentation and corporate administration disappointment at Steinhoff. The Board with the advice of the Minister of Labor, Mildred Oliphant met with the Public Investment Corporation (PIC) on December 14, 2017, to talk about the Steinhoff fiasco. “As the overseer of workers’ supports, the Board is of …

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Free higher education for poor, working class students

President Jacob Zuma has announced that government will introduce fully subsidised free higher education and training for poor and working-class South African undergraduate students, starting in 2018 with students in their first year of study at public universities. This will be done in a phased-in approach over a period of five years. “This policy intervention will enable the government to …

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Matshela Koko disciplinary hearing a joke, DA to lay charges, mulling over

Democratic Alliance (DA) will on Monday lay criminal charges against reinstated Eskom Chief Executive Officer, Matshele Koko. This takes after affirmed steps were taken by the Power Utility, clearing Koko of wrongdoing and along these lines gave him his job back, in spite of being “vigorously” involved in lucrative multi-million rands contracts. DA Shadow Minister of Public Enterprise Natasha Mazzone …

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Eskom baffled with NERSA’s decision

Eskom notes and is baffled, following a decision by the National Energy Regulator of South Africa (NERSA) on the Power Utility’s allowed revenue of R190,348 billion for the 2018/19 financial year. This means a rate cost increment of 5.23%. Eskom said it a statement on Friday it made its application as per the Multi-Year Price Determination (MYPD)  which enables Eskom to …

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SASSA CEO misrepresents R20 million on obviously offbeat KZN campaigns

South African Social Security Agency (SASSA) has been denounced for deriding, supply chain management procedures, purportedly for R20 million to back social grants campaign in KwaZulu Natal. The “expediently” exchange was obviously bolstered while South African Post Office (SAPO) was in the last stage to consent to an arrangement with SASSA to distribute social grants. DA Shadow Deputy Minister of …

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Minister meets with stakeholders on Steinhoff

Finance Minister Malusi Gigaba will today meet with various stakeholders to discuss developments at retail holding company Steinhoff International. The Minister’s meeting will include the CEO Initiative Manufacturing Circle, Johannesburg Stock Exchange (JSE), Government Employees Pension Fund (GEPF), Public Investment Corporation (PIC), South African Revenue Service (SARS), Financial Service Board (FSB), and the Independent Regulatory Board for Auditors (IRBA). Friday’s …

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President Zuma must pay R6 million in legal expenses

The claims of State Capture in the report are to a great degree genuine. They add up to claims that  President Jacob Zuma and individuals from the Executive have practiced their forces, at any rate once in a while, not in people in general enthusiasm as they are required to do by the Constitution, but instead at the command of a private family and to encourage its monetary advantages.

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