Monday, 28 September 2026

Eskom chair Ndatim Tetonyati was reappointed for three years from November, after debt-to-EBITDA fell from 16 to about four and two profitable years.

Eskom management must remove R112 billion from its cost base over five years, with the board targeting single-digit tariff increases and eventual alignment with CPI.

Airports Company South Africa’s new CEO will drive Project Ignite, focusing on supply-chain delays, commercial and cargo revenue, and delivery of R22 billion in infrastructure projects.

A R30,000-a-month taxpayer’s combined direct, indirect and near-compulsory private costs were estimated at roughly 41% of gross salary, highlighting South Africa’s perceived double taxation.

Markets fell as Brent crude rose about 3% to $107.50 a barrel; resources dropped 5.67%, while Gold Fields lost roughly 12% after Northern Star rejected its bid.