Minerals Council welcomes focus on structural reforms in MTBPS

The country requires a continued focus on stabilising the nation’s public finances and, most importantly, the critical need to implement more aggressive structural and institutional reforms that can drive up investment and inclusive growth in the economy, the Minerals Council South Africa says. It adds that, in its view, Finance Minister Enoch Godongwana has delivered on these critical issues in his maiden Medium-Term Budget Policy Statement (MTBPS).
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AMEU responds to allegations that some municipalities ignored load-shedding instructions

In this editorial, the Association of Municipal Electricity Utilities (AMEU) responds to allegations by power utility Eskom that some municipalities had ignored instructions to implement load-shedding last weekend and that that had contributed to the utility having to implement Stage 4 load-shedding this week.
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No immediate Eskom debt solution, as Minister outlines ‘tough love’ stance on SOEs

Finance Minister Enoch Godongwana offered no new insight in his maiden address to lawmakers into how government intended approaching the issue of Eskom’s R400-billion debt burden, which has been labelled unsustainable by the utility, and also refrained from making any new provisions for distressed State-owned enterprises (SOEs). Instead, he said that he would be adopting a “tough love” stance towards SOEs, albeit with the caveat that government would most likely support those entities regarded as “strategic”, such as Eskom, Transnet and Denel.
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