Morning news wrap – 25 June 2015
The North Gauteng High Court in Pretoria has ruled against Aurora Empowerment Systems today.
Judge Eberhard Bertlesman has ruled that the liquidators can claim an amount which adds up to around R1.5 billion.
President Jacob Zuma’s nephew Khulubuse Zuma and former President Nelson Mandela’s grandson Zondwa Mandela have been accused of stripping the assets of the liquidated Pamodzi Gold’s mines.
Scores of workers lost their jobs during the process.
Here’s part of this morning’s ruling.
South Africans will not be able to refuse the final decision of Nersa on Eskom’s application for increased electricity prices.
This is word from Solidarity unions who are urging the energy regulator to protect the public from what it calls “further exploitation by Eskom”.
Yesterday Nersa wrapped up its two day public hearings into a 9.58 percent tariff increase.
Kaya FM Nomsa Zwane is reporting that the energy regulator will make its final decision on on the 29th of this month…
President Jacob Zuma’s office insists his comments about Marikana did not mean he condoned the shooting of 34 mineworkers in 2012.
On Tuesday while meeting TUT students in Soshanguve President Zuma defended the actions of the police in Marikana, saying they were preventing the strikers from killing more people.
Kaya FM’s Nhlanhla Sehume has more.
Unions in the gold sector have finished tabling their demands after three days of presentations.
When negotiations reconvene on Monday, gold producers will table an offer in respect to wages and benefits
The negotiations come as Anglo American Platinum prepares to retrench over 400 employees.
the Platinum sector was hit by a six month strike last year which crippled the world’s third largest platinum producers.
It is now up to the National Council of provinces to give the green light to a bill that will see Eskom receive its much needed bail out.
Yesterday the ANC used its majority in parliament to approve the legislation for the Eskom Special Appropriations bill.
The power utility is a step closer to receiving R23 billion in tax payers money.
The Amendment Bill will also allow for the conversion R60 billion in existing subordinated loan to the company into equity.
Parliament’s standing committee on appropriations chairperson Paul Mashatile.
The UN envoy for Yemen Ismail Ahmed has praised the recent talks to end conflict in the country
Ahmed says the Geneva consultations were a great achievement in light of the situation in the country.
Yemen has experienced turmoil following the seizure of the capital, in September 2014.
An escalation in fighting has killed thousands since mid-March.
Ahmed spoke to journalists following a closed-door meeting with the UN Security Council