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Eskom allocates R4.5bn to struggling Medupi and Kusile power stations | IOL NewsEskom board chairperson JabuMabuza said that the power utility has set aside R4.5 billion to address the power generation challenges at the Medupi and Kusile power stations.
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Red-letter day for Rooibos as R4.5m is invested on health researchThe Rooibos industry is ploughing R4.5m into researching the plant's healing properties, hoping it will unleash a tide of red gold.
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Rooibos research gets R4.5 million injectionA research director wants to provide sufficient proof of rooibos’ efficacy in helping to prevent and manage certain diseases.
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Steinhoff's Unitrans is said to be worth up to R4 billionSteinhoff's Unitrans Motor Group, which the embattled retailer is in talks to sell, may be valued at as much as $280m (R4bn at current exchange rates), according to people familiar with the matter.
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City of Cape Town to spend R4.4bn on water, waste | Weekend ArgusThe City of Cape Town intends spending over half of its capital budget on water and waste efforts and boosting transport services with more money.
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Eskom throws Medupi, Kusile a R4.5bn lifeline… for nowIt would cost about R18 billion each to complete the power stations, Eskom chair Jabu Mabuza said, which would take at least 60 months.
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Santam CEO sees total remuneration halve in 2018 financial yearLize Lambrecht’s total remuneration of R16.6m for the year included a guaranteed package of R5.5m, a bonus of R6.9m and long-term incentives of R4.2m
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Santam CEO sees total remuneration halve in 2018 financial yearLize Lambrecht’s total remuneration of R16.6m for the year included a guaranteed package of R5.5m, a bonus of R6.9m and long-term incentives of R4.2m
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SCORPIO: The Great VBS Heist: How the Shivambu brothers benefited even moreA company inextricably linked to the Brothers Shivambu benefited from a questionable R4-million VBS Mutual Bank business loan. Before the bank was put under curatorship, VBS managed to advance about R2.1-million towards the intended business – a wine bar and restaurant in Vilakazi Street, Soweto, provisionally named ‘Grand Azania’.
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