5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • Parliament says that there will be no more blank cheques for Eskom, as it lays out 28 conditions tied to the bailout money promised to the struggling power utility. If Eskom wants the money needed to keep in business, it will have to do things like collect the debt owed to it, and provide detailed reports on the Medupi and Kusile power projects that have spiralled out of control. [ENCA]
  • President Cyril Ramaphosa has announced that he will set up two more advisory councils – one focused on investment, and the other on state-owned companies. These two councils will operate alongside the economic advisory council which he hopes will provide practical solutions to the problems facing South Africa. Some solutions were already taking shape through the e-visa and youth employment programmes, he said. [TimesLive]

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5 important things happening in South Africa today