Home Affairs Minister Malusi Gigaba will appear before the Eskom Inquiry on Tuesday, while lawyers for the Gupta brothers say their clients are not in SA and so cannot take the stand. Gigaba is expected to give evidence on matters relating to his tenure as minister of public enterprises between 2009 and 2014.
PIC WIll Back VBS Bank
The Public Investment Corporation (PIC), which holds a majority stake in VBS Mutual Bank (VBS), yesterday pledged to work with the bank’s curators after the SA Reserve Bank placed it under curatorship on Sunday. “The PIC will work closely with the appointed curator, SizweNtsalubaGobodo, and all other stakeholders, to assist the bank navigate this difficult situation, and hopefully emerge much stronger,” PIC said.
Unions Interdict IPP Deal Signing
The National Union of Metalworkers of SA (Numsa) together with Transform RSA obtained the interdict at the High Court in Johannesburg on Monday night to prevent Eskom from concluding the outstanding renewable energy independent power producer (IPP) products‚ including the power purchase agreements. Numsa said it joined the application with Transform RSA in order to protect the livelihoods of thousands of workers and their families.
Spotify Launched In SA
As reported last week, Spotify has launched in South Africa. With over 159 million active users, including over 71 million Spotify Premium subscribers, Spotify offers a choice between an ongoing free ad-supported music service and a fully-featured, ad-free subscription option.
ConCourt To Pronounce On Party Funding
On Tuesday, My Vote Counts is due to appear before the Constitutional Court for the confirmation hearing of the High Court in Cape Town judgment on the constitutionality of the Promotion of Access to Information Act (Paia) as it pertains to access to information about the private funding of political parties and independent candidates in our electoral system.
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