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Daily Podcast – October 07, 2020

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Daily Podcast – October 07, 2020

ANC Secretary General Ace Magashule

7th October 2020

By: Sane Dhlamini
Creamer Media Researcher and Writer

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For Creamer Media in Johannesburg, I’m Sane Dhlamini.

Making headlines: Hawks not aware of imminent arrest of Ace Magashule, Cosatu leads SA labour in strike against corruption, job losses and, Nersa granted leave to appeal R69bn Eskom equity judgment  

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Hawks not aware of imminent arrest of Ace Magashule

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Elite police unit Hawks said it was not aware of any arrest warrant for ANC Secretary General Ace Magashule, following media reports his arrest was imminent.

Hawks spokesperson Hangwani Mulaudzi said the Hawks would like to categorically distance itself from the IOL media report regarding the so called impending arrest against Ace Magashule.

The Hawks "view the report as a malicious intent to undermine the integrity of the organization".

 

Cosatu leads SA labour in strike against corruption

The Congress of South African Trade Unions said on Wednesday its leaders would lead marches around the country as part of a strike against corruption which workers say has led to job losses.

The strike, in which Cosatu is being joined by the country’s three other labour federations, coincides with the 13th annual Global Day for Decent Work and also seeks to highlight the plight of workers as a result of the Covid-19 pandemic.

In a series of posts on its Twitter account on Wednesday, Cosatu urged workers to stay away from their jobs and said some its members would gather in the capital Pretoria and march to the offices of the National Treasury. Similar marches would be held all around the country.

 

Nersa granted leave to appeal R69bn Eskom equity judgment  

The National Energy Regulator of South Africa has been granted leave to appeal the July 28 High Court decision relating to the recovery of R69-billion of government equity, which the court judged had been illegally deducted by Nersa from Eskom’s allowable revenue for the period 2019/20 to 2021/22.

The injection comprised three R23-billion-a-year tranches and, in her judgment, Judge Fayeeza Kathree-Setiloane said that the first R23-billion should be immediately added back during the 2021/22 financial year.

Nersa was also ordered to add the other two R23-billion equity injections to Eskom’s allowable revenue during the 2022/23 and 2023/24 financial years, which would form part of the regulator’s adjudication of the next multiyear tariff determination cycle.

 

That’s a roundup of news making headlines today

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