Category: South Africa Business News

eskoms gain is sas pain as investors balk at debt 240x180 - Eskom’s gain is SA’s pain as investors balk at debt

Eskom’s gain is SA’s pain as investors balk at debt

South African President Cyril Ramaphosa’s latest pledge to support Eskom is good news for the cash-strapped electricity company — but some investors are balking at the prospect of increased sovereign-bond issuance to pay for the bailout. Ramaphosa told lawmakers last week South Africa would bring forward part of the R230 billion earmarked for Eskom over the […]

The post Eskom’s gain is SA’s pain as investors balk at debt appeared first on Cape Business News.

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SA’s biggest catamaran launches in Cape Town

Two Oceans Marine Manufacturing launched South Africa’s biggest ever composite and leisure catamaran, the Two Oceans 110 Day Charter Catamaran.  Named Le Cerf, she is owned by Mason’s Travel. Established in 1972, Masons Travel is a leading destination management company in the Seychelles.  The Two Oceans 110 Day Charter Catamaran is designed for commercial day charters and for large […]

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