Off the wire
• Kenya's Ronoh eyes to win Berlin marathon on Sunday  • Roundup: Vietnamese debate over teaching new compulsory foreign language  • Turkey lifts headscarf ban in basketball match  • Beijing exhibition means plenty of "space" for everyone  • 2 derbies and one absentee in Spain's matchday 6  • China Exclusive: Authorities investigate controversial Great Wall restoration  • Injury rules out former champ Kimetto from Chicago marathon  • Brazil announces controversial education reform  • 2 killed in bar quarrel shot in southern Thailand  • More Sri Lankan refuges to return from India  
You are here: 　 Home

Top news items in major S. African media outlets

Xinhua, September 23, 2016 Adjust font size:

The following are news highlights in South Africa's major media outlets on Friday.

-- Electricity utility ESKOM can pay for the nuclear build program because it will have accumulated a R150bln (1.1bln USD) cash pile in the next 10 years, according to its head of generation, Matshela Koko.

The source and scale of funding for the nuclear energy program has been a point of contention both in the government and with the public since it was put on the table by President Jacob Zuma two years ago.(Business Day)

-- Business Leadership South Africa (BLSA) wants the government to deal with concerns about threats to the Treasury and the financial sector.

BLSA is an independent association whose members represent South Africa's big business leadership and major multinational investors. (Fin24)

-- Consumers with heavy debt can breathe a sigh of relief as the Reserve Bank has left interest rates on hold, for now at least.

The repo rate stands unchanged at 7.0 percent, with the prime rate steady at 10.5 percent. (South African Broadcasting Corporation) Enditem