For Creamer Media in Johannesburg, I’m Mc’Kyla Nortje.
Making headlines: Fundamentals of Eskom debt-reduction plan accepted by govt and business, Thandi Modise considering ATM's motion of no confidence in Cyril Ramaphosa and, KZN Health MEC lashes out at 'false and irresponsible' reporting on coronavirus
Fundamentals of Eskom debt-reduction plan accepted by govt and business
The Congress of South African Trade Unions says government, unions and business have "in essence" accepted a proposal first put forward by the trade union federation to use funds from the Public Investment Corporation and other State institutions to cut Eskom's huge debt burden.
The PIC is South Africa's State-owned asset manager, and invests on behalf of the large Government Employee Pension Fund and four smaller State-run funds, including the Unemployment Insurance Fund.
Cosatu said details of how the intervention would work are still being thrashed out.
In its proposal used as the basis for discussions, the federation suggested a debt package to reduce Eskom’s debt of R450-billion by about R250-billion through the creation of a special purpose finance vehicle.
Thandi Modise considering ATM's motion of no confidence in Cyril Ramaphosa
National Assembly Speaker Thandi Modise said she is considering the African Transformation Movement's motion of no confidence in President Cyril Ramaphosa.
Yesterday, the ATM, which has two MPs, announced it intended to bring a motion of no confidence in Ramaphosa.
ATM president and MP Vuyolwethu Zungula said South Africa had allowed President Ramaphosa a free hand to do things the ‘New Dawn way’ but the country keeps sliding.
KZN Health MEC lashes out at 'false and irresponsible' reporting on coronavirus
KwaZulu-Natal Health MEC Nomagugu Simelane-Zulu has lashed out at certain media houses for their "false, irresponsible, and sensationalist" reporting on two suspected cases of the coronavirus in that province, saying it created an "untruthful and misleading impression" about coronavirus.
Responding to a media enquiry earlier on Thursday afternoon, her department issued a clear and unambiguous response that it was aware of two cases that exhibited symptoms that were not dissimilar to those of coronavirus, but pointed out that these were subsequently found to be false alarms after laboratory tests were conducted.
That’s a roundup of news making headlines today
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