DA says it uncovered Eskom’s abandoned 840-million-rand Wilge residential project in Mpumalanga

DA says it uncovered Eskom’s abandoned 840-million-rand Wilge residential project in Mpumalanga

DA says it uncovered Eskom's abandoned 840-million-rand Wilge residential project in Mpumalanga, revealing extensive waste of taxpayer money. DA spokesperson Kevin Mileham condemned Eskom for seeking a 40-percent tariff hike while neglecting this crumbling development. He says with additional losses totaling 24-billion-rand last year, the DA demands accountability and transparency from Eskom regarding its financial mismanagement and wasteful spending:

November 5, 2024 19

Africa

Kenya could run out of money to repay massive debts: how to avoid this

By Odongo Kodongo, University of the Witwatersrand Data from Kenya’s central bank show that public debt (total money owed) declined between December 2023 and June 2024. The drop in external debt – by 15.4 % – over this period does not mean that the country’s overall finances have improved. Rather, it is due to the gains in the value of the Kenyan shilling, thanks to pervasive state […]

September 17, 2024 16