Liezel Hill
Fin24
City of Johannesburg Metropolitan Municipality, GP, South Africa
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Past articles by Liezel:
Week-long load shedding will cost SA 0.1% in growth
Estimates of the blackouts’ toll range from R1bn to R5bn. → Read More
Ramaphosa win, Eskom reform may boost banks
President Cyril Ramaphosa’s re-election will strengthen investor confidence in South Africa, according to Bloomberg Intelligence analysts Philip Richards and Edmond Christou. → Read More
Braai for breakfast and two-hour commutes: South Africa in the dark
Some Bloomberg correspondents based in South Africa have come up with creative ways of beating the electricity blues since Eskom introduced stage four load shedding. → Read More
Tongaat hits 25-year low as sugar maker may restate finances
Tongaat dropped to the lowest since January 1994 in the second day of declines since the South African sugar producer warned that “certain practices” have been discovered that may lead to a restatement of earlier financial information. → Read More
ANC Says S. Africa Should Consider Freezing or Cutting Fuel Levy
South Africa should “seriously consider” freezing or decreasing its fuel levy to reduce the impact on consumers of record-high gasoline prices that took effect from Wednesday, the ruling African National Congress said. → Read More
We gave KPMG, Nkonki Inc enough time to explain, says AG Kimi Makwetu
Auditor-General Kimi Makwetu says that KPMG’s South African unit and Nkonki Inc both were given “ample time” to explain concerns that were raised by his office before it terminated auditing contracts with the firms. → Read More
Tiger Brands Confirms Deadly Bacteria Strain Found in Samples
Tiger Brands Ltd. said it’s confirmed that the bacteria strain responsible for the world’s worst listeriosis outbreak was found in its products. → Read More
AngloGold CEO Venkatakrishnan Resigns to Join Vedanta Resources
AngloGold Ashanti Ltd. said it’s started looking for a new chief executive officer after Srinivasan Venkatakrishnan resigned to become CEO of Vedanta Resources Plc. → Read More
Ramaphosa refers Eskom allegations to Special Investigating Unit
President Cyril Ramaphosa has referred allegations of mismanagement and graft at state power utility Eskom and rail and ports group Transnet to the Special Investigating Unit. → Read More
Ramaphosa Refers Eskom Allegations to Special Investigating Unit
South African President Cyril Ramaphosa referred allegations of mismanagement and graft at state power utility Eskom Holdings SOC Ltd. and rail and ports group Transnet SOC Ltd. to the Special Investigating Unit. → Read More
Mining Indaba execs urged to 'flush only when needed'
Cape Town's water crisis is on the agenda of execs at Africa’s biggest annual mining conference, who are being urged to flush only when needed and use hand sanitiser instead of tap water. → Read More
`Only Flush When You Need to' Is the Advice to Cape Town Execs
Executives flying into Cape Town for Africa’s biggest annual mining conference are immediately confronted by the city’s looming water crisis. → Read More
Leaders at South Africa's Eskom Promise Clean Sweep Lenders Seek
The new leaders of Eskom Holdings SOC Ltd. vowed to resolve governance problems as they outlined “significant” financial difficulties at the at South Africa’s state-owned power utility. → Read More
Implats could cut 2 500 jobs to end losses at Rustenburg mine
Impala Platinum could retrench at least 2 500 workers at its Rustenburg mining complex to stem losses and adjust to lower prices. → Read More
Zwane pulls plan to freeze mining rights
The Department of Minerals has withdrawn plans to impose a moratorium on granting and renewing mining rights and will explore other measures to ensure companies are compliant with the industry charter. → Read More
South Africa’s 2016 Corn Crop Drops 22% to Smallest in 9 Years
The 2016 total corn harvest in South Africa, the world’s biggest producer of the white variety after Mexico, fell 22 percent, the smallest crop since 2007, as an El Nino-induced drought damaged crops for a second year. → Read More
Bidvest can tap over R13bn for acquisitions outside SA
Bidvest Group is seeking deals outside South Africa and could borrow as much as $1bn for acquisitions after it spun off its food-services unit last year, its CEO said. → Read More
Bidvest Can Tap $1 Billion for Acquisitions Outside South Africa
Bidvest Group Ltd. is seeking deals outside its South African home market and could borrow as much as $1 billion for acquisitions after it spun off its food-services unit last year, its chief executive officer said. → Read More
Steinhoff, Shoprite Tumble as Deal Leaves Investors in the Dark
Steinhoff International Holdings NV and Shoprite Holdings Ltd. said they’re in talks to combine their African retail businesses in a deal that left some investors complaining about its complexity and a shortage of details. → Read More
Ethiopia Turmoil Threatens Unlikeliest Airline Success Story
Ethiopia, indelibly linked with images of grinding poverty and famine, has quietly built one of Africa’s rare corporate success stories with the continent’s only consistently profitable airline shuttling passengers from around the world through its hub in Addis Ababa. → Read More