AYABONGA CAWE: Taxpayers will foot the bill if Thames Water is renationalised
Utilities are capital-hungry behemoths, whose return cycles are atypical of profit-maximising firms. More than half of the sewer works of British utility Thames Water receive more waste than they can reasonably handle. Population growth and a decades-long crisis of underinvestment risks the continued existence of this operation tracing its roots to the early 1600s. As […]
AYABONGA CAWE: Goodyear SA skids as trade wheel turns
More than 900 jobs are on the line because of a change in the American firm’s ‘go-to-market’ strategy. BL Premium Goodyear SA MD Paul Gerrard was accompanied by bodyguards to a staff meeting in the Despatch town hall last week, as fury mounted in the Mandela Bay area over looming layoffs at the nearly 80-year-old […]