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Eskom is considering leasing five historic steam locomotives as it lacks the financial resources to maintain these historic locomotives on its own. (Eskom/Source) Eskom is considering leasing five historic steam locomotives it cannot afford to pay for their maintenance.The successful bidder will have to pay Eskom leasing fees for the locomotives and will also have to cover maintenance costs themselves.Some of the trains are over 100 years old.For more financial news, News24 Business homepage.Eskom has announced its intention to lease five historic steam locomotives, some of which are over 100 years old, citing a lack of funding to maintain the…

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Reading Time: 2 MinutesThe African National Congress' (ANC) almost three-month election campaign will culminate today with the Siyanqhoba rally at FNB Stadium in Johannesburg's Soweto suburb. The ANC concluded its election campaign today after days of door-to-door canvassing, addressing rallies and engaging with a range of stakeholders including churches, businesspeople, artists and traditional leaders. ANC leader Cyril Ramaphosa said he was confident the party had a solid election manifesto to take it forward. He was speaking at the ANC's Siyanqhoba endorsement dinner in Sandton, Johannesburg. “Our manifesto is a manifesto that will move South Africa forward. I have been convinced…

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Hello weekendMay 25, 2024.The latest issue of News24's weekly digital weekend magazine is packed with interviews, reviews, excerpts and in-depth articles – be sure to read it!Soul-exploring: Zoe Modiga blends ancestry and artistry on soul-stirring new album, NomthandazoJoel Ontong”We're all trying to navigate this weird and wonderful world we live in. I think it's important to nurture your inner self and I believe this album is about that,” says singer Zoe Modiga, who has just released her third album. Nomu TandazoApril 26, 2024.The title of the project means “Mother of Prayer.””This is an album inspired by my biological grandparents. My…

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KwaZulu-Natal police are working with multiple security forces to tackle threats of violence ahead of election day. (Alfonso Nkunjuna/News24) KwaZulu-Natal police are working with the South African National Defence Force, Criminal Intelligence and private security companies to avoid possible violence on election day and after the vote on May 29. On Friday security firm Fidelity issued a warning of possible protests in KwaZulu-Natal, followed by a similar notice from banking group FirstRand on Thursday, which authorities said they were taking seriously. Earlier this week the Constitutional Court ruled that former President Jacob Zuma, who has been accused of corruption, is…

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Key moments from the three-day questioning of Paula Vennells in the Post Office investigationFormer Postal Service chief executive Paula Vennells has broken her almost decade-long silence about the Horizon IT scandal. She was questioned over three days by both counsel for the hearing and lawyers representing the subpostmaster general about how things unfolded during her time as head of the organisation.It was the most anticipated court appearance in the long-running investigation into what is said to be the biggest wrongful conviction in British history.Below, we outline five key moments.1. Tears, Tears and Apologies”I'm really sorry,” former postmaster general Paula Vennells…

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43 minutes agoLee Bottomley,BBC News, West MidlandsPA MediaCoventry Building Society has bought Co-op Bank for £780 million.Coventry Building Society has struck a £780 million deal to buy Co-operative Bank but will not give members voting rights.The acquisition is subject to regulatory approval and is expected to close in early 2025.Combined, these financial institutions have millions of customers and assets worth around £89 billion.Both organizations will continue to operate under their current names and brands until the integration is complete, which is expected to take several years.The deal means the Co-op bank will return to a mutual organisational structure and be…

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Areas along the east coast will see sunny, warm weather with some light rain. (Ekaterina Goncharova/Getty Images) The South African Weather Service is forecasting warm to cool weather along the east coast with the possibility of light rain.Weather in your areaSunny and cool temperatures expected GautengHowever, it gets warmer in the far north.The expected UVB sunburn index is very high.Mpumalanga It will be partly cloudy and cooler with scattered morning fog across the Highveld but this will clear by late afternoon. The lowveld will be warm.Morning fog is expected in the south-central parts of the country. LimpopoElsewhere, partly cloudy and…

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Reading Time: 3 MinutesNational and state elections will be held next week in what are likely to be the most competitive elections since 1994, with independents also taking part. Some opinion polls suggest the African National Congress (ANC)'s approval rating has fallen below 51 percent and could lose its majority. But what happens if no party wins a majority? The constitution stipulates that Parliament must convene within 14 days of the announcement of the election results. Ideally, each party would meet with its coalition partners before the meeting to decide on a position if the May 29 vote does not…

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The Conservative promise made before the election to abolish no-fault evictions will now be unfulfilled. The Tenancies (Reform) Bill, which would ban landlords from evicting tenants without cause, will not become law until Parliament adjourns on Friday.Rishi Sunak's flagship bill would finally ban smoking Shelved. The bill was rushed through because Friday is the last day for lawmakers to attend parliament before the general election.The final bill debated in the House of Lords on Friday was another Government bill on tenancy reform.Labour sources indicated they would like to see the bill strengthened but would support it as it stands. Despite…

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Grootman calls Gusinir's lawyer a “sly queen.” Themba Selahele, popularly known as Grootman, has mocked Gutinile Twala’s lawyer Masali Manyisa. Gushnir filed a lawsuit against her child's father after the sex tape was leaked and spread online earlier this week. The baby mama believes her ex-husband released the video for revenge porn purposes, but he denies the allegations and claims that Twala released it herself. Gushnir's lawyers took to social media as she went live on social media to speak about the issue. #Gusinir Gil~~~! This is why you pay people. Now she is shaming you for free because you…

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