SABC doors reopen for Motsoeneng

SABC employee Hlaudi Motsoeneng might soon be back at work after his disciplinary hearing was halted abruptly on Thursday.
 
Advocate William Mokhari terminated the proceedings, saying the judgment in the High Court in Cape Town delivered by Judge Dennis Davis last week superceded the hearing.
Judge Davis set aside Mr Motsoeneng’s permanent appointment as chief operating officer by the board last year, saying that the SABC’s recommendation to appoint Mr Motsoeneng was "irrational". Communications Minister Faith Muthambi has indicated she will appeal against the ruling.

NNPC Monthly Financial records N378bn loss in 8 months- Report

The Nigerian National Petroleum Corporation, NNPC, has announced a loss of N378.49 billion in its operations for the first eight months of the year.

 

One of NNPC’s subsidiaries, the Products and Pipeline Marketing Company Limited, PPMC, accounted for majority of the losses, as it spent over N300 billion on subsidy and in the repairs and management of its pipelines between January and August.