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The ANC should disband its investment arm Chancellor House because it will make a killing out of the poor, says the Pan Africanist Youth Congress.

Public Enterprises Minister Barbara Hogan says the state will step in should Eskoms next project Kusile show signs of struggle owing to a lack of funds.

CEOs of parastatals must be held accountable by their boards, Public Enterprises Minister Barbara Hogan has told parliament in defence of her budget.

Poverty could not be reduced without the availability of electricity, the World Bank says, following criticism from some quarters for granting a loan to Eskom.

Jimmy Manyi, director-general of the labour department, has been publicly castigated for inflating his departments budgetary requirements.

The current seasons crop may be the biggest in 28 years, with prices down 30%.

Finance Minister Pravin Gordhan says it is imperative to understand what ANC investment arm Chancellor House is about, but concedes he doesnt know.

The government has been looking to banks to provide expertise to help the department of home affairs to run front office operations.

The SA Reserve Bank will continue to support the measured steps proposed by the National Treasury to mitigate the high volatility in the exchange rate.

Eskoms acting charperson says the World Banks approval of a loan to the power utility is a vote of confidence in South Africa and Eskom.

A banking report rejects suggestions made by former Reserve Bank governor Tito Mboweni about lending rates.

The World Bank has approved a loan to Eskom owing to "unique circumstances" which include SAs 2007 and 2008 power crises, as well as the global financial crisis.

Absa Capital believes the South African economy will grow 3.3% in 2010, but says most surprising is the nature of the economic growth.

Gwede Mantashes protestations that the ANC would not turn a profit from Eskoms new power plants marked a new moral low for the ruling party, says the ID.

The index of total mining production was 5.8% higher in February 2010, the second consecutive positive annual growth since December 2009.

Manufacturing production has increased by 2.7% year-on-year in February compared to a revised 3.5% growth in January, Statistics SA says.

Business Confidence in March showed its first year-on-year increase since September 2007, but the Business Confidence Index has remained range-bound since September 2009.

Its bad news for consumers as the Banking Association and the SA Reserve Bank say the spread between the repo and prime interest rates need not be changed.

Communications Minister Siphiwe Nyanda has dissolved a council which was to advise him on SAs transition from analogue to digital television broadcasting.

Finance Minister Pravin Gordhan announced that the revenue service has collected R598.5bn in tax for the financial year.