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Eskom: The largest threat to the stability of the SA economy

Eskom: The largest threat to the stability of the SA economy

10/09/2019 - 09:45
On Tuesday 23 July, South African Finance Minister Tito Mboweni tabled a bill before the National Assembly which would see national state-owned power utility Eskom benefit from an allocation of R59 billion over the next three years.  read more
Mtuba Mall harnesses power of the sun

Mtuba Mall harnesses power of the sun

08/08/2019 - 11:32
With Eskom’s stability looking far from certain, businesses are searching for cheaper and more reliable alternatives to generate electricity.  read more
No more load-shedding - Eskom's plan

No more load-shedding - Eskom's plan

04/04/2019 - 11:33
Gordhan said Eskom’s goal is to ensure there will be no load-shedding from 3rd April 2019 – but admitted there is a lot of hard work ahead for the company.  read more
 Load shedding threatens jobs, economic recovery, says consumer body

Load shedding threatens jobs, economic recovery, says consumer body

22/03/2019 - 13:31
Load shedding, which has been escalated to Stage 4, is posing a significant risk to economic recovery, the Consumer Goods Council of South Africa said in a statement, as rotational blackouts continued to grip the country. read more
Business counts cost as Eskom battles power shortages

Business counts cost as Eskom battles power shortages

20/03/2019 - 09:14
State utility Eskom will make more power cuts this week as it struggles with capacity shortages that threaten to stymie President Cyril Ramaphosa’s efforts to boost investments and economic growth. read more
More pain for consumers as food prices, farmers to be affected by electricity hike

More pain for consumers as food prices, farmers to be affected by electricity hike

11/03/2019 - 08:55
Consumers are likely to be hit hard by rising food costs after Eskom was granted above-inflation price increases by the energy regulator for the next three years, according to FNB.  read more
Eskom's woes could impact economic growth, with small businesses the hardest hit

Eskom's woes could impact economic growth, with small businesses the hardest hit

18/02/2019 - 11:32
There are warnings that continued load shedding will hamper South Africa’s economic growth, projected to modestly improve in 2019.  read more
SA could have major advantage with renewable energy, say experts

SA could have major advantage with renewable energy, say experts

06/02/2019 - 09:01
South Africa has a competitive advantage in renewable energy and could become a major destination for electricity-intensive industries once the wind and solar sector is ramped up. read more
Eskom responds in detail to Gupta coal contract allegations

Eskom responds in detail to Gupta coal contract allegations

13/06/2016 - 13:06
Eskom: No load-shedding this year

Eskom: No load-shedding this year

13/05/2016 - 11:36
Cape Town - South Africa's power utility Eskom does not expect to implement electricity cuts for the rest of the 2016/2017 financial year which started in April, its chief executive said on Thursday. read more
Eskom board member steps down due to Gupta influence: report

Eskom board member steps down due to Gupta influence: report

15/04/2016 - 11:27
Businessperson Romeo Kumalo has resigned from the Eskom board, 14 months after he joined. read more
Small businesses, not shack-dwellers behind most WCape electricity theft - Eskom

Small businesses, not shack-dwellers behind most WCape electricity theft - Eskom

14/04/2016 - 10:31
Cape Town - Illegal electricity connections in townships are not behind much of the 6% revenue loss in the Western Cape, Eskom said on Wednesday (13 April). read more
Load shedding 'a thing of the past', says Brown

Load shedding 'a thing of the past', says Brown

07/04/2016 - 10:17
Cape Town - Public Enterprises Minister Lynne Brown said the success in the turnaround at Eskom should be attributed to stable leadership under CEO Brian Molefe, the execution of its maintenance plan, financial stability, and progress with the build programme.  read more
Red tape, minimum wage strangle economy - FMF

Red tape, minimum wage strangle economy - FMF

22/03/2016 - 08:57
Cape Town - The government should take a serious look at the red tape curtailing the financial services sector, which is the lifeblood of the economy, the Free Market Foundation urged. read more
‘SA’s blackouts curbed by slowdown, not Eskom’

‘SA’s blackouts curbed by slowdown, not Eskom’

15/03/2016 - 08:23
Johannesburg - After power cuts that crippled economic growth, South Africa has kept the lights on for more than six months and outages may not return in the next few years. read more
No winter power cuts, vows Eskom

No winter power cuts, vows Eskom

11/03/2016 - 09:38
Cape Town - There might finally be light at the end of the country’s dark load shedding tunnel, with a new promise from Eskom that there will be no power cuts this winter. read more
SA nuclear power plans going ahead this month

SA nuclear power plans going ahead this month

10/03/2016 - 11:53
South Africa aims to issue a request for proposals by the end of March to add 9 600 megawatts of nuclear power to the national grid, according to a report by Reuters. read more
We aren’t going anywhere: Guptas

We aren’t going anywhere: Guptas

07/03/2016 - 09:29
Oakbay Investments, the holding company for the Gupta family’s businesses in South Africa, on Friday (4 March) strongly denied all reports that the Gupta brothers are leaving South Africa and relocating to Dubai. read more
Load shedding could return because of low price hike: Eskom CEO

Load shedding could return because of low price hike: Eskom CEO

02/03/2016 - 09:48
The risk of load shedding could increase because of energy regulator Nersa’s decision to give Eskom only half of their required tariff increase on Tuesday (1 March). read more
You will pay 9.4% more for electricity

You will pay 9.4% more for electricity

02/03/2016 - 09:19
Johannesburg - The National Energy Regulator (Nersa) said on Tuesday (1 March) it has approved a 9.4 percent electricity tariff increase for power utility Eskom for the 2016/2017 financial year. read more
Report warns of similarities between South Africa and Zimbabwe

Report warns of similarities between South Africa and Zimbabwe

01/03/2016 - 09:20
Last year was a particularly bad year for SA millionaires, according to the latest South Africa 2016 Wealth Report by New World Wealth. read more
Will scare tactics push SA’s nuclear policy forward?

Will scare tactics push SA’s nuclear policy forward?

17/02/2016 - 10:02
Johannesburg – Expect load shedding 20 hours every day if South Africa doesn’t build 20GW of new power stations within a decade, a nuclear energy proponent warned on Tuesday (16 Feb). read more
SA economy: Gordhan holds talks with CEOs

SA economy: Gordhan holds talks with CEOs

02/02/2016 - 09:59
Johannesburg - South African Finance Minister Pravin Gordhan met with top business leaders on January 29 to discuss steps to boost investor sentiment and avert a credit rating downgrade to junk. read more
Eskom delays Medupi and Kusile plans yet again

Eskom delays Medupi and Kusile plans yet again

17/11/2015 - 09:21
Eskom has quietly extended the target dates for the Medupi and Kusile power stations to be operational, by a year. read more
Nene: We're bracing ourselves for the worst

Nene: We're bracing ourselves for the worst

16/11/2015 - 08:58
South Africa's drought could have a "serious impact" on food prices and ultimately knock growth, employment and revenues in the continent's most advanced economy, Finance Minister Nhlanhla Nene said on Saturday. read more
Eskom on track for a summer without load shedding

Eskom on track for a summer without load shedding

16/10/2015 - 08:20
Cape Town – A month into Eskom’s annual summer maintenance programme and there has been no sign of load shedding, but any major power plant breakdown will change that. read more
Supermarket fridges become more energy efficient thanks to Formula One aerodynamics

Supermarket fridges become more energy efficient thanks to Formula One aerodynamics

12/10/2015 - 14:58
Williams Advanced Engineering, the division of Williams that commercialises Formula One derived technology and knowhow, has collaborated with UK start-up Aerofoil Energy to develop a new aerodynamic device that can significantly reduce the energy consumed by refrigerators in supermarkets and convenience stores. read more
Come clean on Gupta coal, DA tells Brown

Come clean on Gupta coal, DA tells Brown

08/10/2015 - 10:44
Cape Town – Public Enterprises Minister Lynne Brown should table an uncensored contract agreement between Eskom and one of its coal suppliers owned by the Gupta family, the Democratic Alliance (DA) urged on Wednesday. read more
Russians blame PR for SA nuclear deal confusion

Russians blame PR for SA nuclear deal confusion

17/09/2015 - 08:44
Moscow - The public relations surrounding the announcement of South Africa's framework agreement with Rosatom in 2014 has been handled incorrectly, sources in Russia said this week. read more
SA recession could be likely - index

SA recession could be likely - index

10/09/2015 - 08:58
Cape Town - The BankservAfrica index released on Wednesday reveals that South Africa's economy could shrink in the third quarter, technically pulling the country into a recession, according to Mike Schussler. read more
Eskom fails performance targets, pays bonuses anyway: DA

Eskom fails performance targets, pays bonuses anyway: DA

08/09/2015 - 08:00
The Democratic Alliance says it will request a full explanation for the dramatic decline in income and massive increase in costs at power utility Eskom. read more
A summer without load shedding?

A summer without load shedding?

08/09/2015 - 07:44
Johannesburg - Eskom has just celebrated 30 days of no load shedding and, if there are no major breakdowns at any of the stations, this could continue through summer.  read more
Keeping SA’s lights on ‘like playing Tetris’

Keeping SA’s lights on ‘like playing Tetris’

07/09/2015 - 11:35
Pretoria - Juggling South Africa’s electricity supply and crucial power plant maintenance to avoid load shedding was “like playing Tetris”, according to Eskom interim chief executive Brian Molefe.  read more
South Africa is one of the riskiest places to invest in the world

South Africa is one of the riskiest places to invest in the world

18/08/2015 - 10:34
South Africa is one of the highest-risk countries in the world when it comes to investment, according to new data from Bank of America Merill Lynch. read more
SA Govt credit outlook 'stable'

SA Govt credit outlook 'stable'

14/08/2015 - 08:31
Cape Town - The credit outlook of the South African Government is stable, according to a credit opinion report issued by Moody's on Wednesday. read more
Load shedding for the next 18 months

Load shedding for the next 18 months

07/08/2015 - 09:45
Load shedding will continue for the next 18 months, Public Enterprises Minister Lynne Brown said on Thursday, once again appealing to South Africans to save electricity. read more
SA state owned company set for record multi-billion rand loss

SA state owned company set for record multi-billion rand loss

24/07/2015 - 11:10
The Democratic Alliance says government-owned petroleum oil and gas corporation, PetroSA cannot be allowed to follow the likes of other SOE’s such as Eskom, SAA, and SAPO, and degenerate into a financial black hole. read more
How much money Eskom says it needs to keep the lights on

How much money Eskom says it needs to keep the lights on

23/06/2015 - 09:07
In its MYPD 3 Selective Reopener application hearing starting on Tuesday, Eskom’s acting CEO Brian Molefe will argue that an increase in tariffs will shorten load shedding and improve overall generation stability. read more
Eskom 25% price hike delayed?

Eskom 25% price hike delayed?

10/06/2015 - 08:42
While Eskom has reverted to a daily load-shedding schedule this week, the power utility may only get a 25.3% price hike next year. read more
Eskom trying hard to keep lights on

Eskom trying hard to keep lights on

08/06/2015 - 08:45
Eskom would like to keep power cuts this week to a maximum of 1 000MW, the utility’s spokesperson Khulu Phasiwe said yesterday (7 June).  read more
Electricity price hikes to fund R1 trillion SA nuclear build

Electricity price hikes to fund R1 trillion SA nuclear build

03/06/2015 - 09:05
The Democratic Alliance says that the Department of Energy (DoE) aims to fund its R1 trillion nuclear programme with electricity tariff hikes. read more
'High likelihood' of rate hikes

'High likelihood' of rate hikes

28/05/2015 - 09:13
Johannesburg - There's a high likelihood that the SA Reserve Bank (Sarb) will increase interest rates at its next few meetings, one of its deputy governors said on Tuesday. read more
Ackermans shining example of how to cut electricity costs

Ackermans shining example of how to cut electricity costs

15/05/2015 - 09:20
Cape Town – An innovative project by retailer Ackermans to save electricity and reduce costs landed them a hot prize at the African Utility Week in Cape Town on Wednesday. read more
Eskom’s greed will lead to bankruptcy

Eskom’s greed will lead to bankruptcy

14/05/2015 - 11:11
Eskom’s greed will plunge large numbers of consumers and business into debt according to an economist and a debt expert. read more
Eskom says no to R1.5 billion cost-cutting

Eskom says no to R1.5 billion cost-cutting

06/05/2015 - 09:36
Acting Eskom CEO Brian Molefe says that he is unwilling to cut the power utility’s R1.5 billion staff catering bill, despite its financial crisis. read more
Chances of load shedding medium to high - Eskom

Chances of load shedding medium to high - Eskom

20/04/2015 - 09:04
Cape Town - Without announcing definite power cuts for Monday, Eskom warned in a tweet that the "load shedding prognosis for today is medium to high" and is "dependent on the performance of our power plants". read more
Things get more complicated for Eskom in winter

Things get more complicated for Eskom in winter

16/04/2015 - 08:30
Load shedding is expected to continue through the period of high electricity demand in winter, as necessary maintenance on Eskom’s plants need to be carried out, Minister of Public Enterprises Lynne Brown told a media briefing on Wednesday (15 April) afternoon. read more
Eskom power crisis has cost SA 1 million jobs

Eskom power crisis has cost SA 1 million jobs

09/04/2015 - 10:22
Power shortages in South Africa have curbed economic growth by as much as 10%, while also preventing mass employment opportunities. read more
Medupi lock-out a declaration of war – Numsa

Medupi lock-out a declaration of war – Numsa

09/04/2015 - 10:17
Cape Town – The National Union of Metalworkers of South Africa (Numsa) said it would make a decision on Wednesday regarding possible strike action at Medupi power station in Lephalale, with a warning that Eskom’s lockout of workers is a declaration of war. read more
Eskom executives score R11 million in bonuses

Eskom executives score R11 million in bonuses

18/03/2015 - 10:46
The Democratic Alliance says that Eskom’s top 10 officials received almost R11 million in bonuses in 2014. read more
SA cannot afford ‘single day of a strike’

SA cannot afford ‘single day of a strike’

17/03/2015 - 09:21
Business Unity SA (Busa) head Khanyisile Kweyama has warned of the dire effects of power cuts and "of even one day of a strike", as she joins the American Chamber of Commerce, International Monetary Fund and rating agencies in expressing concern over the state of the economy. read more
Cape Town wants to make its own electricity

Cape Town wants to make its own electricity

12/03/2015 - 10:40
The City of Cape Town’s executive deputy mayor, Ian Neilson, says that the city wants to generate its own electricity to become less reliant on power utility, Eskom. read more
Load shedding dents business confidence

Load shedding dents business confidence

11/03/2015 - 09:11
Johannesburg - The quarterly business confidence index stumbled in the first quarter of 2015 due to the negative impact of load shedding, which was slightly offset by lower fuel prices and inflation, a survey showed on Tuesday. read more
Not even Zuma safe from load shedding

Not even Zuma safe from load shedding

10/03/2015 - 09:21
Cape Town - No residential homes, including those of President Jacob Zuma and Deputy President Cyril Ramaphosa, are excluded from Eskom's interruption of power supplies, says Public Enterprises Minister Lynne Brown. read more
Eskom has too many white employees

Eskom has too many white employees

09/03/2015 - 10:24
Eskom is set to axe as many as 3 389 skilled white employees, including 1 081 white engineers and managers, as it ramps up its affirmative action policy. read more
What’s next for Medupi?

What’s next for Medupi?

05/03/2015 - 09:43
The first unit of the Medupi power station is finally adding electricity to the South African power grid, but there is a long wait ahead before the next unit is ready to follow. read more
Government budget plan won’t pull Eskom from crisis

Government budget plan won’t pull Eskom from crisis

02/03/2015 - 12:49
Multiple experts and commentators, including energy expert Chris Yelland, say that government’s budget plans for Eskom have done nothing to fix the fundamental management and operational issues that are keeping the power utility in its current state of crisis. read more
Plans to sell government assets

Plans to sell government assets

26/02/2015 - 11:31
Private investment in parastatals and selling off some of their assets are part of the state’s plans to lessen their drain on its finances, Finance Minister Nhlanhla Nene said in his 2015/16 budget on Wednesday. read more
Peak hour electricity price hike coming

Peak hour electricity price hike coming

25/02/2015 - 10:22
Johannesburg’s City Power is set to charge household more for electricity during peak periods in a bid to lessen the need for load shedding. This is according to a report in the Rand Daily Mail. read more
SA ignores advisers over R1trn nuclear plan

SA ignores advisers over R1trn nuclear plan

16/02/2015 - 09:42
Johannesburg – The government is forging ahead with plans to spend as much as R1trn on new nuclear plants, ignoring objections from environmental activists, opposition parties, unions and even its own advisers. read more
Eskom to get R23 billion injection

Eskom to get R23 billion injection

13/02/2015 - 10:52
Stabilising Eskom’s finances is a priority and the power utility will be given R23 billion to do so, President Jacob Zuma announced on Thursday. read more
ANC coining it from Eskom electricity crisis

ANC coining it from Eskom electricity crisis

11/02/2015 - 09:45
The ANC has made millions from doing business with Eskom, while South Africans continue to suffer the burden of load shedding every day. read more
How much Eskom blackouts costs SA every month

How much Eskom blackouts costs SA every month

10/02/2015 - 10:07
The expended period of Eskom’s load shedding since December 2014 to date is beginning to have a serious negative economic impact, warns energy expert, Chris Yelland. read more
Koeberg 'human error' cost economy R7.5bn

Koeberg 'human error' cost economy R7.5bn

10/02/2015 - 09:24
Durban - The “human error” that led to one of the units at Koeberg suddenly shutting down last Sunday — removing 900 megawatts from the power grid for a week - cost the country’s economy at least R7.5bn. read more
Business confidence falters on chaotic events

Business confidence falters on chaotic events

06/02/2015 - 12:20
South Africa’s reputation as a viable and attractive investment destination is uncertain as business confidence continues to take a beating amid the worst power crisis in the post-apartheid era.  read more
Coal price dip cost SA R23bn

Coal price dip cost SA R23bn

05/02/2015 - 09:30
Cape Town - South Africa lost out on R23bn in coal export revenues last year due to a drop in prices for the commodity, the Mines Minister Ngoako Ramatlhodi said on Wednesday. read more
Get ready for electricity price hikes: DA

Get ready for electricity price hikes: DA

04/02/2015 - 09:27
The resignation of the National Energy Regulator of SA (Nersa) CEO Phindile Baleni will lead to hikes in the electricity price, the Democratic Alliance said on Tuesday. read more
SA rapidly approaching fiscal cliff

SA rapidly approaching fiscal cliff

04/02/2015 - 09:17
Johannesburg - The fiscal cliff is rapidly approaching for the South African government, according to Frans Cronjé, CEO of the SA Institute of Race Relations (IRR). read more
Break Eskom monopoly or it breaks SA

Break Eskom monopoly or it breaks SA

03/02/2015 - 09:15
Cape Town - Keeping Eskom’s monopoly and control is more important to the ANC than solving this crisis, DA leader Helen Zille said in her newsletter SA Today. read more
Blackouts due to economic growth: ANC

Blackouts due to economic growth: ANC

30/01/2015 - 10:58
The strain on the power grid is due to economic growth and development, ANC secretary general Gwede Mantashe said on Wednesday. read more
Eskom load shedding just got worse

Eskom load shedding just got worse

27/01/2015 - 10:13
Eskom has announced that it has moved from Stage 1 load shedding, to Stage 2 in some areas. read more
Davies warns prospective investors

Davies warns prospective investors

21/01/2015 - 15:13
Johannesburg- Investors seeking projects in South Africa need to take account of power shortages that might result in more planned outages, Trade Minister Rob Davies said.  read more
We are not bankrupt: Eskom

We are not bankrupt: Eskom

20/01/2015 - 12:34
Despite ongoing discussions between Eskom and government for urgent funds, and admission that it is in financial crisis, the power utility says it is not bankrupt. read more
Eskom update for the week ahead

Eskom update for the week ahead

19/01/2015 - 11:29
Johannesburg - Eskom on Sunday said it hoped that it would not need to implement load shedding in the upcoming week.  read more
When to expect Eskom’s next load shedding

When to expect Eskom’s next load shedding

14/01/2015 - 09:14
Eskom says it is monitoring its power availability every hour, making short-term predictions on the health of supply very difficult. read more
Business braces for Eskom cuts

Business braces for Eskom cuts

09/01/2015 - 13:07
Johannesburg - Business is bracing itself for more disruptions in the coming week as the end of the festive season is set to put a further strain on Eskom, which warned on Wednesday that the risk of power cuts was rising as the reopening of mines, factories and schools loomed.  read more
Eskom: Lights might still go out

Eskom: Lights might still go out

07/01/2015 - 10:19
Cape Town - There is just about enough electricity to survive next week as the country revs up again with businesses and big industries getting into gear.  read more
Economic year ahead: Local and global demand may help grow economy

Economic year ahead: Local and global demand may help grow economy

07/01/2015 - 10:12
The economy looks set to grow faster this year than it did last year, supported by an improvement in local and global demand as well as exports. Nevertheless, it is likely to make strides only in the second half. read more
Another Eskom load shedding warning

Another Eskom load shedding warning

17/12/2014 - 11:25
Power utility, Eskom has warned of further load shedding after it lost four power-generating units on Tuesday (16 December). read more
State may sell assets to ease power crunch

State may sell assets to ease power crunch

15/12/2014 - 10:08
Johannesburg - Financial problems at Eskom have pushed the government to look into selling stakes in state companies to free up funds to update the utility and ease power blackouts.  read more
Medupi workers given Christmas break

Medupi workers given Christmas break

15/12/2014 - 09:55
Johannesburg - While the government and Eskom tried to explain the country's latest round of rolling blackouts, 13 000 workers at Eskom's Medupi power station headed home for the December holidays, reported the Sunday Times.  read more
Power cuts alarm SA’s mining sector

Power cuts alarm SA’s mining sector

10/12/2014 - 10:46
The impact of South Africa’s power crisis was heightened yesterday, as the country’s mining industry became the latest sector to warn that uncertainty about electricity supply would put the economy in peril.  read more
Consumers ‘to spend more on food in festive season’

Consumers ‘to spend more on food in festive season’

10/12/2014 - 10:42
South African consumers will cut back on travel and socialising in favour of food purchases over the festive season as tough economic conditions force people to be more pragmatic in their spending habits, Deloitte’s Year-End Holiday Survey revealed on Tuesday. read more
Eskom load shedding schedule to March 2015

Eskom load shedding schedule to March 2015

09/12/2014 - 09:39
Eskom says that the week ahead will be “tight with a medium risk of load shedding” and a high risk on Thursday and Friday, 11-12 December. read more
Retailers urge Eskom to stop weekend cuts

Retailers urge Eskom to stop weekend cuts

08/12/2014 - 10:56
Cape Town - The National Clothing Retail Federation of South Africa has urged Eskom to review its implementation of rotational load shedding over weekends and to engage business more actively in limiting the fallout from the energy crisis. read more
How much electricity is stolen in South Africa

How much electricity is stolen in South Africa

08/12/2014 - 10:17
Eskom has revealed that as much as 7% of the country’s electricity is stolen via illegal connections, something the state power utility can no longer afford. read more
Power crisis is likely to worsen

Power crisis is likely to worsen

08/12/2014 - 09:33
Cape Town - The national power crisis that has seen repeated blackouts daily around the country is likely to worsen, an energy analyst has warned.  read more
Eskom expects fewer power cuts

Eskom expects fewer power cuts

02/12/2014 - 10:57
Rotational power cuts are expected to decrease by Sunday evening, Eskom said. read more
Eskom: Expect weekend load shedding

Eskom: Expect weekend load shedding

28/11/2014 - 09:49
Johannesburg - Power cuts are expected over the weekend, as electricity supply remained constrained, Eskom said on Thursday. read more
Eskom crisis a brake on economy

Eskom crisis a brake on economy

27/11/2014 - 10:23
Cape Town - The ongoing load shedding by power utility Eskom will have a dire impact on the country’s economy as investors go elsewhere and consumers pay more, say experts.  read more
Hawks arrest Eskom employees in sting operation

Hawks arrest Eskom employees in sting operation

26/11/2014 - 10:47
Johannesburg - At least two Eskom employees have been arrested in connection with fraud that could have resulted in the power utility losing billions of rand, the Hawks said on Wednesday. read more
Mantashe: ANC won't privatise electricity

Mantashe: ANC won't privatise electricity

25/11/2014 - 10:56
Johannesburg - The ANC is not in favour of privatising the country's power system, despite problems with parastatal Eskom, secretary general Gwede Mantashe said on Monday. read more
Eskom's electricity struggle: Unpaid bills

Eskom's electricity struggle: Unpaid bills

20/11/2014 - 10:52
Soweto - Zodwa Madiba has not paid an electricity bill in 14 years and is resolute she never will, holding the African National Congress (ANC) to vague promises made in the dying days of apartheid to provide free electricity to all South Africans. read more
Eskom blackouts costs SA R300 billion

Eskom blackouts costs SA R300 billion

10/11/2014 - 09:49
Dawie Roodt, director and chief economist at The Efficient Group, believes that Eskom’s blackouts have cost South Africa as much as R300 billion since 2008. read more
Business fears worst over electricity

Business fears worst over electricity

04/11/2014 - 09:50
Cape Town - Certainty over power supply is key to ensuring South Africa achieves optimal economic activity, the SA Chamber of Commerce and Industry (Sacci) said on Monday. read more
Telkom warns over Eskom load shedding

Telkom warns over Eskom load shedding

04/11/2014 - 09:44
Telkom services will be impacted by Eskom’s nationwide load shedding schedule, the company said in a press statement on Monday, 3 November 2014. read more
Eskom issues power warning

Eskom issues power warning

30/10/2014 - 09:26
South Africa’s power supply is “severely constrained” and will remain so for the rest of the week because of technical problems, state-run power company, Eskom said on Wednesday. read more
SA middle class forced back into poverty?

SA middle class forced back into poverty?

09/10/2014 - 11:34
Increasing electricity tariffs will have devastating consequences for the country’s indebted consumers, Debt Rescue said on Tuesday. read more
Deeply indebted consumers facing ‘perfect storm’

Deeply indebted consumers facing ‘perfect storm’

01/10/2014 - 09:35
Two of SA’s economists are predicting that the rand may slide to as much as R11.60 or weaker to the dollar in the near future and they say this will have a "severe impact" on everything from the price of food to imported vehicles. read more
Ukraine to buy coal from SA

Ukraine to buy coal from SA

04/09/2014 - 10:49
Kiev - Ukraine will buy one million tonnes of coal from South Africa because the military conflict in its Donbass region has disrupted domestic coal production, Prime Minister Arseny Yatseniuk said on Wednesday. read more