insert_link Business / Economics André de Ruyter: More Truth to Power Former Eskom CEO André de Ruyter who had to leave South Africa for his own safety, speaks to BizNews' Chris Steyn from the United States about how the corruption at ESKOM continues “by and large unabated”. https://youtu.be/_u_x171wHr0 todayFebruary 1, 2024 11
insert_link South Africa South Africa ramps up commercial solar installations to counter load shedding By Conrad Onyango, via bird story agency South Africa is leading other countries in a radical shift towards more reliable energy sources as its business and industry owners contributed the highest addition of the 3.7-Gigawatt peak (GWp) in new solar capacity on the continent in 2023. The Africa Solar Industry Association (AFSIA) annual Solar Outlook 2024 released recently revealed that South Africa more than doubled its new solar installations, from […] todayJanuary 24, 2024 21
insert_link South Africa SA Electricity Minister says the energy outlook is set for improvement with the return of Koeberg unit SA Electricity Minister Kgosientsho Ramokgopa says the energy outlook is set for improvement with the return of Koeberg unit one to the grid, ensuring a substantial boost of at least 27 additional megawatts. Unit one was successfully synchronised in November last year, following an extended outage, which signifies a positive step towards enhancing energy resilience. Briefing the media on the Energy Action Plan, Ramokgopa anticipates a notable reduction in load-shedding […] todayJanuary 24, 2024 7
insert_link South Africa Eskom has suspended load-shedding again Eskom has suspended load-shedding again. The power utility says an improvement in generating capacity has allowed it to ease the weekend outages. Spokesperson Daphne Mokwena thanks South Africans who heed the call to use electricity sparingly and efficiently, including switching off geysers and pool pumps. This lowers demand, helps alleviate the pressure on the system and contributes to lower stages of load-shedding. todayJanuary 22, 2024 3
insert_link South Africa Stage 3 load-shedding implemented by Eskom despite the return of generation capacity Eskom says stage 3 load-shedding was in effect from yesterday afternoon until 5 AM this morning, despite the return of three-thousand-200 megawatts of generating capacity. It attributes the decision to necessary planned maintenance, and setbacks. Eskom spokesperson Daphne Mokwena urges the public to use electricity efficiently to alleviate system pressure. todayJanuary 19, 2024 8
insert_link South Africa Stage 3 load-shedding implemented by Eskom despite the return of generation capacity Eskom says stage 3 load-shedding was in effect from yesterday afternoon until 5 AM this morning, despite the return of three-thousand-200 megawatts of generating capacity. It attributes the decision to necessary planned maintenance, and setbacks. Eskom spokesperson Daphne Mokwena urges the public to use electricity efficiently to alleviate system pressure. todayJanuary 18, 2024 15
insert_link South Africa Eskom’s board has officially announced the appointment of the board of directors Eskom’s board has officially announced the appointment of the board of directors for the National Transmission Company of South Africa. This forms a crucial element of Eskom’s legal separation into three entities – Generation, Distribution, and Transmission. The newly appointed chairperson, Priscillah Mabelane, will lead a team of 12 executives, with Brian Armstrong taking on the role of lead independent director. Eskom board chairperson Mteto Nyati emphasises the move is […] todayJanuary 10, 2024 5
insert_link South Africa SA Minister Ramokgopa says Eskom power stations are showing consistent performance SA's Electricity minister, Kgosientsho Ramokgopa, says Eskom power stations are showing consistent performance peaking by 86.7-percent. Ramokgopa was providing an update on implementation of Energy Action Plan. Medupi is showing 80.7-percent performance and Lethabo 76.4-percent. The minister says power stations such as Duvha, Tutu’s, Kahuna, Camden, Hendrina and Grootvlei are showing a positive improvement trajectory. todayDecember 22, 2023 9
insert_link South Africa Eskom has requested the National Treasury to convert 16-billion-rand of bailout funds into equity Eskom has requested the National Treasury to convert 16-billion-rand of bailout funds into equity in a bid to alleviate its debt-service burden. According to a report by Moneyweb, Eskom officials told investors that an application has been made to convert the subordinated loan into equity. The report indicates that the conversion into equity would lessen a debt-service burden that has prevented Eskom from carrying out adequate maintenance. This is the […] todayDecember 15, 2023 6