Unplanned outages at Eskom’s generating fleet fell to less than 16GW in the past two months, President Cyril Ramaphosa said.
Author: Adelaide Changole
The Reserve Bank is working on a contingency plan to ensure the country’s payments system remains in operation in the event Eskom’s electricity grid collapses.
Tyme Group is considering entering Vietnam as early as next year in an ambitious expansion plan.
Government is prepared for legal fights with environmental groups over its plans to use ship-mounted power plants.
South Africa is set to adopt a raft of legislative changes over the next three to five years to modernise the regulatory framework for financial institutions.
Private investments in energy generation will take two to three years before they solve the load shedding problem, Nedbank CEO Mike Brown said.
The South African Reserve Bank has raised concern about the threat an inadequate and unreliable power supply poses to financial stability.
South Africa, the world’s 13th biggest source of climate-warming greenhouse gases, will unveil details on how it plans to cut emissions next month.
South African banks see physical money remaining key to their business as almost a third of their customers aren’t ready to go cashless, according to a survey.
Nedbank Group wants to almost double its lending to green energy projects in South Africa over the next two years.