Eskom has only managed to meet peak demand with its own fleet on 49 of the 106 days between the most recent instance of load shedding on 23 March, and 7 July.
Author Hilton Tarrant
A new fixed surcharge of R200/month means that City of Johannesburg residents who use prepaid electricity will see actual increases of up to 66% in the cost of power from this month.
Analysts have long criticised Telkom since its entry into the mobile market in October 2010, which hasn’t come cheap. But it’s become the company’s saving grace.
Discovery Bank will start accepting new clients from Monday, three months later than it had anticipated when it unveiled its banking proposition in November.
The country’s big four traditional banks – Absa, FNB, Nedbank and Standard Bank – have together shut 695 branches since their respective peaks in the earlier part of this decade.
Standard Bank has announced the full list of branches that have been or will be closed, as part of the realignment of “its retail and business banking delivery model”.
Why the e-commerce business is rolling out physical collection points.
The decision by Standard Bank to close 91 branches and cut 1 200 jobs is not at all surprising – the only surprises were that the bank announced it publicly and that it did so before elections in May.
Data published by the department of public enterprises and Eskom shows just how important the contribution from solar and wind is becoming.