Eskom is escalating load shedding to stage 4 on Wednesday, meaning it is cutting 4GW of supply from the grid, as it struggles with plant breakdowns.
Author: Staff Reporter
Eskom has plunged South Africa back into stage-2 load shedding, with the rolling national blackouts set to continue until Sunday night.
Rolling power cuts are likely to continue all week as Eskom struggles to bring generating units back online, the state-owned power utility said on Monday.
While implementing countrywide blackouts this week, energy regulator Nersa has published for comment Eskom’s latest submission for additional revenue to be recovered from electricity tariffs.
Standard Bank has launched an online marketplace for larger companies, offering them a range of digital solutions. Called OneHub, it’s meant to act as a single point of entry for the bank’s corporate clients.
Logicalis, the IT services arm of JSE-listed technology multinational Datatec, said on Wednesday that it has acquired Siticom, a “network transformation and modernisation specialist”, for an undisclosed sum.
Stage-2 load shedding will return on Tuesday, Eskom said. The power cuts will start at 4pm and continue through the night, with a possibility that they’ll continue for the rest of the week.
Eskom will implement rolling blackouts nationwide at stage 2 from 4pm on Monday, the state-owned utility said in a statement.
Cedric Miller, the chief financial officer at JSE-listed technology group Altron, has resigned. He will leave on 30 June, Altron told investors.
The City of Johannesburg plans to take over electricity distribution in part of the city from Eskom, a move that will be very costly for business, the Association of South African Chambers has warned.