South Africa’s economy was roaring along in 2007 on the back of the global commodities boom when power shortages struck, bringing mines and smelters to a halt.
Browsing: Energy and sustainability
A panel of experts under the leadership of the CSIR has submitted a proposal to declare eMalahleni, Klerksdorp and Beaufort West as preferred locations for wind and solar photovoltaic power projects.
Liquid Telecom, Africa’s biggest fibre company, has turned to solar power in South Africa, where recurrent power outages shut businesses temporarily earlier this year.
Eskom’s standalone credit profile was downgraded one notch at Fitch Ratings, signalling the South African power utility’s worsening ability to repay debt without additional government support.
A new report proves what everybody already knows: businesses cannot operate without electricity and without operating businesses the economy cannot grow.
Debt-laden power utility Eskom has narrowed its search for a new CEO as the government finalises a plan to rescue the business.
Eskom has shortlisted three candidates for CEO to lead the loss-making utility out of its debt crisis, according to three people familiar with the process.
Government will announce its strategy to turn around ailing Eskom after it has finalised a master plan to revive the economy, according to minister in the presidency Jackson Mthembu.
A plan to establish the world’s largest green energy financing initiative is being threshed out in South Africa.
Fixing loss-making power utility Eskom is complex and it will take time for the government and the company to agree to a plan, according to Moody’s Investors Service.