The decreasing performance of the existing Eskom plants is evident in the steady decline of the energy availability factor. On average, 35% of Eskom’s power plants are standing idle at any particular time.
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Revego Africa Energy Fund, an investor in South African renewable projects, is looking to raise as much as R1.5-billion by April with the industry poised to grow.
I let out a cynical laugh while watching President Cyril Ramaphosa deliver his state of the nation address in parliament on Thursday evening. By Duncan McLeod.
Nigeria’s demand that all of MTN’s 75 million subscribers be registered with national ID numbers in two weeks might seem like the authorities are gunning for it once again. It’s more nuanced than that.
ABB will repay R1.56-billion to Eskom, the latest international company to return money after being ensnared in corruption probes in the country.
South Africans were cheered this week with three announcements many thought would never come: arrests in relation to state corruption and plans to sell vacant farmland and new Internet spectrum.
André de Ruyter knew well the adversity he faced at South Africa’s power monopoly – a state-owned wreck hollowed out by corruption that struggles to keep the lights on, pay its bills and play ball with a unionised workforce.
South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics.
President Cyril Ramaphosa is considering making changes to his cabinet after he meets the ruling party’s leadership this weekend, people familiar with the deliberations said.
Chronic under-performance of South Africa’s economy over the past decade is pushing the continent’s dominant powerhouse to the edge of economic and political disaster.