Renewable energy will also cost South Africa in excess of R1 trillion and it’s up to Eskom to say if they can afford it, as it will be funded from the power utility’s balance sheet, said energy minister Tina Joemat-Pettersson on Tuesday. The minister
Browsing: Brian Molefe
A nuclear build programme for South Africa doesn’t need to be funded by the fiscus. There are enough potential financiers who would be willing to take the risk, said Eskom CEO Brian Molefe on Wednesday
Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor with effect from Thursday. This comes after the Guptas announced last Friday that they would sell all their shares in their South African businesses by the end
Eskom CEO Brian Molefe said the only thing he has been captured by is South Africa’s constitution. He was responding to parliamentarians on Wednesday, who were questioning Eskom’s relationship with Gupta-owned coal mining company Tegeta
The third unit at Ingula Pumped Storage Scheme was brought into commercial operation on Tuesday, Eskom CEO Brian Molefe announced on Wednesday. Each unit adds 333MW of peak power to the grid, which is key in the
Finance minister Pravin Gordhan has fired “the political equivalent of a bazooka” at Eskom CEO Brian Molefe, Democratic Alliance MP David Maynier said on Monday after national treasury issued a statement saying that the state-owned power
While Eskom said it remains committed to sign all of the remaining renewable energy independent power producer (REIPP) contracts under the current bid window, it reportedly backtracked on this pledge last week. Eskom CEO Brian Molefe
Reeling from his ruling party’s worst-ever election performance and a public backlash over a police investigations into his finance minister, President Jacob Zuma’s room to manoeuvre appears to be shrinking. Anxiety over whether
Government hasn’t changed its position on the Independent Power Producers (IPP) programme, as it is one of the best in the world and has attracted considerable investment from the private sector, said Jeff Radebe
A series of public spats between South African cabinet ministers, state companies and departments are exposing divisions in the ruling party and risk spooking investors in an economy the central bank forecasts will record zero growth this year.