Eskom has kept its pay offer to workers at 0% in a second round of wage talks as the South African power utility struggles to strengthen its balance sheet. “We still are sitting where we are, at 0%,” company
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South African business confidence has declined to levels last seen when Jacob Zuma was still the president. The index dropped to 96 in April from 97.6 the previous month, the South African Chamber of Commerce
Eskom doesn’t expect current shortages of coal to force a return to rolling blackouts as it sources extra stocks and moves around existing supplies of the fuel. The state-owned company supplies almost
Eskom has permission to circumvent some purchasing rules in order to boost critically low coal stocks at several of its power stations and avoid a return to rolling power cuts. The state-owned utility is seeking coal
South Africa’s economic growth could pick up faster than forecast if the right structural reforms are implemented, the Reserve Bank said. That means the economy could expand faster than the 2% for 2020 the central
Energy minister Jeff Radebe has signed agreements with 27 independent power producers after more than two years of delays. The deals promise to revive South Africa’s renewable energy programme that was once the
MTN Group’s sustainability report for 2017 shows just how environmentally polluting the telecommunications industry can be, despite ongoing efforts to reduce carbon emissions. For example, the JSE-listed group
After a decade of unprecedented growth in staff numbers, cash-strapped power utility Eskom is finally tackling the controversial issue of its headcount. State-owned Eskom, seen by Goldman Sachs Group as the biggest single
Extensive changes are in the offing at South Africa’s troubled state-owned companies as new public enterprises minister Pravin Gordhan moves to tackle their many management and financial failings. Power utility Eskom and
Government’s long-awaited signing of agreements with 27 renewable energy independent power producer projects on Tuesday was blocked by an interdict that the National Union of Metalworkers of South Africa