Just a week after downgrading South Africa’s foreign currency rating to “junk”, S&P Global Ratings has changed its rating outlook on the country’s biggest fixed-line telecommunications operator, Telkom, to “negative”. Its rating has been
Browsing: Eskom
Blaming the early closure of some South African coal-fired electricity plants and subsequent job cuts on renewables is “misdirected” because generation from the fuel far outpaces clean-power supply, a former National
Eskom spokesman Khulu Phasiwe on Tuesday confirmed that the power utility will expedite plans to close four power stations in order to accommodate renewable independent power producers. The stations are the 3GW Kriel, 1GW Komati, 2GW
South Africa should consider splitting state power company Eskom into transmission and generation units to prevent it from undermining the country’s independent power producer program, the ruling ANC said. While the government has championed
Former Eskom CEO Brian Molefe was sworn in as a member of parliament for the ANC on Thursday morning. He was controversially nominated to take up an MP seat by the ANC in the North West, prompting
The Organisation Undoing Tax Abuse, long a thorn in the side of roads agency Sanral over the tolling of Gauteng roads, has now set its sights on Eskom, lodging a complaint with the Competition Commission seeking the state-owned power
A year after President Jacob Zuma began feuding with finance minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in parliament on Wednesday
South Africa’s energy planning revolves around two interrelated but separate processes, the Integrated Energy Plan and the Integrated Resource Plan. The IEP covers all energy, including liquid fuels/transport and the IRP
Brian Molefe is set to become a member of parliament for the ANC, prompting speculation that President Jacob Zuma intends installing the former Eskom CEO as the new minister of finance, replacing Pravin Gordhan. Parliament said late
President Jacob Zuma, in his state-of-the-nation address on Thursday, appeared to put the country’s acclaimed Renewable Independent Power Producers’ Programme back on