Cabinet is to consider a proposal that a mooted nuclear power deal for the country be financed through the state-owned power utility Eskom. This is the latest twist in South Africa’s controversial efforts to expand its nuclear power capability by
Browsing: Eskom
Eskom CEO Brian Molefe is not running the country’s largest utility, he is running a propaganda campaign. That was the opinion of Chris Yelland from EE Publishers, who was speaking at the Life After Coal seminar held in Cape
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
South Africa’s state-owned electricity utility forecasts it will have more than R150bn in 10 years’ time, money it could use to fund the country’s proposed plan to build nuclear power plants. Eskom’s stronger financial and operating performance
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
The head of economic transformation in the ANC has backed finance minister Pravin Gordhan, saying charges relating to setting up an illicit tax surveillance unit are “concocted” and politically motivated
Deputy finance minister Mcebisi Jonas is “worried” about the impact of a perception that state institutions are being used to advance political agendas, saying the issue is a distraction to efforts to expand the economy. “Political behaviour does
As South African finance minister Pravin Gordhan tries to fend off a police investigation, his department is engaged in open conflict with key state-owned companies over their management and spending plans. Threatened court action by the national
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
Denmark’s Jyske Bank became the second money manager to say it won’t lend to Eskom after the nation’s biggest specialist fixed-income manager said it had stopped extending credit to state-owned companies amid