Eskom and Sasol, South Africa’s two biggest polluters, must comply with emission limits even if it costs them tens of billions of rand, environment minister Barbara Creecy said.
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Promoted | IT experts from major South African companies recently shared their experiences at a TechCentral CIO Vision Roundtable on DevOps, and hosted by Micro Focus.
Figures and estimates show that independent power producers and corporate installations are close to generating as much electricity as one of Eskom’s modern power stations.
South Africa has doubled emission limits for sulphur dioxide pollution that will come into effect 1 April at a time when there is growing concern about the outbreak of the coronavirus, which is more severe for those who already have respiratory problems.
South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as reaction to US measures aimed at curbing the spread of the coronavirus accelerated the sell-off.
Promoted | IT leaders from major South African organisations exchanged ideas, pain points and advice recently at a TechCentral CIO Perspectives Roundtable, sponsored by SUSE, to discuss “using the cloud for business survival”.
MTN Group shares fell more than 12% on Monday morning in Johannesburg, to their lowest levels in nearly 14 years, as investors digested the news of a shock fall in oil prices overnight.
André de Ruyter, the incoming head of South Africa’s debt-burdened state power utility, engaged in questionable stock sales while working as a senior executive at Sasol in 2013, according to a forensic audit report.
Eskom, South Africa’s biggest polluter, is struggling to curb its highest particulate emissions in two decades after its Kendal power plant was damaged during a strike.
André de Ruyter, the next CEO of embattled Eskom, has experience trying to turn around struggling companies.