South African News
Eskom outlines ‘aspirational’ generation vision in meeting with lawmakers
By: Terence Creamer 4th December 2024 Eskom Group CEO Dan Marokane has outlined an “aspirational” and largely unfunded new generation project pipeline to progressively replace its aged... →
Exxaro places CEO on precautionary suspension with immediate effect
By: Martin Creamer 4th December 2024 Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate... →
High Court says State can’t order new coal plants
By: Bloomberg 4th December 2024 South Africa’s High Court upheld a legal challenge to the government’s plan to procure 1 500 megawatts of new coal-fired power, ruling that it was... →
National Treasury notes Moody’s reaffirmation of South Africa’s junk status
By: Darren Parker 4th December 2024 National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as... →
NTCSA still mulling private participation in grid roll-out but confirms deployment ‘step change’ needed
By: Terence Creamer 4th December 2024 The National Transmission Company South Africa (NTCSA) has told lawmakers that a “step change” will be needed in the delivery of new grid... →
DA calls for Johannesburg city manager Floyd Brink’s removal following court judgment
By: Thabi Shomolekae 4th December 2024 The Democratic Alliance on Wednesday called for the removal of City of Joburg city manager Floyd Brink after the South Gauteng High Court ruled... →
Green loan underpinning latest Harmony Gold renewable-energy project in North West
By: Martin Creamer 4th December 2024 A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed... →
Ramaphosa faces criticism over reassignment of embattled Minister Thembi Simelane
By: Thabi Shomolekae 4th December 2024 Political parties have condemned President Cyril Ramaphosa’s recent cabinet reshuffle, in which he moved embattled Justice and Constitutional... →