Infrastructure and resources group Aveng reported on Thursday that it had secured R520-million from the sale of six noncore businesses, as well as other assets, and that the process of disposing its remaining noncore businesses would be completed durin…
Aveng nets R520m from disposals, says noncore sales to be wrapped up in 2020 Read More »
The South African Renewable Energy Council (SAREC) has called for urgent dialogue between government, business, labour and civil society on the so-called ‘just energy transition’ in order to craft an action-orientated, government-led plan to facilitate…
Allocate 5GW of renewables to coal regions to mitigate decommissioning impact – SAREC Read More »
The South African Renewable Energy Council (SAREC) has called for urgent dialogue between government, business, labour and civil society on the so-called ‘just energy transition’ in order to craft an action-orientated, government-led plan to facilitate…
Allocate 5GW of renewables to mining regions to mitigate decommissioning impact – SAREC Read More »
The acting head of the Independent Power Producer Office (IPPO), Advocate Sandra Coetzee, has indicated that there should be “no surprises” in the bid documentation that will be released once procurement activities resume again, following a hiatus of n…
Acting IPP Office head promises ‘extensive’ talks with stakeholders on new bid documents Read More »
Foskor chairperson Bobby Godsell reported on Tuesday that the company’s board was conducting a comprehensive review of the group’s underperforming operations with the aim of developing a sustainability plan within the coming six months. Foskor, which m…
Foskor board to finalise sustainability plan within six months Read More »
The Energy Intensive Users Group of Southern Africa is calling for urgent consideration to be given to the development of industrial tariffs for large power users, in the light of the threat being posed to domestic mining and industrial firms by steepl…
EIUG calls for urgent overhaul of industrial power tariffs to stem job losses Read More »
The Department of Water and Sanitation has confirmed that work on the R12.3-billion Mokolo-Crocodile Water Augmentation Project Phase 2A (MCWAP-2A) project will not commence while there is an appeal against the project’s environmental impact assessment…
JSE-listed steel group ArcelorMittal South Africa (AMSA) is continuing to pursue tariff relief from electricity producer Eskom as part of broader efforts to navigate an increasingly hostile domestic steel market. The group, which is in consultation wit…
As steel consumption plumbs ten-year lows, AMSA seeks power-tariff relief Read More »
State-owned electricity producer Eskom’s debt-servicing costs are set to surge to a whopping R84-billion in 2019/20, from a record R69-billion last year, amid a R441-billion-and-rising debt burden, declining sales and increasing costs. At R31-billion, …
Eskom’s debt-servicing costs to surge to R84bn as it warns of another R20bn loss Read More »
State-owned electricity utility Eskom’s court papers challenging two recent price determinations by the National Energy Regulator of South Africa (Nersa) include a detailed financial analysis showing a direct correlation between its surging debt levels…
