Crisis-ridden power utility Eskom is approaching the Auditor-General and the National Treasury to seek approval for a special procurement dispensation that will allow it to accelerate the purchase of critical goods and services required to address ongo…
Eskom to seek special procurement dispensation to help it address ‘crisis’ Read More »
The Eskom technical review team, appointed by the Public Enterprises Minister Pravin Gordhan and the Eskom board on March 4, will produce a preliminary report within four weeks, Cabinet said in a statement released on the same day, March 14, that Eskom…
Eskom technical review team to deliver preliminary report in four weeks Read More »
The National Union of Mineworkers (NUM) announced on Tuesday that it would march on the African National Congress’ (ANC’s) Luthuli House head office, in Johannesburg, on March 30 to voice its opposition to the unbundling of Eskom. It would also use the…
NUM to march on Luthuli House on March 30 to protest Eskom unbundling Read More »
Steel producer ArcelorMittal South Africa (AMSA) says it has introduced contingency plans at its various plants to minimise the potential impact on production of a National Union of Metalworkers of South Africa (Numsa) strike. The union indicated on Tu…
AMSA says contingency plans in place as Numsa strikes over ‘labour brokers’ Read More »
Petrochemicals and jet fuel have emerged as key drivers of oil growth, with the International Energy Agency’s (IEA’s) latest market forecast indicating that the two sectors will account for more that 30% of global growth in the coming five years, as ga…
Petrochemicals and jet fuel to underpin oil growth as gasoline slows Read More »
South Africa’s Energy Regulator has granted Eskom allowable revenue of R206.38-billion for 2019/20, which will translate into a tariff increase of 9.41% from April 1, exclusive of the 4.41% hike sanctioned following an adjudication, in 2018, of three E…
Energy Regulator sanctions 13.82% Eskom tariff hike for 2019 Read More »
A strong performance from Murray & Roberts’ (M&R’s) underground mining business was insufficient to offset lower contributions from its oil and gas, as well as its power and water platforms in the six months to December 31, 2018. The JSE-listed…
M&R’s underground mining order book rises to R25bn amid oil and gas slowdown Read More »
A strong performance from Murray & Roberts’ (M&R’s) underground mining business was insufficient to offset lower contributions from its oil and gas, as well as its power and water platforms in the six months to December 31, 2018. The JSE-listed…
M&R’s underground mining order book rises to R25bn amid oil and gas slowdown Read More »
Credit ratings agency S&P Global Ratings has revised its outlook on Eskom to stable from negative, following Finance Minister Tito Mboweni’s announcement of R23-billion a year of additional funding to the debt-laden State-owned electricity utility….
S&P revises Eskom outlook to stable in wake of govt’s R23bn-a-year pledge Read More »
The National Energy Regulator of South Africa (Nersa) will announce its decision on Eskom’s fourth multiyear price determination (MYPD4) application, as well as the State-owned utility’s 2017/18 regulatory clearing account (RCA) submission on Thursday …
Energy Regulator to announce Eskom tariff decision on March 7 Read More »
