Tag Archives: South

South Africa: Expect Big Petrol Price Hike – AA

Based on unaudited daily fuel price data released by the Central Energy Fund, fuel price increases are set to continue in July, the Automobile Association (AA) said on Thursday. It expects the price of petrol to increase by between 43 cents and 46c cents a litre, while diesel and illuminating paraffin will be less affected, […]

South Africa: Electricity Tariff Hike Will Cripple SA – Seifsa

By Adam Wakefield Eskom’s proposed 25% electricity price hike, if approved, will further cripple the already bleeding South African economy, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. “The metals and engineering sector has been struggling for more than five years, owing to fierce import competition from Asian economies, industrial […]

South Africa: Load Shedding to Blame for CEO Confidence Drop

Many CEOs believe the general public are not getting the full story behind the national power crisis and the true state of the power stations and their level of deterioration. This was one of the reasons why the Merchantec CEO Confidence Index recorded a significant decrease of 11.7%. The index recorded a positive score of […]

South Africa: Localised Energy Generation Is Solution to Eskom Crisis, but We Need Managed Localism

analysis By Saliem Fakir Two forms of anarchism will further imperil the energy crisis – first there’s Eskom’s anarchic pursuit of large power stations like the nuclear plant. Second, there’s the fact that those citizens and corporations who can afford it, are following their own path in response to the financial crisis and mismanagement within […]

South Africa: Kganyago Worries About Extra Eskom Tariff Hike

SA Reserve Bank governor Lesetja Kganyago expressed concern on Thursday over Eskom’s extra tariff hike request to a total 25.3% increase for the 2015/16 financial year. He said at the end of the bimonthly Monetary Policy Committee meeting on Thursday that the MPC, in a split decision, decided to keep the repurchase rate on hold […]

South Africa: Eskom Tariff Increase Would Be Catastrophic for Consumers – Expert

If Eskom’s tariff increase is approved, it would be a catastrophe for the consumer and would see millions more plunged into debt followed by a slew of bankruptcies for businesses and private individuals, according to a debt expert. The National Energy Regulator (Nersa) said on Wednesday that they would announce their decision as to whether […]

South Africa: French Hypocrisy On Whose Lives Matter

opinion By Dominique Doyle On the 7th of January 2015 the Yemenese branch of Al-Qaeda took responsibility for a brutal attack on the French satirical newspaper, Charlie Hebdo. Eleven people were gunned down and a further eleven people were injured. The attackers justified their violent actions because they found the way in which the newspaper […]

South Africa: An Unenlightened Vision for Energy Security Casts a Pall Over Our Future

opinion By Glenn Ashton · Our most recent round of load shedding, coupled to Eskom’s current application to increase power tariffs by over 25 percent, has raised the level of public anger and frustration with both the national power utility and government. Eskom has now ineluctably demonstrated its incapacity to deliver on its mandate to […]

South Africa: Petrol Price Remains Unchanged

Pretoria — The price of petrol will remain unchanged next month, the Department of Energy says. The main factors for the unchanged fuel price include the Rand depreciating slightly against the US Dollar and the international price of Brent crude oil experiencing a slight increase during the period under review. The department said while the […]

South Africa: Load Shedding Shelved for Now: Eskom

By Mthulisi Sibanda Johannesburg — ESKOM said it had stopped load shedding despite the electricity supply system remaining vulnerable. Load shedding stopped on Thursday evening but restoration of power took longer in some areas Related Topics South Africa: South Africa – Wading Into Hard… Zimbabwe: Xenophobia – Last Six Buses Arrive Namibia: Nampower to Probe […]

South Africa: Stage 1 Load Shedding Underway

Eskom says stage 1 load shedding, which started at 8am, is expected to continue until 10pm. The electricity supply system remains very constrained and vulnerable due to a shortage of generation capacity as several units are currently out of service due to planned and unplanned outages. Related Topics South Africa: Zuma Calls On Foreigners to… […]

South Africa: South Africa Rebuffs U.S. Over Nuclear Explosives

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Photo: Douglas Birch/Center for Public Integrity The Pelindaba Nuclear Research Centre was built during the apartheid era, when South Africa’s officials developed a number of nuclear bombs for use against their enemies. Now South Africa stores nearly a quarter ton of uranium there. By Douglas Birch and R. Jeffrey Smith This report on the stand-off […]

South Africa: How Pretoria Needs to Fix Its Electricity Crisis

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Photo: Sello Ntoane/Earthlife On World Environment Day, 5th June; protesters gathered outside Eskom for a series of pickets demonstrating how hazardous Nuclear is to the environment. guest column South Africans have in recent years joined the ranks of those on the continent suffering from regular power cuts. While the government has accepted responsibility for failing […]

South Africa: Government Welcomes German Loan to Eskom

Pretoria — Government has welcomed a R4 billion loan granted to Eskom by the German Development Bank (KfW). “South Africa’s plan to secure its power system by scaling up renewable energy generation and strengthen its transmission network has been boosted by a massive loan granted by the German Development Bank. Related Topics South Africa: Eastern […]

South Africa: Eskom Chairman Resigns

Photo: Johannesburg at night (file photo). Eskom chairman Zola Tsotsi has resigned, the electricity provider confirmed on Tuesday. “It happened overnight following a presentation he gave to the board,” said spokesman Khulu Phasiwe.” More on This Opposition Party Demands Answers from Deputy… Eskom and Government Keeping SA in the Dark… Deputy President to Convene Summit […]

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