[ad_1] South Africa’s minister of public enterprises will soon introduce a bill in parliament to establish a government firm that will own and manage at least 13 of the country’s…
Tag: ESKOM HOLDINGS SOC LTD
South Africa Manufacturer Mood Turns Upbeat on Stronger Activity
[ad_1] Sentiment among South Africa’s manufacturers turned positive for the first time in eight months in December, propped up by more robust business activity and less intense rolling power cuts…
South Africa Seen Dodging Contraction Even as Key Sectors Shrink
[ad_1] South Africa’s economy probably skirted a contraction in the third quarter, even as sectors that make up more than a fifth of total gross domestic product shrank. Despite a…
South Africa Is on the Road to Becoming a Failed State
[ad_1] What with banking crises and market gyrations on both side of the Atlantic, you probably haven’t noticed what’s going on in South Africa. But if you think you’ve got…
South Africa Sets Role for Electricity Czar After Almost a Year
[ad_1] South Africa’s president approved an agreement giving Electricity Minister Kgosientsho Ramokgopa authority over the board and management of the state-owned power utility on ending blackouts, while Public Enterprises Minister…
Rampant Corruption at Energy Provider Drags Down South Africa
[ad_1] On a late Thursday afternoon last November, in the midst of rolling blackouts implemented by South Africa’s state-owned electricity company, a contractor at a power station in the eastern…
Eskom Set for Seventh Loss as Power Cuts Grip South Africa
[ad_1] South Africa’s Eskom Holdings SOC Ltd. is on track to post its seventh consecutive full-year loss as the utility crumbles under the weight of its debt pile and high…
Eskom Asks South Africa to Take a Stake to Ease Debt Costs
[ad_1] Eskom Holdings SOC Ltd., South Africa’s indebted state power utility, said the National Treasury is assessing whether to convert 16 billion rand ($875 million) of bailout funds into equity.…
South African Towns Owe Eskom Billions
[ad_1] South Africa’s top 130 municipalities could write off 8.6 billion rand ($462.8 million) of bad debt for the third quarter, hampering their ability to maintain sewerage systems and streets…
How 60 Million South Africans Are Being Failed by Global Climate Politics
[ad_1] It was meant to be the climate justice blueprint, the deal that showed how rich countries could help developing economies end their reliance on coal and go green. Almost…