Big worry over power supply
Power utility Eskom’s ability to keep the country’s lights on this winter remains a major worry, the Democratic Alliance warned on Tuesday. “At the front and centre of most South Africans’ minds right now is the worry about our very precarious electricity supply,” MP Natasha Michael told MPs in the national
Talk of SOE shake-up welcomed
Minister in the presidency Collins Chabane is next week expected to announce the findings of the long-awaited presidential review of state-owned enterprises and speculation is mounting that communications minister Dina Pule will be the big loser in
Eskom reviewing tariff decision
Eskom is reviewing the implications of electricity regulator Nersa’s decision to grant it a lower than requested electricity tariff hike, public enterprises minister Malusi Gigaba said on Wednesday. “We are studying it in detail, because we need to understand
Feel it: load shedding is nearly here
Both Eskom CEO Brian Dames and public enterprises minister Malusi Gigaba may have shied away from saying that load shedding is on its way, but analysts and people working in the industry believe it is a very real possibility, given that our electricity system is running with almost no reserves
‘Fragile’ winter for power supply
Limiting Eskom’s electricity tariff hike to 8% is likely to have far-reaching implications, public enterprises minister Malusi Gigaba said on Monday. “While the National Energy Regulator of South Africa’s [Nersa’s] decision … is welcomed, the implications of the lower tariffs and revenue approved on Eskom’s
Eskom price hikes unavoidable – Gigaba
The 16% electricity tariff hike every year for the next five years is unavoidable, public enterprises minister Malusi Gigaba said on Tuesday. “It [the tariff increase] is not fair, [but] it is necessary,” Gigaba said at a business breakfast in Fourways.
Telkom, the utility that ate itself
The government’s decision in August to retain two Telkom directors who small institutional investors wanted removed and vote off four independent investors has led to speculation that the purge of the board was driven by a long-term plan for the company
Gigaba defends Eskom price hikes
Eskom’s application for a 16% price hike over five years is vital to cushion the economy against a shock of a sudden tariff rise, public enterprises minister Malusi Gigaba said on Tuesday. Briefing the parliamentary committee on public enterprises, Gigaba was reluctant to declare whether Eskom’s
Telkom decision imminent – Pule
Communications minister Dina Pule on Wednesday told journalists that cabinet will finalise its decision regarding the future of Telkom either this week or by the “beginning of October”. Pule, who was speaking at the Classic FM Business
Telkom in limbo after cabinet meeting
Uncertainty continues to surround Telkom after a cabinet meeting on Wednesday where the company’s future was meant to be debated. Communications minister Dina Pule said last week that she would present three options for the company’s future to cabinet, which is government’s highest-level