South Africa’s latest fuel price increase, which came into effect on 1 December, put the cost of petrol over the R20 per litre mark (about $1.25) in parts of the country for the first time.
Eskom reports interim profit as chief executive warns of ‘unreliable and unpredictable’ power system
Eskom published interim results for the six months ended September 2021, showing a net profit after tax of R9.2 billion - up from R216 million, despite supply constraints and South Africa’s ongoing national lockdown.
Power utility Eskom says it will make some of its land available to private investors for renewable energy generation projects. This is in a bid to boost energy availability and generation capacity for the country.
Trade union Solidarity has warned that half-hearted reforms to South Africa's fuel price formula could hinder, rather than help motorists.
Embattled power utility Eskom has warned that the imposition of minimum emissions standards earlier than expected will lead to an energy crisis as it would be forced to take power plants offline.
Finance minister Enoch Godongwana has called for changes to the way the fuel price is calculated in South Africa as the country's motorists pay record-high prices.
Eskom has announced that stage 2 load shedding will be implemented on Saturday due to constrained generation capacity.
Mineral Resources and Energy minister Gwede Mantashe has warned that South Africa's petrol price will increase if the government moves ahead on plans to scrap the controversial e-toll system.
The Department of Mineral Resources and Energy has walked back on previously announced official fuel price changes, admitting that it made an error in its calculations.
The Department of Mineral Resources and Energy has walked back on previously announced official fuel price changes, admitting that it made an error in its calculations.
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