Absa acted as joint mandated lead arranger and lender for South Africa’s first utility scale renewable energy captive power project, comprising 200MW’s of solar power, which will be built in the North-West province in South Africa, at an estimated cost...
Eskom says that it lost 42 generating units over the last week - and while it has managed to bring 37 back, it underlines how volatile and vulnerable the grid is, with uncertainty over maintenance persisting.
South Africa's plans to add 5,200MW of renewable energy to its grid faces pressure from a perfect storm of global events, which will push up prices and hamper progress.
Eskom has announced the load shedding schedule for the coming week, starting with stage 3 on Monday morning and dropping to stage 2 by Friday.
Eskom has announced that load shedding will be pushed to stage 3 on Friday, and that rolling blackouts will be extended over the entire weekend.
Power utility Eskom says it will have to extend stage 2 load shedding on Thursday to continue overnight.
Second quarter 2022 Gross Domestic Product (GDP) data published by Statistics South Africa showed a decline of 0.7% quarter-on-quarter, was quickly followed by yet another load shedding announcement from power utility, Eskom.
South Africa's gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022, Stats SA reported on Tuesday (6 September).
South Africa’s government is concerned about the impact that power outages had on the economy in the second quarter, as the nation’s statistics agency prepares to release data for the three-month period.
Despite recent moves to cut red tape - especially for small and medium businesses - analysts and trade experts say the Department of Trade and Industry and Competition (DTIC) is actively 'kneecapping' investment in South Africa by trying to force…
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