South Africa will probably be hit by Stage 4 load shedding until Thursday. Power outages may continue for the next ten days, as Eskom warns that it will take weeks to recover from an unlawful strike. After long delays, Koeberg’s unit 2 was expected to come online by the end of July and alleviate pressure on […]
Agriculture body, Agri SA, has warned that the recent escalation in rolling blackouts has seriously disrupted farming operations, posing long-term risks to consumers and the economy. Farmers are reporting huge losses due to damages to machinery, equipment and stock amid power outages. Agri SA’s Executive Director Christo van der Rheede says, “The agriculture sector really […]
Motorists will face large fuel price hikes on Wednesday 6 July 2022, as the petrol levy cut falls from R1.50 a litre to 75c. Petrol prices will be hiked by R2.37 (93) and R2.57 (95) a litre, while diesel prices will rise by R2.31 (0.05% sulphur) and R2.30 (0.005% sulphur) a litre, the Department of […]
Brian Molefe, the former CEO of Eskom, has been directed to pay back just under R10 million, plus interest, to the power utility’s pension fund. This follows a drawn-out legal process that dates back to 2018, when the same court set aside all Molefe’s pension payouts. But the former Eskom boss did not pay back […]
In an exclusive interview with Tshidi Madia, ANC NEC member Nomvula Mokonyane lays into the public enterprises minister for his treatment of the country’s power emergency. Controversial African National Congress national executive committee (ANC NEC) member Nomvula Mokonyane has accused Public Enterprises Minister Pravin Gordhan of turning the Eskom boss into an untouchable individual, while the minister remains unaccountable for the […]
Prices are rising on a weekly basis in Zimbabwean supermarkets as the country’s dollar loses value against the US dollar in what many are seeing as a terrible throwback to the economic crisis of 2008. GWERU, ZIMBABWE – The cost of living is biting too in Zimbabwe where fuel costs at least $1.77 cents a […]
Solidarity said that it expected that the wage negotiations would be finalised when unions met with Eskom on Tuesday afternoon. JOHANNESBURG – Trade union Solidarity has confirmed that its members at Eskom have accepted the new wage offer. The organisation is one of three recognised trade unions at the ailing power utility. Meanwhile, leaders of […]
The Democratic Alliance says it may have the answer to South Africa’s ever-rising fuel prices. The opposition party has unveiled its Fuel Price Deregulation Bill.The party hopes it can convince Parliament to adopt it into law. From Wednesday, motorists will pay well over R2 extra for a litre of diesel and petrol. Source eNCA
Spokesperson of the Automobile Association of South Africa Layton Beard says government needs to urgently review fuel prices in the country. His comments come as the Department of Mineral Resources and Energy announced a R2.37 per litre increase in the price of petrol, while diesel is set to increase by R2.30 per litre, and the price […]
Clement Manyathela speaks to Gauteng economic development MEC, Parks Tau about the impact of load shedding on the economic state of the province. Eskom’s continued power cuts continue to have a devastating effect on South Africa’s economy. This as some businesses have to stop operating resulting in the loss of jobs. This is also according […]