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/ 28 January 2008

End Eskom’s monopoly, says DA

Eskom’s monopoly was the main cause of South Africa’s electricity problems and the solution lay in independent power producers (IPP), the DA said on Monday. While provision was made for IPPs to generate up to 30% of South Africa’s total electricity output, it had to be sold to Eskom and not to other users, party MP Hendrik Schmidt told journalists.

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/ 26 January 2008

Mines wake to power ‘nightmare’

The ”nightmare” of South Africa’s major gold, platinum and diamond mines shutting down because of power failures became a reality on Friday. ”Tens of millions of rands a day are being lost. It’s a nightmare,” said T-sec chief economist Mike Schussler. The JSE gold mining sub-sector closed almost 6% lower on Friday. The move contributed to the gold price rising.

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/ 21 January 2008

Dark times ahead for South Africa

South Africa was set on Monday to ration electricity in a bid to stem a spiralling crisis that has dealt a severe blow to its status as the continent’s economic powerhouse. After mounting anger over daily power cuts that have cost business hundreds of millions of rands, the government said it was drawing up plans that could see consumers fined if they exceed set quotas.

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/ 17 January 2008

Outrage mounts over power cuts

Outrage over the country’s ongoing power cuts spread among business, agricultural and political sectors on Thursday as Eskom announced that the risk for continued cuts over the weekend remained high. ”Load shedding will continue today [Thursday] until after evening peak and the possibility of load shedding remains high,” said Eskom.

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/ 17 January 2008

DA: Power cuts could undermine SA’s growth

South Africa’s future growth could be severely compromised by the country’s lack of sufficient power capacity, the Democratic Alliance (DA) said on Thursday. DA spokesperson Hendrik Schmidt said: ”South Africa’s lack of reserve power capacity has now reached catastrophic proportions and if left unchecked threatens to undermine future growth prospects.”

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/ 15 January 2008

Opposition parties voice concern over Eskom

Opposition parties on Tuesday voiced their concern over Eskom’s inability to avert a power crisis in the country, with the Freedom Front Plus (FF+) calling for the appointment of a multiparty task team to handle the situation. FF+ spokesperson on energy Willie Spies said it was evident that the government did not have the capacity to deal with the current power crisis.

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/ 10 October 2007

DA says Eskom caught napping again

Eskom has been caught napping again and has caused massive disruption to the public and the economy, the Democratic Alliance said on Wednesday. ”Eskom has informed the public too late about load shedding and has caused massive disruptions,” said DA spokesperson on Minerals and Energy Affairs, Hendrik Schmidt.