Eskom on Thursday reported one of the biggest full-year losses in its history and warned power supply was still tight despite a decline in usage.
Unions representing gold miners met with employers for final wage talks on Tuesday, saying a strike was ”highly likely” if they fail to reach a deal.
Two 4 800MW power plants Eskom is constructing are on track, and it expects to seek approval from the board for a third plant in December.
Southern African leaders will speed up their efforts to help restore political order in Madagascar after talks on the island collapsed.
Energy Minister Dipuo Peters says that measures must be put in place to shield the poor from an electricity price increase requested by Eskom.
South Africa’s fearsome record for robbery, murder and rape may be the single biggest challenge facing organisers of next year’s Soccer World Cup.
Eskom said on Monday that power supply is still vulnerable and could worsen if it fails to get a tariff increase to fund its expansion.
South African power utility Eskom said on Wednesday the country would need to invest up to R110-billion in coal mining by 2020.
South Africa is confident it can overcome structural and financial challenges to balance a power shortage with climate concerns.
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/ 18 February 2009
Nersa will take into account changes in the economic environment and a decision to guarantee loans for Eskom when deciding the next tarrif rise.